NMLS #1989712
Scott Wise
Senior Mortgage Advisor
Areas served- California
- Texas
- English
Start your home financing journey:
About me
Texas Native, (Hook'em!🤘) With 26+ years in the mortgage industry and Texas native! 2nd Generation Mortgage Broker: Grew Up in the Industry, with Over $2 Billion Funded – 7,500 + Loans Closed.Having had the privilege of being part of the mortgage industry since 1998, with a humble start at Countrywide Home Loans while pursuing my college education. Throughout my career, I've had the opportunity to work with both prominent national banks and regional wholesale lenders. Over the years, I've had the honor of assisting countless borrowers in realizing their dreams of homeownership.
My passion lies in guiding first-time homebuyers through the entire process, offering unwavering support every step of the way. Witnessing their journey from application to funding is incredibly rewarding, as it marks the achievement of their homeownership goals.
Mortgage banking runs in my blood, with family ties deeply rooted in the industry – my father as a mortgage broker, my mother as a skilled loan processor, and my uncle as a VP at Countrywide Home Loans. This legacy has shaped my profound love for this field.
Beyond my professional life, I am a proud father of two wonderful children, one of whom has special needs. This experience has taught me the true meaning of patience and adaptability. Additionally, my family includes a lovable rescue dog.
Entrepreneurship has been a consistent thread throughout my life, and I find immense fulfillment in connecting with people and making a positive impact. I'm truly passionate about what I do, both in my career and in my personal life.
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100% Trust rate
Hear the stories of others I’ve worked with
Delivered on EVERYTHING he said
We were approved by 2 other lenders first, and both of these lenders didn't do their due diligence and would of cost us some serious money had we gone with them. But Scott from day 1 was thorough and transparent. He would break things down visually and explain things. He would search for the best options for us and ultimately delivered on EVERYTHING he said he would! He was very patient with me and answered all questions or concerns as soon as any came up. I can't recommend him enough!! Go with someone you can trust. If you don't believe me go ahead and get some numbers from others and then bring them to Scott and watch him beat them substantially! Read more
Philip Apley
We couldn't be happier
I don't normally leave reviews but by far Lucky, Katrina, Navdeep, Scott and the rest of the team deserve the very best of a review. We were working with another lender at the time and through referral by our real estate agent we were able to see night and day the difference between services. It was like working with family. My wife and I felt fully taken care of and accommodated. Our questions were always answered and detailed so we could make our own educated decisions as first time home buyers. We couldn't be happier with them and have recommended them to friends and family for future home buying and/or refinancing. I wish only the best for them but honestly they don't need it with the way they treat their customers. In this day and age you need a team you can trust especially with one of the biggest decisions of your life. Hands down I'll go to them time and time again! Read more
Jonathan Diep
I can without hesitation recommend their services
Scott Lucky, Katrina and the entire team went above and beyond to make my home buying experience such a wonderful one in a difficult market. They thoroughly explained all of my options, completed transactions in a timely manner and came through with lower rates and a faster close than anticipated. This is a company that I have worked with for 11 years and I will never go anywhere else. I can without hesitation recommend their services to friends and family. Read more
Heather Kim
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Mortgage Calculator
Mortgage Refinancing Calculator
Steps to Understand Your Potential Savings from Mortgage Refinancing
Step 1: Enter your current loan
- Current balance and interest rate
- Monthly principal & interest (P&I only)
- Remaining loan term in months (months left on your current loan)
Step 2: Enter your refinance option (Option A)
- New loan amount – leave blank to default to your current balance; increase for cash-out, decrease if you plan to pay down
- New rate and term
- Estimated closing costs and lender credit, if receiving lender credit to cover closing costs
Step 3: Choose how you will handle closing costs
- Pay upfront: costs reduce net savings
- Roll into loan: costs increase loan balance
- Use lender credit: reduces or offsets closing costs
Step 4: Select your Savings Horizon (most important)
How the Horizon works
Most homeowners refinance, sell, or move before the loan is paid off—so horizon-based savings is usually the most realistic view.
This calculator compares total P&I paid on your current loan vs. Option A over the horizon you select (including how you handle closing costs).
Default is Full Loan Term for a long-run view. For real-life planning, use the Horizon slider to test shorter timelines (ex: 3, 5, 7, 10 years).
Why “Full Loan Term” can show negative savings (and still be correct):
If your current monthly P&I is high enough to pay the loan off earlier, you may stop making payments sooner, while a refinance can stretch payments over more months. That can make “Full Term” savings look worse even when the monthly payment drops.
✅ Tip: If you expect to move or refinance again, focus on your expected horizon (often 3–7 years) instead of lifetime savings.
Payment Change
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Break-even
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Savings @ Horizon
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Payments shown are principal & interest only.
Refinance Savings Calculator
Compare your current mortgage to one refinance option. Edit any field at any time.
Current Loan
Refinance Option A
Closing Cost Handling
?
Savings Horizon
Horizon: Full term
Tip: horizon-based savings are usually more realistic than “lifetime” savings.
Results
Current
Option A
Monthly P&I
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Rate
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Net Savings @ Horizon
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Break-even (months)
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Total Interest Paid @ Horizon
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Monthly Add-on (MI) ?
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Adjust inputs above to see your savings.
Next Steps
By continuing, you acknowledge results are estimates and not a loan commitment.
Reliance Financial | NMLS #309198
This calculator provides estimates for informational purposes only and does not constitute an offer, approval, or commitment to lend.
Actual terms, rates, payments, and costs may vary based on credit, loan program, property, occupancy, loan amount, LTV, DTI,
market conditions, and other factors. Payments shown are principal & interest only unless optional MI is added.
“No-closing-cost” typically means certain closing costs are covered by a lender credit, often in exchange for a higher interest rate.
Prepaid items (interest, taxes, insurance) may still apply depending on escrow setup.
Frequently Asked Questions
This calculator compares principal and interest (P&I) only to keep results consistent. Escrow items vary by property and location and can be reviewed in a personalized quote.
Enter the loan balance you want after refinancing. Use a lower amount to pay down principal or a higher amount to roll in costs or take cash out.
A break-even of 0 months may occur when closing costs are fully offset by a lender credit. “—” may appear when costs are rolled into the loan.
Savings are estimates based on the information entered by user. Final numbers depend on credit profile, loan program guidelines, property details, and market conditions.
Contact us at (888) 9-RELFIN to speak with our licensed mortgage advisors for a personalized consultation.
No. This calculator is for planning purposes only. Our licensed mortgage advisors can provide a personalized quote and confirm eligibility.
A lender credit is a credit applied to closing costs, typically in exchange for a slightly higher interest rate. This can reduce out-of-pocket cash at closing.
Savings depend on how many years (aka horizon) you keep the loan. A refinance can look great over 7 years but less compelling over 2 years if closing costs haven’t been recovered yet. Use the slider in the Savings Horizon bar to select the number of years you plan to keep your mortgage. The default horizon period is the full term of the loan, for example, 30 years on a 30-year fixed mortgage.
Closing costs vary by loan size, state, property type, and program. The most optimal way to get accurate numbers is via a personalized quote from our licensed mortgage advisor. Contact us at (888) 9-RELFIN.
Refinancing can still make sense even if you plan to sell or move in a few years. This calculator uses a customizable savings horizon slider to show whether monthly savings outweigh closing costs over your expected time in the home. If your break-even period is shorter than your planned ownership timeframe, refinancing may still be beneficial. Use the slider in the Savings Horizon box to specify the number of years you plan to keep your new mortgage.
