Divorce Mortgages in Calgary, AB

Separation and divorce are hard enough without a mortgage adding to the stress. Yet the family home is usually the largest shared asset, and deciding what happens to it — one partner buys the other out, you sell, or you refinance — carries real financial weight. My team and I handle this work with patience and discretion. We focus on the numbers, so you can focus on everything else.

Keeping the home with a spousal buyout

If one partner wants to stay, a spousal buyout mortgage refinances the home so the departing partner is paid their share of the equity. There’s a specific program for this. It allows borrowing up to 95% of the home’s value, well above the standard 80% refinance ceiling, provided the extra funds go directly to settling the separation. The central question is whether the staying partner qualifies on their own income, and that’s the first thing my team and I will assess honestly.

Selling or refinancing instead

Keeping the home isn’t always the right answer, and that’s okay. If selling makes more sense, my team and I help each partner understand what they can afford next and get a fresh pre-approval ready. If the plan is simply to refinance and divide things differently, we structure that cleanly. There’s no single correct outcome, only the one that fits your situation.

Working with your lawyer

A buyout needs a signed separation agreement that spells out who keeps the home and how the equity is split. My team and I coordinate directly with your lawyer and, when needed, your real estate agent, so the financing lines up with the legal side and nothing stalls. You won’t be the one chasing paperwork between offices.

Confidential help in Calgary

However your separation is unfolding, you’ll get steady, judgment-free guidance on the mortgage. Call (587) 815-5161 or book a free consultation, and my team and I will help you find the way forward.