Jobstown, NJ Divorce Buyout in New Jersey
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 New Jersey, 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 NJ
| Jobstown, New Jersey News |
SPRINGFIELD: Fair site plans proceed
Burlington County Freeholders have awarded a $6.2 million contract for the first phase of improvements to the 640-acre future site of the County Fairgrounds.
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The Oldest Schoolhouse: The Brainerd School, a one-room schoolhouse...
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State agencies battle over animal welfare
View of horses at DMS Farm in the Jobstown section of Springfield Township on Monday, 8/18/2008. Patrick Nelson sees nothing wrong with the two dozen or so horses he breeds at a small farm in Burlington County.
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St. Andrew's Church welcomes parishioners
Manuel Parada of Columbus Located in a picturesque setting along Route 537 near the intersection with Saylor's Pond Road in bucolic Jobstown, St.
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Farm owners face cruelty charges
Two North Jersey men are facing charges of animal cruelty in Jobstown after allegedly maintaining poor conditions for horses on their farm on Arney's Mount Road.
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2 to appear in Springfield court on charges of neglecting horses
Two North Jersey men will be in township court tomorrow morning facing charges relating to the neglect of horses on a farm in the Jobstown section of the township.
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Brother-sister pair end long journey
The journey is over, but the cause goes on. After 55 days, close to 3,875 miles, and what could amount to a library's worth of travel stories, Kara and Dan Pigott were welcomed home Monday by 30 friends and ...
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Sod farm begins transition to fairgrounds
The township will see a "fair share" of 4-H ribbons once the county fairgrounds set up shop on a 640-acre sod farm in 2010.
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Pair charged with fraud in identity theft scheme
A couple was charged with theft, forgery and fraudulent use of credit cards in connection with an identity theft scam, police said Friday.
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Pair charged with fraud in identity theft scheme
A couple was charged with theft, forgery and fraudulent use of credit cards in connection with an identity theft scam, police said Friday.
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Pair charged with fraud in identity theft scheme
A couple was charged with theft, forgery and fraudulent use of credit cards in connection with an identity theft scam, police said Friday.
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Pair charged with fraud in identity theft scheme
A couple was charged with theft, forgery and fraudulent use of credit cards in connection with an identity theft scam, police said Friday.
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Pair charged with fraud in identity theft scheme
A couple was charged with theft, forgery and fraudulent use of credit cards in connection with an identity theft scam, police said Friday.
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Pair charged with fraud in identity theft scheme
A couple was charged with theft, forgery and fraudulent use of credit cards in connection with an identity theft scam, police said Friday.
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Pair charged with fraud in identity theft scheme
A couple was charged with theft, forgery and fraudulent use of credit cards in connection with an identity theft scam, police said Friday.
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Pair charged with fraud in identity theft scheme
A couple was charged with theft, forgery and fraudulent use of credit cards in connection with an identity theft scam, police said Friday.
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Pair charged with fraud in identity theft scheme
A couple was charged with theft, forgery and fraudulent use of credit cards in connection with an identity theft scam, police said Friday.
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Pair charged with fraud in identity theft scheme
A couple was charged with theft, forgery and fraudulent use of credit cards in connection with an identity theft scam, police said Friday.
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Freeholders to accept bids on new fairgrounds
With the design phase completed, Burlington County will soon advertise for bids to construct the new Burlington County Fairgrounds in Springfield, the county freeholders announced yesterday.
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With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
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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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