Ashlynn Kelso Team - Mortgage Loans

5.0 star review received on Experience.com for Ashlynn Kelso by Blake W H - I received excellent advice and was educated throughout the process on everything as a new homebuyer. The communication was very good, and I felt like my needs were made a priority.

New ★★★★★ 5 Star Experience.com Review by Blake W H Click to see all 520 reviews of Ashlynn Kelso, RMLO - NMLS # 1074888

5.0 star review received on Experience.com for Ashlynn Kelso by Trapper S - I’ve worked Ashlynn before and I had a great experience with her last time and I trust her. Thank you Ashlynn

New ★★★★★ 5 Star Experience.com Review by Trapper S Click to see all 518 reviews of Ashlynn Kelso, RMLO - NMLS # 1074888

5.0 star review received on Experience.com for Ashlynn Kelso by Patricia A L - There’s a multitude of reasons, but I think the primary reason why I feel as though this was a great experience was constant communication, the immediate access to a real person when calling with questions, questions answered in layman‘s terms. The ease of electronic signatures and access to all documents sentare easy and user-friendly. My husband Trapper has dealt with Alyn with the purchase of his first home and said that her genuine honesty was appealing to him. I agree 100%.

New ★★★★★ 5 Star Experience.com Review by Patricia A L Click to see all 517 reviews of Ashlynn Kelso, RMLO - NMLS # 1074888

5.0 star review received on Experience.com for Ashlynn Kelso by Carl S - Exceeded Expectations

New ★★★★★ 5 Star Experience.com Review by Carl S Click to see all 515 reviews of Ashlynn Kelso, RMLO - NMLS # 1074888

5.0 star review received on Experience.com for Ashlynn Kelso by Priscilla A R - Very great communication over the years to know exactly what we needed to do to be offer ready all through to finalizing the signing!

New ★★★★★ 5 Star Experience.com Review by Priscilla A R Click to see all 513 reviews of Ashlynn Kelso, RMLO - NMLS # 1074888

5.0 star review received on Experience.com for Ashlynn Kelso by Carl M - I recently had the pleasure of working with Ashlynn Kelso and her team at Thrive, and I couldn't be more satisfied with the experience. From start to finish, the process of securing my home mortgage was smooth, efficient, and stress-free, thanks to their exceptional service.

Ashlynn demonstrated an impressive level of professionalism and expertise throughout our interactions. They patiently explained every detail of the mortgage process, ensuring I understood all my options and what to expect at each stage. This clarity and transparency were immensely reassuring.

Communication was another standout aspect of my experience. Ashlynn and her team were always accessible and responsive, promptly addressing my questions and concerns. This open line of communication made me feel valued as a client and confident in my decision-making.

What truly sets Ashlynn, and her team apart is their commitment to finding the best possible terms for their clients. They went above and beyond to secure a competitive interest rate and favorable loan terms that aligned perfectly with my financial goals. Their dedication to my best interests was evident in every step they took.

The entire team at Thrive was friendly, knowledgeable, and supportive, creating a positive atmosphere that made the home-buying process enjoyable. Their efficiency and attention to detail ensured that everything moved along seamlessly, allowing me to close on my new home without any hitches.

I wholeheartedly recommend Ashlynn and the team at Thrive to anyone in need of a home mortgage. Their expertise, dedication, and exceptional customer service truly make them a standout choice in the industry. Thank you, Ashlynn Kelso, for making my home-buying journey a fantastic experience!

New ★★★★★ 5 Star Experience.com Review by Carl M Click to see all 512 reviews of Ashlynn Kelso, RMLO - NMLS # 1074888

5.0 star review received on Experience.com for Ashlynn Kelso by Jose F - Good and pleasant!

New ★★★★★ 5 Star Experience.com Review by Jose F Click to see all 511 reviews of Ashlynn Kelso, RMLO - NMLS # 1074888

Okay, let’s get real for a sec. There’s always that ONE question about mortgages that seems too silly, too complicated, or just too… something to ask out loud, right? Well, today’s the day we’re throwing all that hesitation out the window!

Drop it below, no judgment, only answers and maybe a few laughs. 👇 🏡

Want to accelerate your path to a mortgage-free life? Here’s a strategic plan to get there faster:

✅ Buy your first home and focus on making additional principal payments to shorten the loan term.

✅ Once you’ve built up equity, refinance to a lower interest rate and shorter term, keeping payments the same to speed up payoff.

✅ Leverage your equity to buy a second property. Rent it out (AirBnb anyone?) to cover both mortgages, using any extra rental income to pay down the principal faster.

✅ Continue this method with more properties. Use the rental income surplus to aggressively pay down one mortgage at a time.

✅ Before you know it, you’re living mortgage-free with multiple properties fully paid off—your investments have accelerated your financial freedom!

Imagine a life free from mortgage payments sooner than you think. Let us help you leverage your equity to build wealth in real estate!

𝙲𝚘𝚖𝚖𝚎𝚗𝚝 𝚋𝚎𝚕𝚘𝚠! 𝙱𝚎𝚜𝚝 𝚊𝚍𝚟𝚒𝚌𝚎 𝚢𝚘𝚞𝚛 𝙳𝚊𝚍 𝚑𝚊𝚜 𝚐𝚒𝚟𝚎𝚗 𝚢𝚘𝚞!

Don't miss tomorrow's episode of 🏠Mortgages & Mimosas🥂 with special guests (and neighbors!) from ! Heather & Rachel work with builders and developers to design and coordinate spec projects, custom built homes, and multi-family projects--this is a fun one you wont want to miss!

📌 SAVE this first so you don’t lose it!

So…What do you do if you see a home sitting on the market for more than 30 days? Some sellers might be getting anxious, but I’ve got a tip for buyers to capitalize on this shift.

Instead of just offering less, why not play it smart with your offer? If you’re like many buyers who prioritize monthly payments, here’s a tactic that could work in your favor:

Instead of offering $390K on a $400K home, consider proposing the full price but request $10K back for a concession for buying down your rate. This could lower your monthly payments significantly—by about $150-$200/mo. Plus, this can save you a substantial amount over the lifetime of the loan in interest.

Knowledge is power. Feel free to get in touch if you want to explore how this strategy could work for you! Be sure to SHARE with someone who can benefit from this info.

Heard these myths mentioned when talking about getting a mortgage? Let’s break it down simply:

1️⃣ Myth: You need a huge income to get a mortgage. Not true! We look at your "debt to income" ratio. If you have little debt, you may qualify for more than you think! FHA loans can go up to a 55% debt ratio, and recently we had a VA buyer qualify up to a 62% debt ratio!

2️⃣ Myth: You must have a job in order to buy a home. Actually, not true! If you have an offer letter for a new job, we can use the future income to qualify. Yes, we can close your loan without a paycheck! (as long as the new job starts within 60 days of closing)

3️⃣ Myth: Once you get a mortgage, you’re stuck with it forever. Nope, none of our loan programs have pre-payment penalties. Meaning you can refinance (lower the rate, change the term, take cash out, change the loan program) or pay off your mortgage anytime!

Ever wonder what the secret sauce is to getting your loan ‘Cleared to Close’? 🏡✨ Here’s a simple breakdown to guide you through the journey:

✔️ Get Pre-Approved: Providing all your documents to your lender AND having your loan reviewed by an underwriter will let you know up front what paperwork will be needed prior to final approval! And will make the loan process much smoother once you are under contract. It's free so why not?!
✔️ Be Financially Boring: Keep your employment and finances stable throughout the process. IF YOUR JOB CHANGES, it's not a deal breaker, let us know so we can get the updated information and documentation.
✔️ Respond Promptly: Quick responses to your lender’s requests can speed things up! I promise we don't ask for things we don't need!
✔️ Avoid Moving Money Around: Lenders have to document large deposits or transfers. Think paper trail. The more you move your money around prior to closing, the more documentation we will need.
✔️ Keep Records Handy: Have all your documents saved and ready to provide. Avoid screen shots when possible ;)
✔️ Avoid Opening New Debt: New loans or credit card debt can throw a wrench in the works. YES, IT HAPPENS. If it does, let us know so we can tell you what documents we will need!
✔️ Communicate: Stay in touch with your mortgage broker (hey 👋 that’s me!) for updates and advice.

All of the above can happen during the loan process, and contrary to what you may hear, these are not deal breakers. It might just be extra paperwork. But we will walk you through it all to make sure you get to the closing table!

📌 SAVE this for later and follow us for your daily mortgage tips.

Waiting for rates to drop to buy a home? 🏡✨ Here’s a reality check: the housing market waits for no one! Here are a few key points to remember:

✔️ Rate drops can lead to more buyers jumping into the market, making competition fierce. Experts say there are millions of buyers waiting on the sidelines for rates to drop to buy a house.
✔️ Lower rates can increase your purchasing power, but don’t wait too long, or you might be competing with the other buyers waiting like you!

Buying a home today means taking advantage of current opportunities, rather than hoping for a better tomorrow that might not come.

5.0 star review received on Experience.com for Ashlynn Kelso by Geneva J - People who worked it

New ★★★★★ 5 Star Experience.com Review by Geneva J Click to see all 502 reviews of Ashlynn Kelso, RMLO - NMLS # 1074888

5.0 star review received on Experience.com for Ashlynn Kelso by Heather B - Ashlynn and her team helped me throughout the entire process. She made everything stress-free and easy for me!

New ★★★★★ 5 Star Experience.com Review by Heather B Click to see all 500 reviews of Ashlynn Kelso, RMLO - NMLS # 1074888

Getting your loan APPROVED is what I live for! 🏡 From our first conversation, we ask all the questions to help us understand your financial situation, finding the most affordable loan products and programs that fit your budget. We know guidelines. We know products. And we'd be more than happy to share past clients' stories that will agree! 😉

If you are not getting approved for the price point you want, or at all, let us give it a 2nd look!

Homes remained on the market for a shorter period in April, with the 26-day average down from 33 days in March. Plus, 27% of homes sold above list price. These factors both signal that demand and competition remain during this spring buying season, even in the face of elevated rates.

Inventory also saw a boost, as the 1.21 million homes available for sale at the end of April were up 9% from March and 16.3% from a year earlier. While this remains below healthy levels at just a 3.5 months’ supply at the current sales pace, rising inventory is certainly a step in the right direction to help improve ongoing tight supply.

Source: MBS Highway

🙌 Let’s break this down a bit more:

When you pay points, you’re paying to lower your interest rate. Just like this:

✔️ Buying 1 point cuts your rate by 0.25% - .375% (on average)
✔️ And each point costs you 1% of your total loan amount.

Let me give you an example: Instead of offering, say, $390K on a $400K home, consider proposing the full price but request $10K back for a concession for buying down your rate. If you go for 2.5 points, using the seller's concession of $10,000, check out the benefits to you:

✔️ Your interest rate drops from 7% to 6.375%.
✔️ This change reduces your monthly P&I payment from $2,528 down to $2,370

This assumes putting 5% down & doesn’t include taxes and insurance, but you’re still saving about $158/month! And paid by the seller!

Curious to see how it all adds up for your situation? Let us prepare a Buyer's Presentation just for you 😉

Stop Doing This If You're Trying to Buy a Home This Summer! 🛑 Don't overlook your debt-to-income ratio—it's a crucial factor in securing a mortgage 🏠

What we look for:
• MINIMUM monthly payments on your credit report (divided by)
• Total GROSS income

Most loan programs require a max 50% DTI

We offer a free mortgage consultation and this is one of the topics we cover. And NO HARD CREDIT PULL!