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Reverse Mortgage
Divorce Buyouts
Debt Consolidation
Home Improvement
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Dalton, 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
| Dalton, Wisconsin News |
New Faces, New Places
A quent appointed Melissa Eriksen as account director in the Wisconsin office, serving primarily the metro Milwaukee and Madison markets.
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Dog controversy simmers
The phone number for Puppy Haven Kennel in Markesan is no longer in service. Animal lovers and some rescue groups considered it a victory when the Wisconsin Humane Society purchased Puppy Haven in Green Lake ...
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Officials confirm tornado in Green Lake County Thursday
The storm that hit Green Lake County Thursday has been confirmed to have included a tornado.
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Possible tornado hits Green Lake County
A possible tornado on Thursday blew off the roof of a local business in the village of Dalton.
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Wyocena Community Rallies Around Local Family, Business
A surprise April storm destroyed Cathy Morris' Wyocena property, but it didn't destroy her dream.
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Drivers Urged to Stay Off Roads
Green Lake County Emergency Management issued an urgent warning Thursday night asking everyone to stay off roads in the county.
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Flooding Causes Dramatic Damage in Green Lake
The rain was already a huge problem but it continued to fall on Green Lake Thursday night.
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Wayne Douglas Krueger
Wayne Douglas Krueger, age 80, of Lake Worth, Florida, passed away at his home on May 21, 2008 after a battle with pancreatic cancer.
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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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"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
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