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

Arlington, IN Divorce Buyout in Indiana

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 Indiana, 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 IN

Call for COMPLETE details NOW!

(800) 675-9783

Arlington, Indiana News
Learning a craft is new, fun activity

Rita Dolan volunteered to help with a handicraft project at the Senior Center and found the activity to be fun.


Zoning ordinance gains approval

The Rush County Area Plan Commission recently continued a public hearing on their decision regarding a recommendation on rezoning a mobile home district to residential in the community of Milroy.


Christmas on Main 2008 is coming

The Heart of Rushville proudly presents "Christmas on Main 2008" and event organizers are in the process of making this Christmas in downtown Rushville the best it's ever been! The event will be held Nov.


Andis 50th Anniversary

Jim and Rita Andis Sr. of Economy will be celebrating their 50th Wedding Anniversary on November 1, 2008, with an OPEN HOUSE from 2-5 p.m. at Nettle Creek Arts & Sports Center, 401 East Main Street, Hagerstown, ...


Couple Leaves Millions To Butler University

A Rush County couple has left nearly $3-million dollars to Butler University. The estate gift will first fund a previously endowed scholarship.


Butler endowment fund gets $3M

A Butler University endowment fund has received a $3 million gift from a 1946 alumnus of the school.


School board tables bid decision

Republican photo by Kevin L. Green School board members Tim Shuppert and Anita Jackson are pictured with superintendent of schools Dr.


School budget hearings postponed

Public hearings on assorted budgets proposed by the Rush County Schools Board of Trustees were not held Tuesday evening as originally scheduled.


School project takes another step forward

The construction of two new elementary schools in Rush County is one step closer to becoming a reality following action by the Rush County Schools Board of Trustees Tuesday evening.


Boredom isn't allowed in her vocabulary

Priscilla Winkler uses volunteering as a way of recompense for all she has received.


Rants, raves and random thoughts 080408

Greetings, one and all, and welcome! There's been no shortage of contributed comments so let's check the mail and see what's up with The Roiling Hundreds! uuu n Raves to all the people who helped us with our ...


Gordon birth

Kassidy Sharp of Arlington and David Gordon of Ronkonkoma, N.Y. are pleased to announce the birth of their daughter, Brooklynn Marie Gordon.


campus news

Adrienne Francine Sumpter of Arlington is among 742 DePauw University students who have been recognized for outstanding academic performance and named to the Dean's List for the 2008 spring semester.


campus news

Adrienne Francine Sumpter of Arlington is among 742 DePauw University students who have been recognized for outstanding academic performance and named to the Dean's List for the 2008 spring semester.


Mills headed to Girls Nation

Virginia Mills may not be old enough to vote in the November presidential election, but next week, she will present a bill to the senate and argue for its ratification.


Boys & Girls Clubs members visit Tomb of the Unknown Soldier

As area residents remember the patriotic heroes who have defended America's freedoms this Fourth of July weekend, members of the Boys & Girls Clubs of Wayne County's Torch Club have a special memory to ...


School board OKs spending $3.2M

The Rush County Schools Board of Trustees met Tuesday and welcomed a new member, reorganized, and approved a $3.2 appropriation among the assorted business addressed.


Arlington/Roe recognized for community service

Arlington/Roe & Co., an Indianapolis-based managing general agent and wholesale insurance broker, received the national Community Service Award from the American Association of Managing General Agents at the ...


campus news 061708

Commencement exercises for the Franklin College class of 2008 took place May 17.


One dead, one injured in 3-car crash

One person was killed and another injured after a three-car crash on the southeast side Thursday morning.


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)