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Scott HastingsMortgage Broker of Choice in Denver, NCDenver, North Carolina's Top Mortgage BrokerDenver, NC, wasn’t always known as Denver, NC.  Instead, the first settlers in the area called it Dry Pond. That’s because the local pond around which the settlement...

Scott HastingsMortgage Broker in North CarolinaThe Ultimate Guide to Navigating the North Carolina Mortgage Market with Expert BrokersNavigating the North Carolina mortgage market can be a daunting task, especially for aspiring homeowners. In our ultimate guide, we're...

Scott HastingsMortgage Broker of Choice in Concord, NCNavigating the Mortgage Market: An Expert Insight into Scott Hastings, Concord NC's Top Mortgage BrokerTo better serve you, I've changed the loan application process. Nothing extra, no intermediary, just a...

Maximizing your Rental Income: A Guide to Calculating Rental Income for a Mortgage Application Are you a property owner looking to secure a mortgage for your rental property? If so, understanding how to calculate rental income is vital. This not only helps you...

Are you considering buying down interest rates on your mortgage? Before you make a decision, it's important to understand the financial implications involved. In this article, we will decode the costs associated with buying down interest rates, giving you the...

Many people come to me after they have been turned down for a mortgage from their local Charlotte or North Carolina/South Carolina bank or credit union. What I hear most often from these clients is “the bank doesn’t understand my income. My business makes X amount of...

Unlocking Mortgage Opportunities: A Guide to Asset-Based Financing Introduction: I have a lot of clients who don't have a traditional income stream or are self-employed. Many times these clients have lots of assets, such as cash, stocks, retirement funds, etc. but...

After a month in which the 10 year treasury rate yield rallied (May 2023) we have to revise our mortgage rate predictions. With the average 30 year fixed mortgage rate around 7.55% in early June 2023, we still believe we are not going back to the highs that we saw in...

With mortgage rates all over the place in the last several years, we decided to document our Mortgage Rate Predictions here June 2023 Mortgage Rate Predictions July 2023 Mortgage Rate Predictions

The current national average for 30 year fixed mortgage rates is 6.89%. The 10 year treasury rate yield is around 3.5%. The 10 year treasury rate yield and the 30 year fixed mortgage have had a very tight correlation for several decades. While there may be some...

Charlotte, NC is booming. It is the fastest growing city in North Carolina and one of the top 5 fastest growing cities on the east coast. Those that grew up in Charlotte can barely recognize it today. From Concord to Ballantyne, flocks of people are moving to the...

If you are self-employed and looking for a mortgage, it is very difficult to know how much income you can use to qualify. That’s why I wanted to supply a self-employed mortgage calculator. This is what the underwriter uses to calculate income from the most recent 2...

Scott enjoys spending time and meeting new people. He is looking forward to getting to know you.Contact Info14120 Ballantyne Corporate Place STE 350 OFC 310 Charlotte, NC 28277704-890-7168scott.hastings@mortgagesbyscott.com8am – 6pm (Monday-Friday)Send Us a...

Look What Our New Homeowners Are Saying"LISTENING IS THE KEY TO GOOD LENDING!" -Scott Hastings-

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It depends on your individual needs and preferences. A lender directly funds your mortgage, while a broker acts as a middleman between you and the lender. Working with a broker may offer more options and a wider range of rates, but a lender may offer more personalized...

To improve your credit score for a mortgage, you can: Pay bills on time and in full Keep credit card balances low Limit new credit applications Check for errors on your credit report and dispute any inaccuracies The highest credit score for the best mortgage rate is...

No, pre-approvals typically do not hurt your credit score. Banks may make a soft inquiry, which does not impact your credit score.It is not recommended to make an offer on a house without pre-approval. Pre-approval shows the seller that you are a serious and qualified...

Self-employed individuals may pay slightly higher mortgage rates compared to those who are salaried employees. This is because lenders consider self-employed individuals as higher-risk borrowers due to their unpredictable income.Lenders typically require at least 2...

It depends on individual financial circumstances, but FHA loans and conventional loans with low down payments are often popular options for first-time buyers.The amount you can borrow will depend on your income, debt, and credit history. On average, first-time buyers...

A VA loan is a type of mortgage loan available to eligible service members, veterans, and their spouses. It is guaranteed by the U.S. Department of Veterans Affairs (VA) and is designed to help veterans obtain financing with more favorable terms and rates.There is no...

The decision to refinance your home depends on several factors such as current interest rates, the length of your mortgage term, and your financial goals. It's best to compare the costs and benefits of refinancing with a financial advisor or mortgage professional to...

A mortgage lender provides loans to individuals or businesses to purchase a property. The lender uses the property as collateral for the loan and holds the title until the loan is paid in full.Applying for a mortgage loan can temporarily lower your credit score due to...

A mortgage broker acts as a middleman between the borrower and lender. They help the borrower find a suitable mortgage loan product and guide them through the loan application process. They negotiate with lenders to secure the best terms and rates for the...

Feel confident that you have all necessary home loan requirements in place when you work with us on your next mortgage application. If you are preparing to apply for a mortgage, you may be wondering what home loan requirements you will need to fulfill before the...

Navigating the Home Loan Process with Mortgages by Scott   Are you ready to embark on the journey to homeownership? Mortgages by Scott, powered by CTR Mortgage Brokers, is here to guide you through the home mortgage process. Our goal is to make sure you are...

As a veteran, you've dedicated your life to serving your country, and now it's time for your country to give back. At Mortgages by Scott, we're proud to offer VA loans to help North Carolina veterans achieve their dreams of homeownership. With competitive rates and...

If you're looking to buy a home in a rural or suburban area, USDA Home Loans can be a great option for you. Mortgages by Scott can help you understand the USDA Home Loan program and whether it's right for you. What are USDA Home Loans? USDA Home Loans are a type of...

Are you looking to buy a home but struggling to come up with a sizable down payment? Mortgages by Scott can help! We offer a variety of zero down home mortgage loan options that can make homeownership more attainable than ever before. What is a Zero Down Home Mortgage...

If you're self-employed, you know that navigating the mortgage process can be challenging. Traditional lenders often require extensive documentation and income verification, which can be difficult for self-employed individuals to provide. But at Mortgages by Scott, we...

If you're looking to purchase a high-value property, a jumbo home loan may be the perfect financing option for you. At Mortgages by Scott, we specialize in providing jumbo home loans to help North Carolina residents purchase their dream homes. Our experienced team of...

What are FHA Mortgage Loans? FHA mortgage loans are home loans that are insured by the Federal Housing Administration (FHA). These loans are popular with first-time homebuyers, as well as those who have less-than-perfect credit or don't have a large down payment. The...

When it comes to home financing, there are many options available to homebuyers, and one of the most popular is the adjustable rate mortgage (ARM) loan. Mortgages by Scott is here to help you understand the benefits and drawbacks of adjustable rate mortgages so that...

Buying a home is one of the biggest investments you'll ever make, and finding the right mortgage is critical to making that investment work for you. At [Company Name], we understand the importance of finding a mortgage that fits your needs, which is why we offer 30...

Scott HastingsBuying a Home is a Happy Process - Getting a Mortgage Should Be as Well.To better serve you, I've changed the loan application process. Nothing extra, no intermediary, just a straightforward method that will let us move fast.Hi, my name is Scott Hastings...

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