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

Kingston, MA Divorce Buyout in Massachusetts

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 Massachusetts, 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 MA

Bad Credit? click here.

Call for COMPLETE details NOW!

(800) 675-9783

Kingston, Massachusetts News
Annual Silver Bells Fair Nov. 22nd

The Annual Silver Bells Fair will be held this Saturday, November 22nd from 10:00am to 2:00pm at the First Congregational Church, in the Beal House, 222 Main Street, Kingston.


Mission Haiti Sale at the St. Joseph Parish Hall this Weekend

On Sat,.Nov. 15 from 2-7p.m. and on Sunday, Nov. 16 from 9 a.m.-1 p.m. St. Joseph Church is sponsoring the sale of brand new, brand name cosmetics, stationery, health and beauty aids, $30,000 worth, to benefit ...


Kingston Turkey Trot - November 22, 2008

Check-in is at 7:30 am Run/Walk is at 9:00am-12 noon Proceeds from this event will benefit the Kingston Recreation Center, The Kingston Public Library and Ovarian Cancer.


Fake Grenades Spark Real Concern

In case youa re wondering why a section of Main Street was blocked off on Monday morning November 3, here is the skinny.


Gesinger Plans to Build a 40B to Help Fund His 40R

Remember how 40R was sposed to protect the town from unwanted 40Bs? Who would have guessed that the 40R developer would himself become a 40B proponent? Almost two years ago Annual Town Meeting endorsed Lloyd ...


Green Committee is Ineffective When Seeing - Red'

If anger and attitude were a renewable energy resource, then the Green Committee could single-handedly power Kingston into the next century.


Ringside Observer - November 2008

LOTSAa WORK going on at the old Town Hall structure, which as you probably know, is under private ownership.


Bump in MBTA parking fees squeeze commuters

Abington's MBTA commuter rail station lot is often filled to capacity, and snow can reduce the number of usable spots in winter.


Fresh Idea

Photos courtesy of Fresh Idea Organic Land Care Management. The owners of this home in Kingston, Mass., hired Fresh Idea Organic Land Care Management to transition their lawn to organic care.


On October 22nd at Indian Pond Country Club in Kingston

DATELINE: COHASSET, PLYMOUTH AND KINGSTON, MASS- Admission is FREE. The 'Look Your Best' cosmetic seminar will feature Fraxel Laser technologies; Botox; fillers; laser treatments; chemical peels; medical ...


Incumbents make strong showing in Plymouth County

It was a good night for incumbents in Plymouth County, where Democratic County Treasurer Thomas J. O'Brien of Kingston handily topped Timothy J. McMullen of Pembroke, a current county commissioner who had ...


Plymouth County Democratic primary features two races

When Plymouth County Democrats go the polls in Tuesday's state primary, they'll be choosing candidates for county treasurer and commissioner.


West Nile virus confirmed in mosquitoes from Kingston

The Massachusetts Department of Public Health announced that a West Nile virus mosquito sample collected from Kingston on Sept.


Former oil exec launches Balboni Energy

Steve Balboni, the founder and former owner of Balboni's Oil in Kingston and a former executive at environmental firm Clean Harbors Environmental Services Inc., has launched a new venture to help commercial and ...


Elders Pack House over Proposed Rent Hikes

Well over 100 senior citizens, primarily from Town & Country Estates Mobile Home Park, jammed into the main Town Hall meeting room.


Geisinger Plans 40-B Rental Project off Raboth Road

Two years ago, when Lloyd Geisinger was promoting his 40-R housing development, he sent out numerous hype mailers telling us how his 40-R would end the surge of 40-B development.


Senior Center Continues on Path to Reality

The long anticipated Kingston Senior Center is finally looking like it will become a reality sooner rather than later.


Maple Street Condo Project a Victim of the Economy

It will be six years next month when developer Peter Conant began the process of creating an 87 unit over 55 complex on Maple Street at the old C. Drew Building.


Ringside Observer - September 2008

GOT WEED: Some things that happen are just mind boggling. Take for instance the recent work being done down in Rocky Nook with repair and maintenance being performed with the catch basins.


Sewer Commissioners warn: Wind Turbine Placement Dangerous and Illegal

If you ask the Sewer Commission how they feel about wind turbines, they would probably say, "great", but ask them how they relish the idea of placing such a structure hovering over the sewer plant and you will ...


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)