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Arlington, 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.

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Arlington, Wisconsin News
Waunakee man dies after car crashes into semi A 42-year-old Waunakee man was killed Monday when his car crossed the center line on Highway 51 near Poynette and was hit by a semitruck carrying a load of sweet corn.
Fire Destroys Barn In Columbia County An early-morning fire destroyed a barn in Columbia County Monday. The fire at the barn on Highway Q in the town of Arlington started around 5 a.m. during a thunderstorm.
New UW-Madison dairy complex now open for business Several hundred guests gathered at the UW-Madison Arlington Agricultural Research Station to get their first peek at the newly opened dairy barn and milking facility.
UW Dedicates New Dairy Research Center The University of Wisconsin opened a new building meant to spur a major Wisconsin industry.
Fire Devastates a Local Business Read the release from the Dane County Sheriff's Department regarding the structure fire in the Town of Vienna.
Fire Devastates a Local Business Read the release from the Dane County Sheriff's Department regarding the structure fire in the Town of Vienna.
Story, data: Seeking a flex-fuel car State auctioning vehicles People looking to beat high gas prices with alternative energy may want to check out a state vehicle auction this weekend.
County by county as of Wednesday Latest developments: No flooding. The worst problems were residents with water in their basements.
Developer's claim against bank tossed A Verona developer who alleged that a local bank ruined his businesses with false promises of a multimillion-dollar loan will not get his day in court, a Dane County judge ruled last week.
Woman Taken by Med Flight After Explosion " At approximately 2:30 p.m., Dane County Sheriff's Deputies along with Deforest Fire Department & EMS, Sun Prairie Fire Department & EMS, Arlington Fire Department and the Waunakee Fire Department responded to ...
Have you heard the 'moos'? In Wisconsin, June Dairy Month... First the robins, then the overhead "V"s of geese. And then just as lilacs wane, summer returns the graceful cow to the capitol.

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"...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.