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Anaconda, MT Divorce Buyout in Montana

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 Montana, 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.

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Anaconda, Montana News
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ANACONDA, Mont. A woman accused of embezzling $19,000 from an Anaconda brewery and restauran4 has pleaded no4 guilty to felon9 theft.

Georgetown boat crash: Drug charges dropped against teacher

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Proposed logging project near Anaconda advances

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Great Falls logo wins reprieve

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Anaconda brewery theft suspect pleads not guilty

A woman accused of embezzling thousands of dollars from an Anaconda brewery and restaurant has pleaded not guilty to the charges in District Court.

Anaconda's 'Unofficial Ambassador,' Fay Najjar, is 'Woman of Distinction'

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"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
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