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

Amity, OR Divorce Buyout in Oregon

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 Oregon, 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 OR

Call for COMPLETE details NOW!

(800) 675-9783

Amity, Oregon News
Full-course dinner featured at Coelho Winery

Enjoy a gourmet evening at Coelho Winery for its Oregon Bounty Epicurean Dinner, 6:30 to 8:30 p.m. Saturday at 111 Fifth St.


Fire engulfs Sheridan church

SHERIDAN a ' Firefighters from multiple Yamhill County agencies responded at 5 a.m. Tuesday to a weather-related blaze at the Sheridan United Methodist Church, 234 N. Bridge St.


Foul weather can't stop Perrydale's 'Food For All' program

PERRYDALE - While winter storms canceled school and iced over many rural Polk County roads, Perrydale School had some urgent business at hand, weather not withstanding.


McMinnville, other school districts will be closed again Friday

McMinnville, Dayton, Yamhill-Carlton, Amity, Sheridan and Willamina schools will be closed Friday.


Send to Friend

AMITY a ' A 60-year-old Amity man was killed Wednesday morning northeast of Amity when the sled he was riding collided with a car in the 16000 block of Walnut Hill Road, according to the Yamhill County ...


Winter weather Nasty winter weather on the way

Snow, rain and freezing rain will make roads slick at least through Thursday in northwestern Oregon.


Mac, Amity, Sheridan, Willamina, Y-C, Newberg schools closed again Tuesday

McMinnville, Amity, Newberg, Sheridan, Willamina and Yamhilll-Carlton School District officials have announced they will remain closed Tuesday, following Monday's closure due to the winter weather.


Students awash in produce

"I've tried them," Willamina High School sophomore Cody Heidt said. "They're pretty good.


Amity child sex abuser sentenced

Yamhill County Deputy District Attorney Lisl Miller said community safety demands that Michael Criswell of Amity spend the rest of his life in prison.


Bring joy to children in hospital

Now through Dec. 21, Applebee's Grill & Bar is encouraging the community to be a part of Bringing in Joy from the Neighborhood.


Former Dallas AD to be in Hall of Fame

Former Dallas High School athletic director Paul Mannen will be inducted into the Oregon Athletic Directors Association Hall of Fame.


Georgia D. Lee

Services for Georgia D. Lee of McMinnville will be held at 10 a.m Saturday, Nov.


Oregon Post Offices

To obtain the Oregon Sesquicentennial Station postmarks, follow these instructions.


150 years of heritage in Hopewell

The Rev. Gordon McCann of the Hopewell Evangelical Church stands in the main chapel, in a portion of the church dedicated in 1915.


Authorities search for possible plane crash near Amity

Yamhill and Polk County sheriff's deputies are searching for a plane that may have crashed near Amity earlier today, authorities said.


Voters asked to OK bonds in Amity, Willamina and Yamhill-Carlton

Three major bond issues dominate the election menu in rural Yamhill County. The Willamina School District is trying to pass an $8.5 million bond issue following three defeats at higher figures.


State meets take place Saturday in Eugene

The state cross country meets take place Saturday at Eugene's Lane Community College.


10/25 Local fish, game and wine at Coelho Winery

Amity, 97101 Phone: 503-835-9305 Contact name: Coelho Winery Local fish and game will be paired with Coelho Wine from 11 a.m. to 5 p.m. Saturday, Oct.


10/16 Water workshop

Amity, Phone: 503-474-1047 Water workshop: A workshop on caring for wells and septic systems will be held from 7 to 10 p.m. Thursday, Oct.


Amity man critically hurt in wreck

An Amity man was injured Friday afternoon in a two-vehicle crash in Polk County at the intersection of Highway 22 and Perrydale Road.


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 was sure that Somerset was the right choice...they couldn't have been more compassionate or understanding...I just couldn't believe that this all happened within a week...Thanks to my loan officer and all the rest of those great people at Somerset, my family will be able to stay in the only home they have known for some time, without fear of being put out." - Tom N.
© 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)