|
|
Reverse Mortgage
Divorce Buyouts
Debt Consolidation
Home Improvement
Purchase
Refinance
|
|
|
Avon, 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.
Return to divorce buyout in the state of MT
| Avon, Montana News |
Colorado town wants to use wastewater heat to melt snow from streets
Avon officials said their plan to use heat generated by wastewater treatment plant operated by the Eagle River Water and Sanitation District to melt snow off the Colorado town's streets and sidewalks will allow ...
|
New $7.4 million bridge project under way on Highway 12
The bad news is, Griz fans heading to Missoula and politicians arriving in Helena will encounter slowing traffic on a bridge to somewhere over the Little Blackfoot River on U.S. Highway 12.
|
New bridge planned between Missoula and Helena
The Montana Department of Transportation hopes work will be completed by the end of next fall on a new bridge on U.S. Highway 12 between Missoula and Helena.
|
What's happenin'?
The community of Avon will host its 42nd turkey dinner at the Avon community hall from noon to 4 p.m. Sunday, Oct.
|
Sentence revision in negligent homicide case
Acting on a Montana Supreme Court directive, District Judge Ray Dayton recently revoked two five-year suspended sentences for Chad Deardorff.
|
Thumbnail
Hall of famers. Draft Teamster Hall of Fame inductees, from left, Jake Franks of Park City, Carroll Manuel of Winnett and Earl Stucky of Avon greet each other after the induction ceremony Sunday in Deer Lodge.
|
Helena-area ghost towns
Unionville, just southwest of Helena: Helena's Last Chance Gulch was panned clean of gold quickly after the metal's discovery in 1864, but hard rock mining in Unionville kept Helena afloat from 1870-85. To get ...
|
Helena-area ghost towns
Unionville, just southwest of Helena: Helena's Last Chance Gulch was panned clean of gold quickly after the metal's discovery in 1864, but hard rock mining in Unionville kept Helena afloat from 1870-85. To get ...
|
Meagher County rancher kills wolf
Meagher County rancher kills wolf By EVE BYRON - Independent Record - 06/07/08 A rancher northwest of White Sulphur Springs shot and killed a wolf early Wednesday after it threatened his cattle.
|
|
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. |