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Reverse Mortgage
Divorce Buyouts
Debt Consolidation
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Oceanville, 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.
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| Oceanville, New Jersey News |
Art News By Bobbi Seidel
Pencil and colored-pencil drawings by portrait artist Marvin Pakula of Toms River are on exhibit from Dec.
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Expressway toll hike hearing gets easy pass on complaints
Lisa Cruz of Oceanville looks at a display of SJTA project breakdowns on display in the hearing room during public hearings Wednesday on proposed toll hikes for the Atlantic City Expressway in the Atlantic City ...
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Noyes Museum of Art presents 'Awakenings ~ Art & Healing'
"I believe in Michelangelo, Velasquez, and Rembrandt; in the might of design, the mystery of colour, the redemption of all things by Beauty everlasting; and the message of Art that has made these hands ...
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Explore contemporary fashion at the Noyes Museum of Art in Oceanville
Marina Dempster, Exuberant, Mixed media, charity shop shoes, bees wax/pine resin, antique lace and embroidery Threads, silk, acrylic and metallic threads, Feathers by Birdworld , 16 H. x 11 W. x 11 D. in.
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One More Reminder
See what artist Joanie San Chirico is up to and how her work affects her life and her life changes her work Subscribe to: Post Comments Joanie San Chirico I am a mixed media and textile artist who also works in ...
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In your county
An opening reception celebrating the 25th anniversary of the Noyes Museum on Lily Lake Road in Oceanville, Galloway Township, will be held from 5 to 8 p.m. May 16. via Press of Atlantic City
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In your town
The Egg Harbor Township Cheerleading and Dance Team will hold registration from 6:30 to 7:30 p.m. today and Wednesay at the Slaybaugh School Gym, Swift Drive. via Press of Atlantic City
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Bargain Hunter tells about free tote bags
FREE TOTE BAG: Target and Newsweek are teaming up to give out reusable tote bags. via LA Daily News
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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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"I prayed day and night for a miracle...In less than a week, (Somerset) was able to stop the foreclosure and get a new mortgage for me. It was the best of times...I have Somerset Mortgage Lenders to thank until eternity for the miracle they were able to make come true." - Diane B.
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