Somerset Mortgage Lenders 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

Ailey, GA Divorce Buyout in Georgia

Since 1979 Somerset Mortgage Lenders Co. has been considered a leader in the residential mortgage lending business and is currently licensed in 26 states, including Georgia, 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 divorce buyout in the state of GA

Bad Credit? click here.

Call for COMPLETE details NOW!

(800) 675-9783

Ailey, Georgia News
National Black Arts Festival: Day 1

Judith Jamison, former principal dancer and now artistic director of the seminal Alvin Ailey American Dance Theater, has had works created especially for her.


What's On: Night & Day Weekend

Augustana tours in support of their debut album All the Stars and Boulevards . They have an all ages show Fri. via The Toronto Star


Ailey II Celebrates Modern Dance With Special Events

The critically acclaimed Ailey II modern dance company from New York will be taking part in a series of special events during their visit to Chattanooga this week to perform at the Tivoli Theatre. via Chattanoogan.com


Alvin Ailey dance company celebrates 50 vibrant years at the Paramount.

Performed before a vast crowd at the Paramount by Alvin Ailey American Dance Theater, the company's trademark dance felt both familiar and thrillingly fresh. via The Seattle Times


Tech credits can shift to Brewton-Parker

"What we do is all about students"

Students from area vocational-technical schools will be able to transfer core courses and several other classes as electives to Brewton-Parker College if they want to get a bachelor's degree in technical ... via Times-Herald


Ailey troupe's artistic leader to retire

Judith Jamison, artistic director, for New York's Alvin Ailey American Dance Theater is shown in this April 22, 2002, file photo in Washington. via Athens Banner-Herald


Camille A. Browns training

You wouldn't know it from her 5-foot-2 frame or her pixie voice, but 28-year-old Camille A. Brown is a force of nature. via Creative Loafing


College may cut deal with tech schools

"Life happened. They got married. They had children. Now they want to get that degree"

An articulation agreement has been proposed between Brewton-Parker College and several area technical schools that would make it easier for technical graduates to get a four-year college degree. via Times-Herald


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 was sure that Somerset was the right choice...they couldn't have been more compassionate or understanding...I just couldn't believe that this all happened within a week...Thanks to my loan officer and all the rest of those great people at Somerset, my family will be able to stay in the only home they have known for some time, without fear of being put out." - Tom N.
© 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)