Divorce and your mortgage: Here’s what to know

Source: Bankrate — 

One of the biggest decisions divorcing couples face is what to do with the marital home. If the breakup is acrimonious, trying to agree on the house and the mortgage can be a nightmare.

The options for divorcing couples depend on a number of factors, such as how their property was financed and titled, whether one partner wants to stay in the home, the amount of equity they have in the home and their credit rating.