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IN Divorce Buyout in Indiana

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 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.

Local divorce buyout directory for IN :
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
Saint Anthony Scotland Silver Lake Staunton
Saint Bernice Scottsburg Smithville Stendal
Saint Croix Sedalia Solsberry Stilesville
Saint Joe Seelyville Somerset Stinesville
Saint John Sellersburg Somerville Stockwell
Saint Mary of the Woods Selma South Bend Straughn
Saint Meinrad Servia South Milford Stroh
Saint Paul Seymour South Whitley Sullivan
Salamonia Sharpsville Spencer Sulphur
Salem Shelburn Spencerville Sulphur Springs
San Pierre Shelby Spiceland Sumava Resorts
Sandborn Shelbyville Springport Summitville
Santa Claus Shepardsville Springville Sunman
Saratoga Sheridan Spurgeon Swayzee
Schererville Shipshewana Stanford Sweetser
Schneider Shirley Star City Switz City
Schnellville Shoals State Line Syracuse
Scipio

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