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

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.

Local bad credit divorce buyout directory for CA :
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Cabazon Cardiff by the Sea Chico Comptche
Calabasas Carlotta Chilcoot Compton
Calexico Carlsbad Chinese Camp Concord
Caliente Carmel Chino Cool
California City Carmel by the Sea Chino Hills Copperopolis
California Hot Springs Carmel Valley Chowchilla Corcoran
Calimesa Carmichael Chualar Corning
Calipatria Carnelian Bay Chula Vista Corona
Calistoga Carpinteria Cima Corona del Mar
Callahan Carson Citrus Heights Coronado
Calpella Caruthers City of Industry Corte Madera
Calpine Casmalia Claremont Costa Mesa
Camarillo Caspar Clarksburg Cotati
Cambria Cassel Clayton Cottonwood
Camino Castaic Clearlake Coulterville
Camp Meeker Castella Clearlake Oaks Courtland
Camp Nelson Castro Valley Clearlake Park Covelo
Camp Pendleton Castroville Clements Covina
Campbell Cathedral City Clio Coyote
Campo Catheys Valley Clipper Mills Crescent City
Campo Seco Cayucos Cloverdale Crescent Mills
Camptonville Cazadero Clovis Cressey
Canby Cedar Glen Coachella Crest Park
Canoga Park Cedar Ridge Coalinga Crestline
Cantil Cedarpines Park Coarsegold Creston
Cantua Creek Cedarville Cobb Crockett
Canyon Ceres Coleville Crows Landing
Canyon Country Cerritos Colfax Culver City
Canyon Dam Challenge Coloma Cupertino
Capay Chatsworth Colton Cutler
Capistrano Beach Chester Columbia Cutten
Capitola Chicago Park Colusa Cypress

Return to our bad credit divorce buyout page

Bad Credit? We can help!

Call for COMPLETE details NOW!

(800) 675-9783

California News
Dems: Waxman wins leadership backing over Dingell to head energy committee

Rep. Henry Waxman of California won backing from a House Democratic leadership panel Wednesday to replace veteran Rep.


Governors pledge to fight global warming together

Gov. Arnold Schwarzenegger, his counterparts in 12 states and regional leaders from four other countries signed a declaration Wednesday pledging to work together to combat global warming, a move Schwarzenegger ...


Calif. Supreme Court to take up gay marriage ban

California's highest court agreed Wednesday to hear several legal challenges to the state's new ban on same-sex marriage but refused to allow gay couples to resume marrying before it rules.


California bent on rebuilding despite wildfire risk

Twice in the span of a month, wildfires have ravaged the same northeast corner of greater Los Angeles, destroying hundreds of homes and the good life offered by California's scenic beauty at the city's edge.


Black Leaders Meet In New Orleans

To Marc Lamont Hill, the election of Barack Obama proves black America can reach a goal once considered unattainable, but it doesn't end the fight on such issues as education reform, job creation and fair wages ...


Ledger's lawyers to sue insurance firm

Lawyers representing Heath Ledger's three-year-old daughter, Matilda, have vowed to financially punish a US life insurance company for its failure to pay a $US10 million policy the Oscar nominated actor took ...


Governor Convening Global Climate Summit

Gov. Arnold Schwarzenegger's global climate summit gets under way today in Beverly Hills.


Trial begins over California prison crowding

Attorneys for the state and inmates' rights groups clashed Tuesday at the opening of a high-stakes trial over whether California's jam-packed prisons have led to unconstitutionally poor medical and mental ...


California's Emergency Fire Costs Hit $305M

The Southern California wildfires are burning a bigger hole in California's budget, adding to the state's $11.2 billion deficit.


Californians Return to Fire-Ravaged Homes

BREAKING: Resident Kristen Fowler walks through the remains of her home which was burned during wildfires in Yorba Linda, California.


Residents pull keepsakes from Calif. fire wreckage

Michael Hernandez pulled a charred photo album from the wreckage of his home, the plastic pages melted and flaking after a wildfire tore through the mobile home park where he lived with his grandparents and 7-year old daughter.

It was one of a handful of keepsakes Hernandez was able to rescue Monday during a police-escorted tour for some residents of Oakridge Mobile Home Park, a tight-knit community of manufactured homes that became a flattened field of blackened trees and twisted metal.

The fire at the park was one of three in Southern California that have destroyed nearly 1,000 homes and apartments and burned 42,000 acres, or 65 square miles, forcing thousands to flee.


'Tired' Firefighters Making Progress in Calif.

After calm winds allowed firefighters in Southern California to make gains on two raging wildfires, some crews were able to get a break Monday to get food and and a little rest.


Schwarzenegger convenes global climate summit

Scientists, environmentalists and government and industry officials from around the world meet this week for a summit on greenhouse gas emissions that their host, Gov.


Calif. high court urged to review Prop 8

California's attorney general is urging the state's high court to take up lawsuits challenging a recently approved constitutional amendment that bans same-sex marriage in the state.


California Fires Devastate Close-Knit Community

Rescuers searched for anyone who might not have escaped the devastating fire at the Oakridge development in the Sylmar area of Los Angeles late Friday.


Bahrain sheik sues Michael Jackson for $7m in UK

Representatives for the king of Bahrain 's son say he is suing pop star Michael Jackson for $7 million.


Burned-out mobile home residents fear for future

Hundreds of nails that once held together single-story, pastel-colored mobile homes now litter the gutters lining the curving streets.


Tough fire standards pay off in Calif. subdivision

As wildfires continue to rage in Southern California, there are some bright spots: people whose homes are escaping destruction thanks at least in part to stringent fire standards.


Wildfires encircle Los Angeles

Nov 16 - Thousands are fleeing a series of wind-whipped wildfires in southern California.


Gay Marriage Supporters Rally Across United States

Thousands of gay marriage advocates held boisterous rallies on Saturday across the United States and abroad in a coordinated protest of California's vote this month to ban same-sex marriage.


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.
 
"Every other company said they could not help us. After speaking to about five companies, we really believed that no one could. Then we called Somerset, and your company proved us and those other companies wrong. We can't thank you enough for all your hard work and effort in getting us a low fixed rate. We can now breathe easier..." - L. Braun
© 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)