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PA Divorce Buyout in Pennsylvania

Since 1979 Somerset Mortgage Lenders 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
Baden Belsano Blossburg Brisbin
Bainbridge Bendersville Blue Ball Bristol
Bairdford Benezett Blue Bell Broad Top
Bakerstown Bensalem Blue Ridge Summit Brockport
Bala Cynwyd Bentleyville Boalsburg Brockton
Bally Benton Bobtown Brockway
Bangor Berlin Boiling Springs Brodheadsville
Barnesville Bernville Bolivar Brogue
Bart Berrysburg Boswell Brookhaven
Barto Berwick Bovard Brooklyn
Bartonsville Berwyn Bowers Brookville
Bath Bessemer Bowmansdale Broomall
Bausman Bethel Bowmanstown Brownfield
Beach Haven Bethel Park Bowmansville Brownstown
Beach Lake Bethlehem Boyers Brownsville
Beallsville Beyer Boyertown Bruin
Bear Creek Big Cove Tannery Boynton Brush Valley
Bear Lake Big Run Brackenridge Bryn Athyn
Beaver Bigler Brackney Bryn Mawr
Beaver Falls Biglerville Braddock Buck Hill Falls
Beaver Meadows Birchrunville Bradenville Buckingham
Beaver Springs Bird in Hand Bradford Buena Vista
Beaverdale Birdsboro Bradfordwoods Buffalo Mills
Beavertown Black Lick Branchdale Bulger
Beccaria Blain Branchton Bunola
Bechtelsville Blairs Mills Brandamore Burgettstown
Bedford Blairsville Brandy Camp Burlington
Bedminster Blakeslee Brave Burnham
Beech Creek Blanchard Breezewood Burnside
Belle Vernon Blandburg Breinigsville Burnt Cabins
Bellefonte Blandon Bridgeport Bushkill
Belleville Blooming Glen Bridgeville Butler
Bellwood Bloomsburg Brier Hill Byrnedale

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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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