Somerset Investors Corp. Mortgage Refinance, Reverse Mortage, Home Loan
  Reverse Mortgage Divorce Buyouts Debt Consolidation Home Improvement Purchase Refinance
Search Somerset:
Print this page    E-mail this page

Acton, CA Divorce Buyout in California

Since 1979 Somerset Investors Corp. Co. has been considered a leader in the residential mortgage lending business and is currently licensed in 26 states, including California, offering its expertise in many of the circumstances that life brings to many homeowners.   In most cases Somerset has been able to provide lower payments for the spouse remaining while giving large cash outs to the other. Our Divorce Buyout Loan Specialists work with you to determine how much of a loan you need and what it will cost to refinance.Following is an example of how Divorce Buyout works:

Example: John and Jane own a house valued at $500,000, with a mortgage (or mortgages) that total $300,000.  If you subtract the value from the total loan about ($500,000 - $300,000) you get the equity of the house, in this case $200,000.  If John and Jane split their assets 50-50, each have $100,000 equity in the house.  Therefore, if John wishes to keep the house, he would need to refinance the mortgage(s) with a total loan amount of $400,000 and use the remaining $100,000 to buy out his spouse.

Return to bad credit divorce buyout in the state of CA

Bad Credit? We can help!

Call for COMPLETE details NOW!

(800) 675-9783

Acton, California News
Big rig, 3 other vehicles crash on 14 Freeway in Acton

A tractor-trailer and up to three other vehicles were involved in a collision on the northbound Antelope Freeway in Acton today, but no one was believed to be seriously injured.


CHP reports patches of ice on 14 Freeway

The CHP reported large patches of black ice on the Antelope Valley Freeway in the Acton, Agua Dulce and Palmdale areas early Saturday.


Stranded motorists on move

Snow covers railroad tracks adjacent to Soledad Canyon Road in Acton, Ca. The area was blanketed with powder after a winter storm hit Wednesday, Dec.


Roads Closed North of LA

Heavy snow forced the closure of all roads between Santa Clarita and the Antelope Valley on Wednesday, and Metrolink officials readied for thousands of additional commuters on afternoon trains, the last open ...


New arctic storm to hit South Bay today

Another arctic storm will slam into the Southland today, bringing rain, snow, high winds and the risk of flash flooding, along with perilous road conditions in the Antelope Valley and local mountain areas, ...


Storm splashes into SCV

CHP driving tips In 2007, 106 people in California were killed and 7,696 people were injured in traffic collisions that occurred in rainy, snowy or foggy conditions, according to the California Highway Patrol.


Winter Storm Takes Aim at Southland

A winter storm took aim at the Southland Friday, threatening to bring showers, high winds, unseasonably cold temperatures and snowfall beginning Saturday, forecasters said.


County signs off on anti-bullying program

The Los Angeles County Board of Supervisors jump-started the effort to change Project 51 from one man's dream to education policy Tuesday.


Water supply in Antelope Valley to be reduced during system upgrades

Beginning Sunday, about 165,000 residents in the Antelope Valley and some nearby communities will have extremely limited water supply for a week because of system upgrades, according to officials at Los Angeles ...


Concert should be a real mother

A benefit concert for the family of Jimmy Carl Black, original drummer for Frank Zappa's Mothers of Invention, will be staged from 11 a.m. to 5 p.m. Dec.


No bullying after Jan. 1

California Assembly Bill 86 will allow school districts to suspend and recommend expulsion for bullies beginning Jan.


Schools add bullying outreach

The Acton-Agua Dulce school officials adopted parts of an anti-bullying program in the wake of a community-shaking student suicide at Vasquez High School.


Boy's Suicide Leads to Program To Stop Bullying In Schools

The teenager killed himself in school because of other kids taunting him. Friday, November 14, 2008 Jeff Lasater's 14-year-old son Jeremiah killed himself at Vasquez High School in Acton in October, so Lasater ...


Tear down those old signs 2008 edition

After each election there are a few signs that seem to stay up for months in some places.


School district under pressure

A tragedy that cut deeply into a close-knit community, a financial crisis that threatens to shut a high school's doors - these are tough times at the Acton-Agua Dulce Unified School District, a school board ...


Actor has a new career caring for stray pets

Nearly 30 years ago, actor Leo Grillo had a dream about a dog. "I already had three black cats in my Hollywood apartment," he recalled.


Scaring up Halloween savings

Max Shdhet, 6, becomes a Lego warrior in a costume his father created for Halloween.


Have you ever been bullied?

Jeremiah Finten Lasater, 14, was found Monday in a bathroom stall with a self-inflicted fatal gunshot wound.


Boy's suicide exposes division

A shocking suicide might have divided a quiet, rural town. The two sides squared off at the Acton-Agua Dulce Unified School District board meeting Thursday night.


Statement on Death of Vasquez High Teenager

State Schools Chief Jack O'Connell Issues Statement on the Tragic Death of Teenager at Vasquez High School SACRAMENTO State Superintendent of Public Instruction Jack O'Connell today released the following ...


Save time with our easy online mortgage application.
With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
 
"I prayed day and night for a miracle...In less than a week, (Somerset) was able to stop the foreclosure and get a new mortgage for me. It was the best of times...I have Somerset Mortgage Lenders to thank until eternity for the miracle they were able to make come true." - Diane B.
© 2006 Somerset Investors Corp. All rights reserved.
home | about us | Mortgage Blog | contact us | privacy policy | state licensing | search | links | link to us | site map
mortgage calculators | refinance | purchase | fha | reverse mortgage | divorce buyout | debt consolidation
Eqaul Housing Lender Member of the Better Business Bureau (BBB) Member of the National Reverse Mortgage Lenders Association (NRMLA)