Credit: Instagram
Kyle Richards and Mauricio Umansky reportedly took out a new mortgage on their mansion in L.A. A TikTok influencer then claimed this “signals” their plans to divorce and shared why.
The Real Housewives of Beverly Hills couple, who are allegedly separated but living in the same house, purchased the home in 2017 for $8,253,000. The property contains seven bedrooms and seven baths, while the mortgage is $5,364,450.
According to The U.S. Sun, documents indicate that the mortgage was taken out through Morgan Stanley Private Bank.
Per aerial photographs, the driveway contains several luxury vehicles. Repayments for the mortgage are $300,000 each year at three percent.
Per The Agency’s site, Motown star Smokey Robinson formerly owned the property, and a past renovation “crafted the ultimate trophy residence with unparalleled grace, and grandeur that matches Smokey’s inimitable style.”
Beyond the private gates is a “Wizard of Oz technicolor moment,” showcasing a “deep circular drive framing a symmetrical boxwood topiary garden, a timeless classic Southern colonial façade in the distance, and sun filtering through towering historic oak trees.”
The exterior balcony is roughly 800 square feet, overlooking the entire estate. The property also holds a home theater, swimming pool, multi-purpose sports court, a large guest house, a running creek, and a picnic gazebo.
Built in 1912, the estate contains colonial-style architecture, eight fireplaces, landscaped grounds, and a small putting green.
According to TikTok influencer @brownstonedmama, shared via @bravosnarkside on Instagram, the mortgage isn’t necessarily a sign that Kyle and Mauricio are staying together — it in fact could mean the opposite.
She said the practice is called a “divorce mortgage buyout,” meaning one spouse wishes to remain in the marital property, but they know it’s more difficult to get the mortgage after divorce papers are filed, and the other spouse doesn’t have enough “liquidity” to “pay them half of the house’s value.”
Because of this, the hypothetical couple “takes out a mortgage and then that’s used to buy out the property.”
She went on to predict, “One person, very likely Kyle, stays there.”
The new mortgage, according to the influencer, is also “a move that signals this may be a friendly divorce.”
The Real Housewives of Beverly Hills season 13 is expected to return this November on Bravo.