Your Blue Bell, Pennsylvania mortgage experts
Your Future Our Focus
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- monday: 8:00AM – 5:00PM
- tuesday: 8:00AM – 5:00PM
- wednesday: 8:00AM – 5:00PM
- thursday: 8:00AM – 5:00PM
- friday: 8:00AM – 5:00PM
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- Purchase
- Refinance
We’ll be with you every step of the way
Hi, I’m Tom, and I’m celebrating more than 20 years in the mortgage industry. Throughout all the ups and downs, I’ve managed to grow my business year after year while maintaining a loyal client base. It’s a joy to help clients return years later as they move up in options and explore new homeownership opportunities in and around Blue Bell, PA.
My father taught me the importance of professionalism and treating every client with integrity. Since 1987, he’s owned the same small used-car dealership, where he taught me to always treat customers right. That’s a lesson I’ve applied throughout my career in home lending, and it’s helped me stand out in a competitive market through word-of-mouth referrals from previous clients and business partners.
I feel fortunate to have helped thousands of homeowners, and I’m excited for the future at America’s #1 Retail Mortgage Lender. I always remind clients, “This is what you hired me for,” when they thank me for being available evenings
Guides and resources
How much will my mortgage payment be?
This calculator is being provided for educational purposes only. The results are estimates based on information you provided and may not reflect CrossCountry Mortgage, LLC product terms. The information cannot be used by CrossCountry Mortgage, LLC to determine a customer’s eligibility for a specific product or service.
Inspiration for your home loan journey
Tom’s testimonials
Meet our team
Tom Mellett
- Originating Branch Manager
- NMLS #146418
- 800 Penllyn Blue Bell Pike
- Blue Bell, PA 19422
- [email protected]
- mobile 267-688-1973
- tel 215-515-9031
- fax 215-515-9004
Our support staff
JoeyLynn Fontana
Loan PartnerMy social posts
Frequently asked questions
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Refinancing costs typically range from 2% to 6% of the loan amount and include fees such as appraisal, title insurance, and closing costs. Factors like your loan type, location, and credit score can significantly impact these expenses. Our team can help to provide strategies that can help minimize costs.
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To determine how much home you can afford, you’ll want to assess your financial situation. This includes your income, expenses, and debt-to-income ratio, to ensure your mortgage fits comfortably within your budget. A general guideline is to spend no more than 28% of your gross monthly income on housing costs and 36% on total debt.
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A good credit score typically starts at 620 for conventional loans, while FHA and VA loans may accept scores as low as 500, though higher scores offer better terms. A strong credit score can help you secure lower interest rates, saving you significant money over the life of a home loan.
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A Home Equity Line of Credit (HELOC) is a revolving line of credit that allows homeowners to borrow against the equity in their home. HELOCs function like a credit card, giving access to funds up to a set limit, which can be used for expenses like renovations or debt consolidation. You only pay interest on the amount you borrow, and the repayment terms typically include a draw period followed by a repayment period.
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To calculate your mortgage payments, start with your loan amount, interest rate, and loan term. Your payment will depend on the interest charged over time and the repayment schedule. You can use a monthly mortgage payment calculator or connect with us to learn more.