Kelley Mortgage Review: A Comprehensive Guide to Their Loan Services

Are you looking to buy a new home or refinance your current mortgage? Then, you might be interested in Kelley Mortgage. However, before filling out an application form with Kelley Mortgage, there are some essential factors that you need to keep in mind.

In this Kelley Mortgage review, we’ll cover some important aspects such as credit score requirements, loan options available, eligibility criteria and fees. So sit back and read on to ensure that you make an informed decision when choosing Kelley Mortgage as your potential lender.
Kelley Mortgage offers a wide variety of loan products which include FHA loans, VA loans,  conventional loans, and rural development loans.
To see if you qualify for a Kelley Mortgage loan, simply fill out their online application. You’ll need to provide some basic information about yourself and your financial situation. They are based in Columbia, Tennessee and they have been in business since 2007 and they are considered a low fee mortgage lender.

How much money can you borrow from Kelley Mortgage

When it comes to borrowing money from Kelley Mortgage, there are a few important factors to keep in mind. First and foremost, the amount of money you can borrow will be based on your credit score and financial history. If you have a good credit score and a strong financial history, you’ll likely be able to borrow more money than someone with a lower credit score or weaker financial history.
Additionally, the interest rate on your loan will also play a role in how much money you can borrow. The higher the interest rate, the less money you’ll be able to borrow. Finally, Kelley Mortgage does have a maximum loan limit of $500,000, so even if you qualify for a higher loan amount, that will be the maximum amount you can borrow.

Kelley Mortgage Pros & Cons

Just like any other mortgage banker, Kelley Mortgage has both pros and cons to them that you should weigh out before making a decision to work with them. One of the biggest benefits of working with Kelley Mortgage is that they offer good loan terms and have good loan options.

They also hold an A+ rating from the BBB themselves but unfortunately they are not a BBB accredited company. Considering they have been in business since 2007 and have no BBB or HUD accreditation can present a problem down the road. On top of that, there are no interest rates disclosed anywhere on their website.

Pros:

• Good loan terms
• Good loan options
• A+ rating from BBB
• Low fee lender

Cons:

• Not BBB accredited
• Not HUD accredited
• No interest rates disclosed

What is the longest loan term you may obtain from Kelley Mortgage?

The longest loan term you can get from Kelley Mortgage is 30 years. This lengthy repayment period gives borrowers plenty of time to repay their debt without feeling rushed or overwhelmed. Additionally, the lower monthly payments that come with a longer loan term can make budgeting and managing your finances easier.

However, this doesn’t mean that a 30-year term is perfect for everyone. In case you don’t mind paying a bit more every month or want to be done with your mortgage sooner, Kelley Mortgage company also has a 15-year term.

What mortgage rates do Kelley Mortgage offer?

Kelley Mortgage hasn’t disclosed their interest rates anywhere on their website. In order for you to actually get an estimate of how much your interest rate will be you will need to submit an application and then you will get a reply. This can present a major problem for potential clients since they will not be able to know what to expect until they officially apply.
With this said, we do recommend you find a mortgage banker that is fully transparent with you. Also, make sure to speak with your loan officer before signing the loan agreement.

What is the estimated funding time?

According to their website, the estimated funding time for a mortgage loan is approximately 30 to 45 days. This timeframe may vary depending on the type of loan, as well as the amount you are looking to borrow and some other factors. That’s why it’s important to keep this in mind when applying for a mortgage loan so that you can be prepared for the process.

Do they charge mortgage origination fees?

Kelley Mortgage does not charge mortgage origination fees. This is a big selling point for the company, as many other lenders do charge these fees. The lack of this charge can save you a significant amount of money when taking out a mortgage with this company.

Does Kelley Mortgage charge prepayment fees?

Kelley Mortgage company does not charge prepayment fees. You may prepay your loan in full or in part at any time without penalty. Generally speaking, prepayment fees are typically charged by lenders when borrowers pay off their loans early.

These fees can vary depending on the lender, but they typically range from 1-5% of the loan balance. So, it’s good that you will not have to pay any prepayment fees with this lender.

What mortgage programs are available?

There are many different types of mortgage programs available, and it can be difficult to know which one is right for you. Here is a brief overview of some of the most popular mortgage programs Kelley Mortgage offers:

• Conventional loans
• FHA loans
• VA loans
• Rural development loans

What property usage types does Kelley Mortgage allow?

Kelley Mortgage offers several different types of property usage with their loans, including:

• Primary homes
• Second home
• Vacation home
• Townhouse or condo

So, in case the property you are looking to buy fits this list, Kelley Mortgage may be the perfect lender for you.

How do people rate the customer service and user experience?

When it comes to customer service and user experience, Kelley Mortgage ratings are very good. Customers praise their excellent customer service, and they also say their online platform is easy to use and offers a great user experience.
Customer satisfaction with Kelley Mortgage is great and the online rating of 4.5 out 5 stars proves that. Their customer support team is also very friendly and helpful.
Overall, Kelley Mortgage delivers an excellent customer experience and offers a great online platform for borrowers. And in case you want to work with more good rated mortgage bankers feel free to reach us. We will work together with you to find a perfect lender that will suit your needs.

Contacts of Kelley Mortgage

If you’re thinking about applying for a mortgage with Kelley Mortgage, it’s important to know who to contact and how to get in touch with them. Here’s a breakdown of the people you may need to contact during the mortgage process:
Mortgage Loan Officer
Your loan officer is your main point of contact at Kelley Mortgage. They will guide you through the entire mortgage process, from application to closing. You can reach your loan officer by phone or email.
Underwriting Department
The underwriting department is responsible for reviewing your loan application and ensuring that all of the required documentation is in order. You can reach the underwriting department by phone or email.
Closing Department
The closing department handles all of the paperwork associated with your loan closing. You can reach the closing department by phone or email.
Office location: 105 E. James Campbell Blvd. Suite 2, Columbia, Tennessee
Phine number:  (931) 380-0230
Fax: (931) 380-0670
Email: [email protected]

Availability of Kelley Mortgage

When it comes to Kelley Mortgage LLC, they are based in Columbia, Tennessee. With that said, they only operate in Tennessee so if you are interested in working with them you will have to be based there.

Kelley Mortgage Summary

• Kelley Mortgage Company has been in business since 2007 and is based in Colombia, TN.
• They offer a couple of different mortgage types for both home purchase and refinancing.
• Even though they have been in business for over 15 years, the company doesn’t have BBB or HUD accreditation for providing mortgage services.
• When it comes to customer satisfaction, Kelley Mortgage ranks above average with a 4.5 out of 5-star rating.

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