|
|
Reverse Mortgage
Divorce Buyouts
Debt Consolidation
Home Improvement
Purchase
Refinance
|
|
|
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.
Return to our divorce buyout page
Call for COMPLETE details NOW!
(800) 675-9783
| Wisconsin News |
Doyle Criticizes Dems on Obama Tax Cuts
Gov. Jim Doyle disagreed Thursday with fellow Democrats who criticized President-elect Barack Obama's plan for a middle class tax cut.
|
Getting Tough of Drunk Driving will Cost Wis.
Making first offense drunken driving a crime in Wisconsin will cost at least another $8.3 million a year.
|
Dealing with state budget deficit Doyle says cuts first
Staring at a state budget deficit of $5.4 billion, Gov. Jim Doyle said that cuts in state spending will be his first choice in balancing the budget, but there will also be tax hikes.
|
Wisconsin Ready To Remove Birds From Endangered List
Wisconsin wildlife officials might remove trumpeter swans and ospreys from Wisconsin's endangered and threatened species lists.
|
Gag orders come under fire
A union is challenging state agencies' routine use of "gag orders" to keep employees from discussing misconduct investigations.
|
Healthy Wisconsin bill still alive
State Sen. Russ Decker said he and a colleague plan to reintroduce the Healthy Wisconsin reform bill this legislative session, despite challenges of a projected $5.4 billion budget shortfall and the economic ...
|
Wisconsin brothers reported missing found safe
Search and rescue crews in Colorado have found twin brothers from Green Bay, Wis., who were missing since Sunday.
|
Elderly man dies in fall outside rural Eden home; ice-related falls spike across Wisconsin
FOND DU LAC, Wis. - Hundreds in Wisconsin have been injured in falls on ice, including an elderly man who died, authorities said Tuesday.
|
Candidates for Wisconsin Supreme Court race set
There will be two candidates on the ballot in the state Supreme Court race to be decided by voters April 7. One is a former public defender who's been a judge for 10 years.
|
Wisconsin National Guard unit readies for deployment to Iraq
Central Wisconsin soldiers will be leaving for training this week ahead of the Wisconsin National Guard's largest deployment since World War II.
|
Possible Drug Testing for Seymour Town Board
The elected members of a rural Wisconsin town board would be subject to drug and alcohol testing under a program being considered by the board.
|
Issues take backseat to state budget
MADISON - Wisconsin Democrats had Monday to savor their takeover of both houses of the Legislature, a dream they've chased since 1987.
|
Authorities arrest Hudson fugitive in Idaho
Idaho police say they have apprehended a sex offender who eluded Wisconsin authorities for 14 years.
|
Grieving Officer Speaks Out for "Zero in Wisconsin"
The Wisconsin Department of Transportation announced Monday the number of traffic deaths in 2008 was the latest in 64 years.
|
State DOT: Traffic Deaths Down In 2008
State traffic deaths in 2008 also were down 148 - approximately a 20 percent reduction - from 2007 when 737 people died and 185 fewer than the five-year average of 774 deaths.
|
Figures show that homicides are down in some large U.S. cities
Killings dropped by a third in Milwaukee last year, making Wisconsin's largest city among the nation's most successful in tackling its 2008 murder rate.
|
Challenging issues await new politician
FRANCIS CREEK - The state is facing a possible multi-billion dollar budget deficit.
|
Milwaukee, Wisconsin News, Talk, Sports, Weather
Five people are vying to become the next superintendent of education in Wisconsin, a position that will help shape education policy in the state for the next four years.
|
State Legislature goes back to work Monday
Democrats will take control of the state Assembly for the first time since 1994 when the new Wisconsin Legislature is sworn in Monday.
|
Case could rewrite corporate law in state
MADISON - A case before the Wisconsin Supreme Court could have a major impact on the power of corporations and their relationships with unions, banks and vendors.
|
|
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. |