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

TX Divorce Buyout in Texas

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 Texas, 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 TX :
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
Cactus Cedar Lane Clarksville Cooper
Caddo Cedar Park Claude Copeville
Caddo Mills Cee Vee Clayton Coppell
Caldwell Celeste Cleburne Copperas Cove
Call Celina Cleveland Corpus Christi
Calliham Center Clifton Corrigan
Calvert Center Point Clint Corsicana
Camden Centerville Clute Cost
Cameron Centralia Clyde Cotton Center
Camp Wood Chandler Coahoma Cotulla
Campbell Channelview Coldspring Coupland
Campbellton Channing Coleman Covington
Canadian Chapman Ranch College Station Coyanosa
Canton Chappell Hill Collegeport Crandall
Canutillo Charlotte Colleyville Crane
Canyon Chatfield Collinsville Cranfills Gap
Canyon Lake Cherokee Colmesneil Crawford
Carbon Chester Colorado City Cresson
Carlsbad Chico Columbus Crockett
Carlton Chicota Comanche Crosby
Carmine Childress Combes Crosbyton
Carrizo Springs Chillicothe Comfort Cross Plains
Carrollton Chilton Commerce Crowell
Carthage China Como Crowley
Cason China Spring Comstock Crystal City
Castell Chireno Concan Cuero
Castroville Chriesman Concepcion Cumby
Cat Spring Christine Concord Cuney
Catarina Christoval Conroe Cunningham
Cayuga Cibolo Converse Cushing
Cedar Creek Cisco Cookville Cypress
Cedar Hill Clarendon Coolidge

Return to our divorce buyout page

Call for COMPLETE details NOW!

(800) 675-9783

Texas News
Brownsville - Cameron County - January 8 - 1870
Post civil war skirmish in Brownsville, Cameron County, Texas and in Matamoros (now Mexico).
Texas takes custody of 5 children found in filthy Lubbock home

The state received permanent custody Monday of five of the seven children who authorities said they found in a filthy, rat-infested home where their mother had stored her miscarried fetus in the refrigerator.


State Budget Strains

Texas lawmakers next week will get their first glimpse of how much the national recession has hit the state.


U.S. anti-kidnap expert's vanishing spins Mexico mystery

The abduction of a U.S. anti-kidnap expert in northern Mexico last month remains a mystery with no clues to the man's whereabouts and no ransom demanded by his captors, police said on Monday.


Clues sought in deadly Texas shelter blaze

A table piled with donated clothes is being eyed as the potential origin of a fire that killed five people at a Texas homeless shelter, forcing some residents to flee into the cold streets barefoot and coatless.

Fire officials said it was the deadliest fire in 30 years in recent memory in Paris, a town of about 26,000 people about 100 miles northeast of Dallas.

'It went fast,' said Roger Riemer, 49, who has lived at the shelter since September. 'There was quite a few people trying to get it out, but it didn't work. It was just getting too hot. Smoke was billowing out of there so bad. There was nothing we could do.'


Trans-Texas Corridor

The Texas Department of Transportation says the proposed Trans-Texas Corridor is dead in its initial form and that plans for the highway network have been scaled down.


Rebel win to be marked by Madison County monument

A Texas historical group plans a monument to mark the central Kentucky site of a decisive Confederate victory of the Civil War.


Big Bopper's Casket For Sale - Only Used for 48 Years

'Big Bopper's' son auctioning Dad's casket Rock 'n' roll's most macabre historical artifact will go on the block when the family of the late 1950s pop star J.P. "The Big Bopper" Richardson auctions his casket ...


Killings prompt states to target teen dating violence

Deborah Norris, whose daughter Heather was killed by her boyfriend, created heathersvoice.net to help girls learn when things are amiss in a relationship.


Company caring for elderly in Texas under fire

A newspaper reports that a health care company hired to manage a program for elderly Texans as part of a broad privatization plan was fined more than $1 million by the state in the past year over complaints ...


State senator seeks end to straight-ticket voting

A San Antonio state senator wants to revive efforts to eliminate the straight-ticket voting option.


Former newspaper rivals cooperate as jobs are cut

Just a dozen years ago, newspapers on either side of Arlington, Texas, fought fiercely for every reader in the fast-growing city, spending millions of dollars to expand their staffs and cover the smallest ...


Texas lawmakers to focus on transportation politcs

Wonder whether Texas toll road rage has subsided? Or whether state lawmakers' irritation at the Texas Department of Transportation is easing? The answer came a few days before Christmas: Not so much.


Texas girl, 17, gets 2 life terms in family deaths

A teenage girl charged with capital murder for her role in the deaths of her mother and two young brothers agreed to a plea deal that could make her eligible for parole when she's 59, her attorney said.

Erin Caffey, 17, accepted the agreement Friday, said defense attorney William McDowell. She had been scheduled to be tried as an adult next month in Hopkins County.

'I think it was a just sentence,' McDowell said. 'Everyone is pleased with it.'

Authorities said Caffey, her boyfriend and two other co-defendants plotted to kill Caffey's parents because they didn't approve of her boyfriend. Caffey was 16 at the time of the crime.


Texas jail closes after recliners found in cells

FORT WORTH, Texas A jail in northern Texas has been closed and its nearly 60 inmates transferred as authorities investigate what they call dangerous conditions for jailers and those behind bars - including ...


Insurgents meet to plot overthrow of House speaker

Republican dissidents selected Rep. Joe Straus of San Antonio on Friday night as their candidate to overthrow long-serving House Speaker Tom Craddick, one of the most powerful leaders in state government.


Senate GOP to Block Attempt to Seat Franken Early

Texas Sen. John Cornyn said Friday that Republicans would object to seating Democrat Al Franken who holds a 49-vote lead over incumbent Republican Sen.


White House: Bush discusses Mideast with PM Olmert

President George W. Bush, at his Texas ranch, has spoken on the phone with Israeli Prime Minister Ehud Olmert.


Galveston - Galveston County TX - January 1 - 1863
A Confederate army victory under Major General John B. Magruder. With four gunboats his troops recaptured Galveston from Federal troops under command of Colonel Isaac S. Burrell, Galveston County, Texas.
The Texas House needs to replace Tom Craddick

With 2008 in its last hours, the biggest political battle in Austin for 2009 is already shaping up.


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)