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

Waterloo, 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

Waterloo, Wisconsin News
Waterloo residents confused about winter sidewalk maintenance

Emotions ran high during the Waterloo Common Council meeting on Thursday as property owners expressed confusion and concern over winter sidewalk maintenance responsibilities on North Monroe Street.


Belt-drive bikes go mass-market

For bicyclists whose pants cuffs have been shredded by the chain, a revolution may be at hand.


REESEVILLE: Food-for-fines exchange set

The Reeseville Public Library will have a food-for-fines exchange from Nov. 19 through 26.


New vehicle sales decline in region WSJ

New vehicle sales plunged in October from a year ago, according to a report by Reg-Trak, a Waterloo automotive research firm.


2008 Dairyman of the Year Award is a family affair

Farming with family members is a time-honored tradition - a tradition that has led one Wisconsin dairy farm family to a new honor: The Crave brothers of Waterloo have been named 2008 World Dairy Expo Dairymen ...


Dairymen of the year selected

Four Crave brothers Charles, George, Tom and Mark received the prestigious title at the recent World Dairy Expo, in Madison, Wis., the world's largest dairy industry event.


Four Arrested in Two-County Drug Bust

Police arrest four people for manufacturing marijuana. The Columbia County Sheriff's Office made three of those arrests, including Peter Fortlage, 41, and Sean Barry, 48, both of Madison, and James Laing, Jr., ...


Wisconsin Cows Take Top Honors at WDE's Jr. Jersey Show

A pair of Wisconsin four-year-old cows have topped the Central National Junior Jersey Show this week at World Dairy Expo in Madison.


Sun Prairie teacher named Middle School Teacher of the Year TCT

While hundreds of students stomped the gymnasium bleachers at Patrick Marsh Middle School in a quickly rehearsed drum roll, State Superintendent Elizabeth Burmaster announced that Sandra Kowalczyk was ...


Waterloo Wiener/Kraut walk and run is Sept. 13

Sponsored by the Waterloo Chamber of Commerce, the 28th Annual Wiener and Kraut Day Walk/Run will be held to benefit children with autism on Saturday, Sept.


Geiger shines for Chucks

The person toeing the rubber wearing No. 23 for the Wisconsin Woodchucks who made the start July 29 must have been an impostor.


Sheriff's department lists top five most wanted

The Dodge County Sheriff's Department has released the August "Dodge County's Top Five Most Wanted." The list includes: - Matthew J. Bauer, 22, last known address of W11959 Second St., Randolph.


Business briefs: Food organizations to get aid

Seven Wisconsin food organizations will receive grants totaling $225,000 through Buy Local, Buy Wisconsin, a new state-funded program for institutions that seek to increase the demand for and supply of locally ...


Off the Shelf: Frozen-treat cookbook, farmstead mascarpone, flower cookies

Frozen treats get hip In 'Pops! Icy Treats for Everyone' , Krystina Castella brings dozens of colorful, creative ideas to the freezer.


Carousel, damaged by floodwaters, not running

Bob Hanson, a member of the Friends of the Carousel group in Waterloo, stands in the middle of the horseless carousel in Firemen's Park on Thursday.


Chucks tied at 2-2 in Waterloo

The Wisconsin Woodchucks are tied at 2-2 with the Waterloo Bucks at the end of the fifth inning.


FLOOD of '08: Jefferson a trouble spot, list of closed roads

With the Rock River still more than five feet above flood stage Sunday, Jefferson remained a major trouble spot for flooding in Wisconsin.


Interstate is reopened

Traffic flow was restored to normal today at 9:58 a.m. after flooding had closed the westbound lanes of Interstate 94 near Johnson Creek.


Farm News & Notes

WATERLOO - Planners for the Family Living Tent at Wisconsin Farm Technology Days in 2009 are looking for exhibitors, presenters or volunteers for the three-day event.


Another deluge for area

William Kopp and Jarett Phillips wade through the flooded and closed intersection of Spaulding and Clay streets Sunday afternoon after heavy rains battered the area.


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.
 
"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
© 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)