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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 :
Mackeyville Mattawana Midway Mont Alto
Macungie Maxatawny Mifflin Mont Clare
Madera Mayport Mifflinburg Montandon
Madison Maytown Mifflintown Montgomery
Madisonburg Mc Alisterville Mifflinville Montgomeryville
Mahaffey Mc Clellandtown Milan Montoursville
Mahanoy City Mc Clure Milanville Montrose
Mahanoy Plane Mc Connellsburg Mildred Moosic
Mainesburg Mc Connellstown Milesburg Morann
Mainland Mc Donald Milford Morgan
Malvern Mc Elhattan Milford Square Morgantown
Mammoth Mc Ewensville Mill Creek Morris
Manchester Mc Grann Mill Hall Morris Run
Manheim Mc Intyre Mill Run Morrisdale
Manns Choice Mc Kean Mill Village Morrisville
Manor Mc Kees Rocks Millersburg Morton
Manorville Mc Knightstown Millerstown Moscow
Mansfield Mc Sherrystown Millersville Moshannon
Mapleton Depot Mc Veytown Millerton Mount Aetna
Mar Lin McAdoo Millheim Mount Bethel
Marble McKeesport Millmont Mount Braddock
Marchand Meadow Lands Millrift Mount Carmel
Marcus Hook Meadville Mills Mount Gretna
Marianna Mechanicsburg Millsboro Mount Holly Springs
Marienville Mechanicsville Millville Mount Jewett
Marietta Media Milnesville Mount Joy
Marion Mehoopany Milroy Mount Morris
Marion Center Melcroft Milton Mount Pleasant
Marion Heights Mendenhall Mineral Point Mount Pleasant Mills
Markleton Mentcle Mineral Springs Mount Pocono
Markleysburg Mercer Minersville Mount Union
Mars Mercersburg Mingoville Mount Wolf
Marshalls Creek Merion Station Minisink Hills Mountain Top
Marsteller Merrittstown Modena Mountainhome
Martin Mertztown Mohnton Mountville
Martindale Meshoppen Mohrsville Muir
Martins Creek Mexico Monaca Muncy
Martinsburg Meyersdale Monessen Muncy Valley
Mary D Middleburg Monocacy Station Munson
Marysville Middlebury Center Monongahela Murrysville
Masontown Middleport Monroeton Muse
Matamoras Middletown Monroeville Myerstown
Mather Midland

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