Bloomington, WI Divorce Buyout in Wisconsin
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 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
| Bloomington, Wisconsin News |
Eau Claire / Hornet sting to arm kills man, 51
The responding deputy performed cardiopulmonary resuscitation, but Tom Ertz was pronounced dead at Sacred Heart Hospital, Sgt.
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Fun trumps beauty at 141st Bloomington fair
Blake's Prairie Junior Fair admission Season-pass buttons sold before 9 p.m. Friday, July 25 -- $8 Buttons sold on Saturday, July 26, before 9 p.m. -- $10 Daily admission -- $7 BLOOMINGTON, Wis.
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Fun trumps beauty at 141st Bloomington fair
Blake's Prairie Junior Fair admission Season-pass buttons sold before 9 p.m. Friday, July 25 -- $8 Buttons sold on Saturday, July 26, before 9 p.m. -- $10 Daily admission -- $7 BLOOMINGTON, Wis.
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3 people injured in 2-car accident
MOUNT HOPE, Wis. -- Three people were injured in a two-car accident around 4:30 p.m. Tuesday afternoon near Mount Hope.
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Bloomington
The summer story hour for ages 3 to 10 at the Bloomington Public Library will be held from 10 to 11 a.m. Wednesdays beginning June 25 and continuing through July 30.
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Areas north of Dubuque swamped
Heavy rain threatened homes and sent water over roadways as thunderstorms rolled through the tri-state area Thursday morning.
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Experts To Talk About Lead Fragments In Deer Shot By Hunters
Experts on wildlife, public health and food safety from five states meet in Minnesota Wednesday to talk about lead fragments in deer shot by hunters.
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Orlando ranks poorly for women's heart health
Orlando ranked near the bottom for being heart-friendly for women when compared to 38 other similarly sized cities, according to the American Heart Association .
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Flash floods damage roads, homes in Grant County, WI
GRANT COUNTY, WI More than a dozen roads are closed; homes and businesses are damaged after torrential rains in southwest Wisconsin. via KWWL-TV Waterloo
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Heavy Rains Bring Flooding in NE Iowa, SE Wisconsin
Emergency Management Coordinator Julie Loeffelholz says no was has been injured in the flooding, but 14 roads are closed because of water over the roadways, debris left behind by rushing water or damage to the ... via WKBT
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With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
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"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
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