|
|
Reverse Mortgage
Divorce Buyouts
Debt Consolidation
Home Improvement
Purchase
Refinance
|
|
|
Ashfield, 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.
Return to divorce buyout in the state of PA
| Ashfield, Pennsylvania News |
In Your Town Lehighton area
PANTHER VALLEY MIDDLE SCHOOL, Route 209, Lansford, will offer a parents workshop on Internet safety 7-8 p.m. today. via The Morning Call
|
Carbon County to shift polling places
Voters in four Carbon County townships will cast ballots for a new president in November in new polling places. The county is restructuring precincts in East Penn, Lower Towamensing and Penn Forest townships and the south side of Towamensing township because the number of voters has grown. On Thursday, county commissioners accepted the offers of organizations and officials in each municipality to provide polling places. In East Penn, residents of both proposed precincts, Districts 7 and 8, will vote at the township Social Hall on Blue Mountain Road in Ashfield . Read more
|
In Your Town Lehighton area
WINTER WALK AT KETTLE CREEK will be held 1-3 p.m. today, Jan. 16 and 24 at Monroe County Environmental Education Center, Running Valley Road, Hamilton Township. via The Morning Call
|
|
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. |