How To Pay Off Your Home Quicker

For generations, homeowners would buy a home for life. Working over the years to make the payments and celebrating the end of the 30-year mortgage were great milestones in the family. Today, few home buyers expect to be in their home for longer than 7 years on average. Paying off a 30-year mortgage seems like an impossible task. Fortunately, there are great ways to pay off your loan which do not involve time. Here are a few tips for paying off your mortgage loan faster.

  • Biweekly Payments – Work with your lender to determine how they handle biweekly payments. If processed immediately, you can save 8 years of payments on a 30-year loan.
  • Extra Payments – By making just one extra payment each year, you can pay off your loan 11 years earlier.
  • Refinance to 15 years – There are great interest rates available for mortgage loans. Consider a 15-year mortgage.
  • Principal Reduction – Watch for ways to add to your monthly payment a little at a time. When possible, increase the principal payment you make.

Paying off your mortgage builds wealth. Consider your life goals, including retirement. A 30-year loan taken out at 37 years old will not be complete until 67 – retirement age. The loan needs to be part of the overall financial plan from the beginning and making a payoff a priority with a few simple steps can add up to huge savings in interest which can then be used for better investments.

Posted in Jan J Kelley REALTOR

Meet Jan J Kelley – REALTOR®

Head shot black backgroundJan Kelley is a Top Producing Agent with a strong track record of success who joined Keller Williams Realty since 2011. Jan initially focused on working with buyers to find their perfect home in the right neighborhood for their unique needs and lifestyle. She further expanded her expertise to sales to help owners market their prized properties and achieve the best return.  In 2019 Jan added Commercial Real Estate services.

Specializing in rentals, purchases and sales listings in the Northeast Dallas Metroplex, Jan knows the market well and offers excellent support, resources and guidance for those seeking or selling homes. As a former nonprofit Executive Director of over 10 years and a small business owner, she understands the importance of community and the level of care each client deserves to make confident, informed decisions.

Originally from Tulsa, OK, Jan attended Rogers State University and Tulsa Community College. Her career previously involved service to the community in non-profit, education and government. In 1992, Jan was recognized for operating one of the first National Accredited Preschools in Oklahoma, and then taught others how to receive their accreditation at Tulsa Technology Center. She was later appointed by the Governor of Oklahoma to implement the state’s workforce credentialing program at all of Oklahoma’s Technology Centers.

Jan and her family moved to Texas in 2011. She and her husband of 36 years are proud parents and grandparents. Jan is a licensed REALTOR®, Seller Representative Specialist (SRS®), Accredited Buyer Representative (ABR®), Certified Negotiation Expert (CNE®), Preferred Realtor with the Texas Veteran’s Land Board, and a member of Rockwall Chamber of Commerce and the Professional Women’s Alliance.

Jan is constantly studying the local real estate market and acquiring new, valuable information to share with her clients. She believes in staying connected through active networking, volunteering and community involvement, to “enhance the quality of life and remain abreast of the decisions that affect us all.” 

Certified Negotiation Expert CNE®

Seller Representative Specialist SRS®

Accredited Buyer’s Representative ABR®

Rockwall Chamber of Commerce member

Professional Women’s Alliance member

100 Business Leaders of Rockwall County member

Pricing Strategy Advisor PSA®

Veteran’s Advocacy and Benefits Association VABA member



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Home Buying 101: How to Get a Mortgage

The Rising Professional

What You Need to Know

For many people, buying a home is the biggest financial move they’ll ever make. Most homes are bought with mortgage loans, which let you buy property and come with tax-deductible interest.

If you’re in the market for a new home, especially if you’re a first-time homebuyer, take some time to learn the ins and outs of mortgage financing so you know what to expect. Here’s our guide.

Do This First

Before you begin shopping for a house, do your own homework to determine your creditworthiness and prepare for a conversation with a lender, says Bob Collins, mortgage broker at Signal Hill Mortgage in Signal Hill, California.

First, gather tax returns, pay stubs, and other paperwork that documents your income for the past two years. You’ll also need documentation of liquid assets, cash in the bank, as well as credit history and current income. That…

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Posted in Jan J Kelley REALTOR

Jan J Kelley Realtor Presents: The 2nd Step in the Home Buying Process

Last week, Keller Williams home-buying specialist Jan J Kelley shared with you the first and most important step in the home buying process – getting pre-qualified for a home loan. If you missed it, you can read it here.

1213Now that you have the first and most important step, the next step is determining the location for your home search. One of the most common statements you hear from prospective home-buyers is, “I only want a 15-20 minute commute to work.” A short commute to work is important, however your work is only one aspect of your busy life! When searching for a neighborhood in the Dallas Metroplex you should take more than your work into consideration. Where do your friends live? What are the activities you enjoy? What is your favorite place to shop? Your home should be the epi-center of your entire life, not just your work commute.

Remember there are as many as 400,000 homes on the market in the DFW Metroplex and you most consider all aspects of your home purchase. Jan J Kelley Realtor is a member of the Keller Williams team with a specialization in helping home-buyers find their perfect home. Contact her at (972) 400-1885 or visit today and take the steps important to finding #TheKeyToYourNewHome today!

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The Benefits of Getting Pre-Qualified for a Home

A new home is arguably one of the largest and most important purchases we make in our lives. One of the questions many potential home buyers is; “Where do I start?” Jan J Kelley Realtor says that determining where to begin is simple, getting pre-qualified for a home loan is the first and most important step in the home buying process.

8914Many buyers begin their search for a new home online by researching and viewing homes that catch their eye. However, if you’re in the market for a new vehicle and you determine your budget will allow you to purchase a reliable pre-owned vehicle, it doesn’t help you to research the latest Lamborghini’s in production. Working with a realtor and getting pre-qualified for a home loan will allow you to determine your budget to a certainty and narrow down the home search, helping you avoid the extra overwhelming undue stress.

Additionally, even if you do know your new home budget, the DFW Metroplex housing market can cause issues for the buyer who isn’t pre-approved. Homes listed in Dallas are selling in days, not weeks as is common in some other markets. The buyer who isn’t pre-qualified will likely lose out on a home listing to another buyer who is pre-qualified.

Consulting with a lender before you start the home buying process can save a lot of heartache later, so take that first step today if you’re in the market for a new home. Jan J Kelley works with Keller Williams Realty and utilizes her experience as a community leader to help Buyers find exactly what they are looking for in a home and community. For more information contact her at (972) 400-1885 or visit today!

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