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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
Nanticoke New Buffalo New Paris Nineveh
Nanty Glo New Castle New Park Normalville
Narberth New Columbia New Philadelphia Norristown
Narvon New Cumberland New Providence North Apollo
Natrona Heights New Derry New Ringgold North Bend
Nazareth New Eagle New Salem North East
Needmore New Enterprise New Stanton North Springfield
Neelyton New Florence New Tripoli North Versailles
Neffs New Freedom New Wilmington North Wales
Nelson New Freeport Newburg North Washington
Nemacolin New Galilee Newell Northampton
Nescopeck New Geneva Newfoundland Northern Cambria
Nesquehoning New Germantown Newmanstown Northpoint
New Albany New Holland Newport Northumberland
New Alexandria New Hope Newry Norvelt
New Baltimore New Kensington Newton Hamilton Norwood
New Bedford New Kingstown Newtown Nottingham
New Berlin New London Newtown Square Noxen
New Berlinville New Milford Newville Nu Mine
New Bethlehem New Millport Nicholson Numidia
New Bloomfield New Oxford Nicktown Nuremberg
New Brighton

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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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