Don Kelly

Free credit reports and credit scores – sounds simple enough.   Not so fast! On a regular basis I have opportunity to visit with my clients why “freecreditreport” isn’t exactly free and why the credit score they received from one of the “free” sites is so much different than the one associated with the report [...]

Thought you might enjoy the video regarding some of the very recent discussions on the fate of Fannie Mae and Freddie Mac.  At this point in time, Fannie and Freddie, along with FHA represent approximately 95% of mortgage loans being funded.  I agree fully with the gentlemen in the video and  I am against the [...]

I have had the good fortune over the past 16 years to advise and assist clients seeking construction/permanent loans (CPL) for their new homes.  This type of financing was developed in the mid 1990′s and was a result of taking the traditional bank construction loan and combining it with a conventional long term mortgage.  Previously, [...]

There is no doubt that today’s mortgage market has proven difficult for many borrowers.   Current underwriting guidelines are much more like the historic model that worked for so many years – you must have good credit, documentable income and assets and some down payment.  In my opinion, the loans being made by today’s mortgage [...]

I will be the first to confess that Veteran’s Day is not a day that I hold at the top of my list.  I have the utmost respect for our military and the sacrifices they make, I just fall into the trap like I think many of us do, that sure we stop for a [...]

As most of you have been watching, long term interest rates including mortgage rates have been tracking at all time lows. Most of my clients ask the $64,000 question – are they going lower? I have watched interest rates closely for the last 20 years and have come to the conclusion that no one knows [...]

D Magazine picks Don as one of the top mortgage professionals in the Dallas/Fort Worth metroplex… check out the article…