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

MT Divorce Buyout in Montana

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 Montana, 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.

Local divorce buyout directory for MT :
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Zortman Zurich

Return to our divorce buyout page

Call for COMPLETE details NOW!

(800) 675-9783

Montana News
In-patient mental care planned in Helena

St. Peter's Hospital in Helena says it has an agreement with a Texas company to open a mental-health wing in May.


Tester undecided on auto bailout

U.S. Sen. Jon Tester says he has not yet made a decision on the proposed $25 billion auto industry bailout.


Court finds no problem with counsel in murder case

The Montana Supreme Court has denied a request for a new trial from a Helena man convicted of stabbing his visiting nephew to death in 1999.


Longtime Schweitzer friend tapped to run FWP

Gov. Brian Schweitzer has tapped his longtime friend and former college roommate to run the state Fish, Wildlife and Parks Department.


News, Sports, Weather for Great Falls, Helena, and all of Montana

She will fill thousands of hungry tummies across the country this holiday season and she lives right here in cascade, montana.


Innocence Project opens in Montana

The Montana Innocence Project has quietly opened its doors in Missoula. The project, based on and affiliated with the Innocence Project in New York City, has only one employee, but a cadre of seasoned ...


Authors to lecture on Montana pioneer

Two authors, history professors at Arkansas State University, will present a lecture about the life and exploits of a memorable Montana pioneer Tuesday night at the University of Montana.


Montana urged to boost wind power

As the United States grapples with the issue of energy over the next two decades, Montana will play a crucial role, a renewable-energy expert said Saturday.


Montana Schools Warm to Random Drug Testing

Across the nation thousands of schools, including a handful in Montana, have adopted random drug testing for students.


Report: Percentage of children living in poverty down

The percentage of Montana children living in some degree of poverty has fallen, a new report shows, but more than 40 percent still live in moderate poverty - or worse.


Yellowstone Club members revolt over bankruptcy

BILLINGS - Members of the Yellowstone Club for the ultrarich are opposing another loan to the financially-troubled Montana resort and demanding to know what happened to $463 million in club dues and past loans.


Montana Boy Scouts set popcorn record

This has been a record year for the sales of Boy Scout popcorn in the Treasure State.


Bergren, Sales win top House posts

Rep. Bob Bergren, D-Havre, was picked Wednesday to be the speaker of the evenly divided Montana House of Representatives in 2009, while the current speaker, Rep.


Yellowstone Club Bankruptcy Exposes Brutal Financial Showdown

Once touted as the world's pre-eminent leisure community for the mega-rich, with billionaires from Bill Gates on down among its members, the Yellowstone Club near Big Sky, Montana, doesn't have enough cash in ...


Yellowstone Club In Desperate Straits, Court Papers Say

The Yellowstone Club near Bozeman teeters on the brink of closure and lacks the cash to make payroll for 521 employees for the next three weeks, if a Montana bankruptcy judge doesn't allow the company to take ...


Montanans show interest in federal jobs under Obama administration

With Barack Obama winning the presidency, some Montanans are expressing interest in the two key federal jobs that change with administrations - the U.S. attorney and U.S. marshal for Montana.


Suicide prevention conference planned in Helena

A statewide suicide prevention conference is planned in Helena this weekend. The 2-day conference, sponsored by the Montana Chapter of the National Association of Social Workers, begins Friday at the Red Lion ...


Media Bias in Montana?

Less than a week before the election, the Billings Gazette published a letter criticizing the paper's endorsement of Democrat Barack Obama for president, and alleging a bias in the newsroom of Montana's largest ...


Column: State bucks trend of coattails

Coattails were nonexistent for Democratic legislative candidates last week. Despite big wins by U.S. Sen.


Park City legislator could lead Senate

Sen. Bob Story Jr., R-Park City, should become the next state Senate president when Republicans choose their leaders next week to run the Senate majority at the 2009 Legislature.


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)