Todd and Julie Chrisley Pardoned By President Trump

3:05 PM PT -- A Federal Bureau of Prisons spokesperson tells TMZ ... The pardon process could take up to a few days before the Chrisleys are released. The Chrisleys might even wind up at a halfway house before they're totally free.

An attorney for the Chrisleys, Alex Little, partner at Litson PLLC, said in a statement ... "President Trump recognized what we’ve argued from the beginning: Todd and Julie were targeted because of their conservative values and high profile. Their prosecution was tainted by multiple constitutional violations and political bias."

President Trump is looking out for his fellow reality TV stars ... because POTUS just issued full pardons for "Chrisley Knows Best" stars Todd and Julie Chrisley.

The reality TV couple had been serving hard time after being convicted in 2022 of financial crimes ... but now they will be getting released from federal prison.

Trump called Todd and Julie's daughter Savannah to give her the good news.

Todd and Julie were found guilty on federal charges of bank fraud and tax evasion ... with Todd getting sentenced to 12 years in prison and Julie getting sentenced to 7 years in federal lockup.

The Chrisleys filed appeals for lighter sentences but those were denied ... and now Trump is swooping in to grant them their freedom.

Savannah, who also starred on her parents' show, blasted their convictions last year at the Republican National Convention ... calling out the prosecutors who handled her parents' federal case in Georgia, suggesting politics played a role in their convictions and even claiming an Obama-appointed judge called her family "the Trumps of the South."

Todd and Julie were originally indicted by a federal grand jury back in 2019, when Trump was in his first term.

Savannah tells TMZ … "For the past two and a half years, I’ve done everything in my power to fight for my parents’ freedom and bring them home. This moment is the answer to countless prayers, and I am beyond grateful to President Trump for seeing the truth and restoring my family."

She continued ... "I also want to thank Alice Marie Johnson for her unwavering support and our attorney, Alex Little, for being an essential part of this process."