Scott Insley

About Us:

Hello, Thanks for looking at my page. I have been in the mortgtage industry for years and in that time i have come to know it is not all about rates. It is about people and their needs. I have the know how to get you in that home you and your family are dreaming of . I am here to earn your trust and show you how easy it can be to buy or refinance. I will give you sound advice on the most important financial decision of your life. I will be available 7 days a week to answer your questions or address your concerns. I will be there for you.

Whether your loan needs are traditional or non-traditional. I've got the loan to fit your specific needs. Conventional, FHA, VA, Sub-prime, Stated, No doc and hard money loans. It's easy, so call me and let's get working on one for you!

Areas of Expertise

Years you plan to stay in the houseRecommended program1-33/1 ARM, 1 year ARM or 6 month ARM3-55/1 ARM 5-77/1 ARM7-1010/1 ARM, 30 year fixed or 15 year fixed10+30 year fixed or 15 year fixedLoan ProgramsAdvantagesDisadvantagesFixed Rate Mortgages30 year fixed
15 year fixed

• Monthly payments are fixed over the life of the loan
• Interest rate does not change
• Protected if rates go up
• Can refinance if rates go down

• Higher interest rate
• Higher mortgage payments
• Rate does not drop if interest rates improve

Adjustable Rate Mortgages10/1 ARM
7/1 ARM
3/1 ARM
1 year ARM
6 month ARM
1 month ARM

• Lower initial monthly payment
• Lower payment over a shorter period of time
• Rates and payments may go down if rates improve
• May qualify for higher loan amounts

• More risk
• Payments may change over time
• Potential for high payments if rates go up

Investor loans 30 year 1 loan no mortgage insurance.

• 1 loan 1 payment
• stated 100% loan

• Rate is higher than owner occupied home

First Time Buyer Programs

• Lower down payment
• Easier to qualify
• Sometimes you may get lower rate

• May be subject to income and property value limitations
• Some programs which have government subsidies may have a recapture tax if you sell the house too early.

Stated Income Programs

• Don't need to verify income
• Faster approval

• Higher rates
• Higher down payment

No point, No fee Programs

• No closing costs
• Less money required to close

• Higher rates
• Higher payments

Imperfect Credit Programs

• Potential for reestablishing credit if you pay your mortgage on time.
• When used for debt consolidation, you may be able to reduce your monthly debt payment

• Higher rates
• Terms may not be as favorable
• Harder to get long term fixed loans
• Loans may have prepayment penalties

Home Equity Line of Credit

• You only borrow what you need
• Pay interest only on what you borrow
• Flexible access to funds
• Interest may be tax deductible

• Rates can change. The maximum interest rate is normally high.
• Payments can change
• Harder to refinance your first mortgage

Investor loans

• Fixed payments
• Interest may be tax deductible

• Higher interest rates than on 1^st mortgages
• Harder to refinance your first mortgage

Testimonials

I would like to say that from start to finish i was very happy with the whole deal. Before i met scott i had applied to several other places just to hear we cant help. When i was told he could help me i was very skeptical that he could do anything, boy was i wrong! I have sent everyone i hear talking about a mortgage to him and will forever. thanks so much for your help and thanks for helping out my mom and dad. thanks again Kelly.

I met Scott at a homes for me meeting. I was about to lose my home and was on the verge of going bankrupt. I dont know how he did it, but he saved me and my two children from being homeless. When all was said and done i went to closing, he paid off all my debt and i even got seven thousand dollars back to help me start over. I dont know how to thank him but I will tell every one i know to use him!

As a realtor i hate having to turn people away from their dreams homes because we can not get them a loan, i decided to try scott for this one couple and they are now in their happy home...thank you scott, i will be sending all my clients to you as you are such a joy to work with and are very professional. kim.k

scott thank you for all your help and support in getting our loan while we were going through a tough time getting ready to move to maryland, it was nice to know that you were there for us working hard at getting our loan processed so we could get into our new home. It was great to be able to fax, email and talk to you to get everything done for us. thanks again! Arthur P.