Somerset Mortgage Lenders Mortgage Refinance, Reverse Mortage, Home Loan
  Reverse Mortgage Divorce Buyouts Debt Consolidation Home Improvement Purchase Refinance
Search Somerset:
Print this page    E-mail this page

Athens, WI Divorce Buyout in Wisconsin

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 Wisconsin, 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 WI

Bad Credit? click here.

Call for COMPLETE details NOW!

(800) 675-9783

Athens, Wisconsin News
Celebrate Marathon County Reads 2008

Marathon County Reads 2008 by Rachel Cornelius, Library Assistant at Marathon County Public Library Marathon County Reads 2008 is quickly approaching and we have an exciting line up of events for the whole ...


Campus news

Students named to the Chancellor's List for spring 2008 at the University of Wisconsin-Platteville include: Athens -- Lynn Schreiner; Irma -- Aaron Whalen; Medford -- Brian Niggemann; Merrill -- Katherine ...


Car on fire in cornfield

Emergency personnel are responding to a report of a car that is on fire in a cornfield.


Crash victim in good condition

A man received medical attention Thursday morning following a single-vehicle crash on Town Hall Road about half a mile north of Highway 29 in the village of Athens.


Our View: Take time to revel in every breath

Our View: Take time to revel in every breath July 26, 2008 What a sad and tragic week in central Wisconsin.


Our View: Take time to revel in every breath

Our View: Take time to revel in every breath July 26, 2008 What a sad and tragic week in central Wisconsin.


Our View: Take time to revel in every breath

Our View: Take time to revel in every breath July 26, 2008 What a sad and tragic week in central Wisconsin.


Our View: Take time to revel in every breath

Our View: Take time to revel in every breath July 26, 2008 What a sad and tragic week in central Wisconsin.


Our View: Take time to revel in every breath

Our View: Take time to revel in every breath July 26, 2008 What a sad and tragic week in central Wisconsin.


Our View: Take time to revel in every breath

Our View: Take time to revel in every breath July 26, 2008 What a sad and tragic week in central Wisconsin.


Our View: Take time to revel in every breath

Our View: Take time to revel in every breath July 26, 2008 What a sad and tragic week in central Wisconsin.


Communication, healing necessary after freak accidents

TOWN OF BERLIN -- Two people have died this past week in freak accidents, but a psychologist says communication and willingness to heal can help their families recover.


'Personal journey through grief'

Two people have died this past week in freak accidents, but a psychologist says communication and willingness to heal can help their families recover.


Marriage licenses

HAWRO, Andrew, and HAGENBUCHER, Mary, both of Kronenwetter, July 4, 2008. ENGMAN, Troy, and KRUG, Kathleen, both town of Maine, June 28, 2008.


Town Chatter: Kohl's honors 2 young Athens volunteers

Two Athens youth were among the 72 young people from Wisconsin honored for their volunteerism through the Kohl's Kids Who Care Scholarship Program.


Edward L. Daniels

Edward L. Daniels, 83, Athens, died Sunday, July 6, 2008, at Saint Joseph's Hospital, Marshfield.


Library Buzz: Children's entertainers infiltrate library

Three unique performers soon will visit the Marathon County Public Library. First up is Mary Tooley with Art in a Suitcase 'Going Buggy.' Mary's program is all about the arthropod family: insects, spiders, ...


Edward L. Daniels

Edward L. Daniels, 83, Athens, died Sunday, July 6, 2008, at Saint Joseph's Hospital, Marshfield.


Study: Local environment poor

Residents in Wisconsin's rural counties typically live in an environment more conducive to good health than residents of urban areas, according to a new study.


Ginseng producers re-elect Hopperdietzel and Untiedt to marketing board

The state's ginseng producers recently re-elected Alan Hopperdietzel of Athens and Courtney Untiedt of Edgar to the Ginseng Board of Wisconsin, according to the Wisconsin Department of Agriculture, Trade and ...


Save time with our easy online mortgage application.
With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
 
"Our family would like to thank Somerset Mortgage Lenders for getting us out of foreclosure. Without your help we do not know what would have become of our family. When we first called, we were in Chapter 13 bankruptcy...Not only will we now be able to keep our home, but we'll be able to put ourselves on track financially, thanks to all the efforts of the wonderful people at Somerset. We will be forever grateful to you all." - Scott & Amy
© 2006 Somerset Investors Corp. All rights reserved.
home | about us | Mortgage Blog | contact us | privacy policy | state licensing | search | links | link to us | site map
mortgage calculators | refinance | purchase | fha | reverse mortgage | divorce buyout | debt consolidation
Eqaul Housing Lender Member of the Better Business Bureau (BBB) Member of the National Reverse Mortgage Lenders Association (NRMLA)