Somerset Investors Corp. 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

Hammond, 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

Bad Credit? click here.

Call for COMPLETE details NOW!

(800) 675-9783

Hammond, Wisconsin News
Local businessmen offer VICTRI for service vets

Across the street from the sprawling VA Medical Center in Minneapolis, a simple yellow ribbon was cut on Friday.


Incumbents hold on in western Wisconsin

Western Wisconsin incumbent lawmakers appeared to be faring much better than many candidates for federal office Tuesday.


State Assembly races shatter spending record

John Murtha, Baldwin, Republican, $42,458; Craig Mohn, Woodville, Libertarian, $0. - District 30: Sarah Bruch, Hudson, Democrat, $25,819; Rep.


Western Wisconsin voters to decide 3 Assembly seats, 1 state Senate seat

Western Wisconsin voters will go to the polls Tuesday with a ballot full of local, state and federal choices.


Kindergartner to receive gift of kidney from mother

Five-year-old Owen Heintz will have a big day soon. His day will have nothing to do with Halloween, school projects or new toys, but he did get a present of sorts from his mom, Polly Heintz.


Haunted house hobby shut down by zoning

Halloween hasn't been scary for Tim Kraus, just sad. Kraus didn't open what would have been his sixth annual Haunted House of Hammond on his property in a mostly rural area because the operation was shut down ...


Candidates for 29th Assembly District blur party lines

Political party: Democrat. Political experience: Hammond village board since 2006.


Restraining order issued against St. Croix County official's husband

A restraining order has been issued against Pat Walsh, husband of St. Croix County Register of Deeds Kay Walsh, for conduct toward Walsh's possible successor.


Habitat set to build in New Richmond

Habitat for Humanity is coming to New Richmond, and the City is helping out with the low-income housing program.


Long Distance Relationship

Posted on October 22nd, 2008 10:05 PM By Jason Hammond photos courtesy of Michael Huber Architects Just a short distance off Interstate I-94 in the Western Wisconsin town of Baldwin lives the product of a long ...


The great 2008 'Paper Debate' -- Featuring District 29 Assembly...

The great 2008 'Paper Debate' -- Featuring District 29 Assembly candidates John Murtha, Chris Buckel and Craig Mohn No comments posted.


Hammond house on blocks spared, for now

The house raised on blocks located at the corner of Fithian and Ridgeway streets in Hammond was a hot topic once again at Monday night's Village Board meeting.


Buckel admits using school computer for his Assembly campaign; violation of state law

A teacher who's running for the state Assembly's 29th District has apologized for using his tax-funded e-mail account in his campaign.


Candidate apologizes for improper e-mail usage

A high school teacher running for state office apologized late Tuesday night for using his work e-mail in his campaign.


Legislative candidates debate

Area voters are invited to meet and question candidates for three state legislative seats during a forum set for 7 p.m. Tuesday, Oct.


A Little Song, A Little Dance, A Little Seltzer Down Your Pants...

A Little Song, A Little Dance, A Little Seltzer Down Your Pants - Or: Death, Be Not Somber! / 'Sorry about your husband, ma'am. What would you like on your tombstone?' Pioneer Press Article Last Updated: ...


Updated: Fire destroys pole shed

A fire ignited just before 4 a.m. Wednesday in St. Croix County at 102 165th St.


Eau Claire woman airlifted following van rollover near Hammond

An Eau Claire woman had to be airlifted to Regions Hospital in St. Paul early Sunday after the van she was driving swerved to miss a deer along Interstate 94 near Hammond.


Head-on truck-car crash kills man, 86

An 86-year-old Eau Claire man was killed Tuesday morning after a head-on collision in the town of Seymour.


Circuit Court as of

David J. Asmussen, 53, of Silver Bay, Minn. Possession of THC. License suspended 6 months and fined $88. Jeffery E. Blake, 25, of Rice Lake.


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.
 
"I prayed day and night for a miracle...In less than a week, (Somerset) was able to stop the foreclosure and get a new mortgage for me. It was the best of times...I have Somerset Mortgage Lenders to thank until eternity for the miracle they were able to make come true." - Diane B.
© 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)