Separation Simplification

Our guide to navigating home ownership through a separation or divorce.
We'll walk you through the process and provide you with all your options!
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Reduce stress with an end to end homeownership plan.

Most people who go through separation never expected to do so and don't have a homeownership plan in place for life after marriage. Not to worry, it doesn't need to be an added stress, and we're here to help.

Whether you are planning to keep your marital home or are looking to sell and buy something new, we will walk you through the entire process. We'll also bring in any needed professionals to assist you, end to end. 

Our guide to separation and homeownership will begin to provide you with the answers you need to move forward.  

Although you might feel alone, you're not, We're here to help. Here's our simple 3 step plan.

When you work with the Loewen Group, We walk you through the process from start to finish. You'll never be left guessing as to the next steps. 
Connect Anytime

The best place to start is by letting us know who you are! When you're ready, please connect with me directly. Together we can walk through your financial situation and put a plan in place that outlines all your options going forward.

Get a plan

You need a solid plan to start the move forward. As we have a lot of experience working with clients going through a divorce, you're in good hands. We'll guide the conversation, and help you think through the next steps. We can even outline a program that may allow you to buy the matrimonial home.

We'll handle the details

Going through a divorce isn't something you plan for, so working with an experienced and trusted professional is crucial. We'll make sure you're looked after, every step of the way. I'll be happy to introduce you to professionals I know and trust, who also have experience working with clients in your position!

Mortgage advice if you're going through a divorce or separation

I'll walk you through the process and provide you with all your options!

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Separation and Home Ownership Common Questions

  • Do I need to have a separation agreement?

    Short answer - yes. 


    Lenders require a separation agreement to confirm any child or alimony payments to be received. These figures are required within the debt servicing qualifications for affordability. Should no alimony or support be payable and there is no division of assets, an exception can be sought by utilizing a statutory declaration signed with a solicitor.

  • Does my separation agreement need to be completed?

    No. We can use an accepted separation agreement that has not yet been executed. The condition will be that the terms of the separation agreement are executed. Additionally, these must be adhered to, by or on your purchase or refinance date.

  • Can I qualify on my own?

    Of course, click any of our "get started" buttons to determine how much you can qualify for. We will or can use alimony or child support payments received or to be received as qualifying income on your application. Conversely, any alimony or child support being paid must be taken into consideration when being qualified. 

  • Do I need to be divorced to proceed?

    No. In Canada, you need to have 12 months of separation before you can apply for a divorce. Therefore you don't have to wait and can apply for a mortgage before your separation is even finalized. 

  • What do I need to provide to show my portion of our assets?

    The division of assets will be outlined within your separation agreement. Any assets that are presently owned that are being used for downpayment will require three months of supporting bank account statements. Any assets being transferred through the separation, require confirmation of deposit into your bank account or RRSP's.

  • Should I have a different broker to my partner?

    No. In fact, to the contrary. We recognize this may be a challenging scenario to communicate with your ex, we remove that requirement of the financing and will adhere to and maintain privacy between parties. 


    Having us help both of you ensures both mortgages will close on time, avoiding any issues and delays in closing. 


    Should either or both of you require bridge financing, we can ensure a credit solution or strategy is in place to allow this with your marital home as security. This can be a real issue when working with a sizeable bridge loan and two varying lenders. 


    We'll assure than neither party is aware of the structure, size, co-signers, or details of the others mortgage particulars. 

If you need mortgage advice, please connect anytime. It would be a pleasure to work with you.