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

Hayward, 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

Hayward, Wisconsin News
50th anniversary of event, really?

This yeara s Christmas City of the North Parade has been billed as the 50th anniversary of the event, but is it really? Dave Jensch, station manager of KBJR-TV, steadfastly maintains that Duluth hosted its ...


David M. Weiby

David M. Weiby, husband, father, friend and grandfather, died on Nov. 16. At his death, he was 67 years old.


An incredible cultural celebration

American Indian Heritage Month is a time to celebrate and honor native people. UW-Eau Claire's Native American Student Association has planned and coordinated this year's events.


Bergin's book tracks Wisconsin's culinary surprises

Published Nov. 4, 2008 at 11:24 a.m. Tags: hungry for wisconsin , mary bergin , sidetracked in wisconsin , roads traveled Jamaican jerk chicken in Hager City? Turkish food in Hayward? A Czech bakery in Bloomer? ...


'Jobs, jobs, jobs' is top issue for challenger LaBarre

This is the second of two profiles on the candidates seeking the office of representative for the Wisconsin 74th Assembly District.


Hall of fame catch for Neenah fisherman

Neenah's Jim Firkus has set a National Fishing Hall of Fame world fresh water sport fishing record by catching a 45-inch channel catfish.


Street Scenes

An 18-year-old Menomonie man reported passing an SUV-type vehicle while it was pulled off to the side of the road on Wednesday in the 1700 block of 9th Street.


Meeting to cover woodland, timber tax issues

Woodland and timber tax issues will be addressed in a meeting Saturday, Oct. 18, at the Hayward Veteran's Community Center, 10534 Main Street, hosted by the Northwest Chapter of Wisconsin Woodland Owners ...


Hayward To Hold Community Meeting On Switch To DTV

Northlanders are not as ready for the new digital TV as the government had hoped they'd be by now.


State trail grants are a boon to area, officials say

State legislators met with local officials Friday, Oct. 10 in Winter and Hayward to present facsimile checks and speak about how nearly $1 million in state transportation enhancement grants will help enhance ...


Three that break the mold

McCormick House, 10634 Kansas Av., Hayward, Wis., 1-715-934-3339, www.mccormickhouseinn.com . Co-owners Dean Cooper and Jeff Miller wanted to break the mold with their 1887 lumber baron mansion.


Three doily-free B&Bs

"The couples who stay here are ones who don't like doilies and teddy bears," said John O'Reilly, innkeeper at Woodland Trails in Hinckley, Minn.


U.S. not coping with climate change: Dombeck

Mike Dombeck, the Hayward native who served as head of the U.S. Forest Service under President Bill Clinton, says the United States has basically wasted the past eight years under the Bush administration in the ...


Pine cone harvest helps replenish state woods

For squirrels, this is Fort Knox. Pine Cone harvest Photo/ Mark Hoffman Sharon Thayer of Springbrook reaches to pick pine cones near Spooner in rural Washburn County.


Leaves turning in time for annual Ice Age hike

The Ice Age Park and Trail Foundation will sponsor a hike on the Chippewa Moraine segment of the Ice Age Trail between 9 a.m. and 1 p.m. Saturday.


2 charged in string of Madison area burglaries

A man charged with a companion in a string of Madison area burglaries told police he got the idea from a cable TV show.


Body Found In Western Wisconsin

Required fields are marked with an asterisk The information you provide will be used only to send the requested e-mail and will not be used to send any other e-mail communications.


Officers Investigating Death Of Man Whose Body Was Found

Officers are investigating the death of a man whose body was found Wednesday afternoon.


Body found on Sawyer County trail

A man's body was found Wednesday afternoon along a trail on the Lac Courte Oreilles Reservation in Sawyer County, according to William Morrow, chief of the Lac Courte Oreilles Police Department.


Outdoors Beat: Foundation records mating call of bulls

A waning gibbous moon shines through the spruce canopy, bright enough to cast shadows across the purple, pre-dawn landscape of the Chequamegon National Forest.


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)