|
|
Reverse Mortgage
Divorce Buyouts
Debt Consolidation
Home Improvement
Purchase
Refinance
|
|
|
Dayville, OR Divorce Buyout in Oregon
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 Oregon, 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 OR
| Dayville, Oregon News |
Oregon's Lost Roads
This story is about a part of Oregon of which few natives have ever seen or heard.
|
Hunters can't freeze heads next year
Successful bear and cougar hunters will have to bring their animals' heads to state wildlife biologists unfrozen for their mandatory check-ins beginning next year under new rules adopted Friday.
|
Getting a handle on area fires
Fire fighters are doing "really well" in the Central Oregon District with most of the recent lightning-sparked fires now contained at an acre or less.
|
Lightning causes several Oregon wildfires
Lightning strikes in Oregon have caused several small wildfires. Most of the fires in central and western Oregon burned in forest and rangeland, and didn't threaten any structures.
|
Cop falls 50 feet from cliff
A state fish and game officer fell 50 feet off a cliff Tuesday while taking part in a big horn sheep census in Eastern Oregon.
|
|
With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
| |
"Every other company said they could not help us. After speaking to about five companies, we really believed that no one could. Then we called Somerset, and your company proved us and those other companies wrong. We can't thank you enough for all your hard work and effort in getting us a low fixed rate. We can now breathe easier..." - L. Braun
|
|
|
|
|
|
© 2006 Somerset Investors Corp. All rights reserved. |