Jennifer Love Hewitt Credit: Jason Kempin/Getty

Simon Cowell's search for a new X Factor judge may have a happy ending! A source tells Us Weekly that the Fox talent show creator, 53, hope that Jennifer Love Hewitt will join him and Demi Lovato on the panel this fall for season three. (Judges L.A. Reid and Britney Spears both departed after season two.)

"Simon is very interested," says the source of the 34-year-old Client List actress and former pop star. (Hewitt's song "BareNaked" charted back in 2002.) Also in the running: Reba McEntire and Kelly Rowland, who judged 2011's U.K. X Factor.

While an X Factor rep says "this is pure speculation," a Rowland pal assures Us: "Kelly's nearly a done deal!"

Mario Lopez, meanwhile, will be back for his second season as series host, although his co-host Khloe Kardashian will not be returning.

Tell Us: Would Hewitt make a good addition to X Factor?