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

Millersburg, IN Divorce Buyout in Indiana

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 Indiana, 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 IN

Bad Credit? click here.

Call for COMPLETE details NOW!

(800) 675-9783

Millersburg, Indiana News
Carriage Hosts Annual On-Site Sales Academy

Luxury towable builder Carriage Inc. recently hosted two sessions of its 4th Annual On-Site Sales Academy at the company's 56-acre campus in Millersburg, Ind.


Angel Food Ministries distribution points are located at Northside Baptist Church, 53198 C.R. 9 N., and California Road Missionary Church, 29765 C.R. 12 W. Includes fresh and frozen items, $30 per box/unit. No ...

Campaign for Change events set

Three Indiana Campaign for Change events are slated for the next week and a half.

Winter road care costs expected to be - salty'

Members of the the Millersburg Town Council learned Wednesday evening that the costs to keep their streets ice-free will likely quadruple for the upcoming snowfall season.

Millersburg residents sprucing up lots

Many Millersburg residents are improving their residential lots, adding new sidewalks and clearing away brush and problematic tree limbs, Maintenance Superintendent Matt King told Town Council members ...

Stormy weather causes widespread cleanup

Millersburg Maintenance Superintendent Matt King told council members Wednesday night that the past few days have kept him and Jack Lantz busy clearing residential yard debris.

Library to launch summer concert series

The Ligonier Public Library in celebrating its 100th anniversary is having fireworks at dark tonight and will also be offering free concerts at 7 p.m. each Friday this summer Each week will feature a different ...

Council: Everyone must pay to play

For now, those who play will have to pay at Cook Station Park in Millersburg. Members of the Millersburg Town Council decided Wednesday evening to adhere to the rules and regulations governing ball diamond ...

Fairfield retirees honored by board

BENTON, Ind. - Dedication, integrity and talent were among the traits attributed to Fairfield Community Schools' retirees Mark Jordan and John Christner Thursday evening during the school board meeting.

Rental renovation unwelcome

"It's a dump, it's unsafe and a hazard and it needs to go"

A mobile home that sustained heavy damage in a fire should not be rebuilt. That's the message Millersburg Town Council members received Wednesday night when they were presented with a petition signed by 39 ... via Goshen News, Goshen, IN

Before stores, Grape was auction road

"To me, the sale barn was my life, but I didn't realize people would still remember. This brings back great memories."

Phil "Butch" Hoffman remembers the Tuesday auctions when he would unload the trucks and lead the cows and hogs into the pens. via South Bend Tribune

May 5 deadline to register for town-wide garage sales

Millersburg will host a town-wide garage sale May 17, beginning at 7 a.m. A registration fee of $15 will place the resident's sale on a flier and map of all garage sale locations, which will be made available ... via Goshen News, Goshen, IN

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.
"Our family would like to thank Somerset Mortgage Lenders for getting us out of foreclosure. Without your help we do not know what would have become of our family. When we first called, we were in Chapter 13 bankruptcy...Not only will we now be able to keep our home, but we'll be able to put ourselves on track financially, thanks to all the efforts of the wonderful people at Somerset. We will be forever grateful to you all." - Scott & Amy
© 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)