Your Homeownership Journey Starts Here
Hi, I'm Kelly! I'm your Senior Mortgage Loan Officer.
I'm a former law enforcement officer who spent most of my time in the special operations sections (SWAT, narcotics, US Marshals Task Force). I left the LEO community in 2020 and now focus my efforts on helping people build generational wealth through home ownership.
Outside of work, I do my best to stay in shape with the gym, and Jiu Jitsu. I love the beach and the ocean which led me to do many shark dives including Tiger Sharks and White Sharks over the last couple years (ask me for some intense videos).
I'm an East Carolina University graduate, a faith centered person, and I enjoy a good bourbon (my favorites are Blantons and Jefferson Ocean). I can talk all day about WW2 history, productivity habits, real estate investing, and gym hacks!
Credentials & Experience
- Specializing in First Time Home Buyer programs in NC.
- Deep knowledge on VA loans including how to structure bonus entitlement.
- Offering Construction to Permanent One Time Close Loans.
- Expert in making complex mortgage terms easy to understand.
Mortgage Basics
Understanding Your Credit
Understanding Your Credit
Understanding Your Credit
Your credit score is a numerical value that gives a lender a rating of how likely you are to pay back a debt. Each loan has a different minimum credit score.
Credit is often the largest factor that determines your interest rate.
Loan-to-Value Ratio
Understanding Your Credit
Understanding Your Credit
Loan to Value is the percentage of your home's value that you are financing.
If your down payment is 5% of the value, your loan is 95% of the value.
Debt-to-Income Ratio
Understanding Your Credit
Debt-to-Income Ratio
DTI is a ratio used to ensure you are not over leveraged and can reasonably make the monthly payment. It's based off total monthly debts divided by gross monthly income. Each loan has a different maximum ratio - staying inside of it is key.
What Is Escrow?
What Is Escrow?
Debt-to-Income Ratio
Your escrow account is an account for you - held by your mortgage servicer. It contains funds for the renewal and payment of your yearly homeowner's insurance and property taxes.
Home Appraisal
What Is Escrow?
Home Appraisal
Appraisers are independent contractors, who provide an impartial assessment of how much the home is worth. They also determine if the home meets minimum property standards per each loan.
Get in Touch
Connect with me in person
I'm not always in the office, but I'm available by appointment.
Kelly Jennings - Lower Local Mortgage
