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PA Divorce Buyout in Pennsylvania

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 Pennsylvania, 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.

Local divorce buyout directory for PA :
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Aaronsburg Aleppo Analomink Artemas
Abbottstown Alexandria Andreas Ashfield
Abington Aliquippa Anita Ashland
Ackermanville Allenport Annville Ashville
Acme Allensville Antes Fort Aspers
Acosta Allentown Apollo Aston
Adah Allenwood Aquashicola Atglen
Adamsburg Allison Arcadia Athens
Adamstown Allison Park Archbald Atlantic
Adamsville Allport Arcola Atlasburg
Addison Altoona Ardara Auburn
Adrian Alum Bank Ardmore Audubon
Airville Alverda Arendtsville Aultman
Akron Alverton Aristes Austin
Alba Amberson Armagh Avella
Albion Ambler Armbrust Avis
Albrightsville Ambridge Arnot Avondale
Alburtis Amity Arona Avonmore

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"...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.
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