LoanSome Dough

LoanSome Dough Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from LoanSome Dough, Digital creator, Knoxville, TN.

Your Favorite Loan Officer ❤️
On a Mission to Make Mortgage Easy(er)
NMLS #2464939

Book a call here 👉
https://link.theradcrm.com/widget/bookings/lets-chat-loans

10/30/2025

A lot of folks don't know this until they start the process.

If your credit is pulled for any dang reason AT ALL during the loan process, our team is notified.

One time, I got a notice that a client's credit was pulled at a Chevy dealer and when I called him he was still there.

I told him if you want to close on this house, you better just be test driving that truck. 😂

Make sure to call your mortgage pro BEFORE doing anything that impacts your financial situation and we'll keep you out of trouble!

Alright friends. First things first. The talking heads who are going to shout this from the rooftops aren't licensed and...
10/29/2025

Alright friends.

First things first. The talking heads who are going to shout this from the rooftops aren't licensed and don't know what the heck they're talking about when it comes to how mortgage rates actually work.

So let's get one thing straight 👇

Mortgage rates ARE NOT only based on what the Fed does.

Mortgage rates ARE based on how the market reacts to these cuts, job reports, CPI data and other stuff.

Then on top of that, YOUR credit score, debt-to-income, down payment, what type of property also impact YOUR rates. It's not a one-size fits all.

So to recap:
Don't listen to the news.
Call Roxy for all your mortgage needs @ 865-297-3650. 😉

1. You’re out here trying to time the market like you know better than the 90% of millionaires who built their wealth th...
10/28/2025

1. You’re out here trying to time the market like you know better than the 90% of millionaires who built their wealth through real estate.

2. Every landlord you’re ever had became wealthier because you paid their mortgage.

3. Everyone deserves a roof over their head but not everyone’s ready for a mortgage.

4. Get pre-approved first. Because if you’ve been looking at homes that are $750K but qualify for $500K…que the disappointment.

5. If you’re dating and one of you can float the loan. Do that. It’s cheaper to add someone to the deed than it is to do a refi.

6. You’re borrowing hundreds of thousands of dollars, there’s going to be some paperwork involved.

7. You don’t rise to the level of your goals, you fall to the level of your (financial) habits.

8. If you’re only focused on the interest rate you’ll miss the strategy and probably overpay.

9. Fun fact: at some big banks, the person you’re talking to about your loan isn’t even licensed.

10. Buffett keeps a mortgage. Bezos rents data center. Wealthy people don’t avoid debt. They master leverage.

Sometimes we all need that no B.S. love from a big sister so here we are. 😘

10/13/2025

It's Tuesday. We're set to close Thursday.
Docs are going out.
Movers scheduled.

Then I get an email:
"Hey, another lender just sent me this compelling offer"

Friends, as you can see it was handwritten.
Like a note you'd pass in 7th grade (do they still do that?!) 🤣

This mortgage "pro" didn't bother to plug into their system.
No fee sheet. Just a lil' scribble.

When I asked the client what company they were with, they didn't know.
But they sure as heck wanted me to "match this incredible offer".

I've been working on my skincare routine but I wasn't born yesterday.

Here's the truth: even if this were legit, switching lenders restarts the entire process.

No one's closing in two days. Period.

Do yourself a favor to minimize your stress.
If you're going to shop lenders do it BEFORE you go under contract.
Or within a day or two at most.

Once you've decided who you want to work with, let them guide you through the process start to finish.

That's how you actually make it to the closing table on time. 😉

With Christmas being about 11 weeks from now here's how we're gonna Dasher through the timeline:🎄Week 1: Pre-Approval an...
10/08/2025

With Christmas being about 11 weeks from now here's how we're gonna Dasher through the timeline:

🎄Week 1: Pre-Approval and Pre-Purchase Strategy Session
We crunch numbers and design a loan strategy that fits YOU!

❄️Weeks 2 - 5: House Hunting
The fun part! Looking at homes, finding "the one" and letting your incredible agent work their magic.

⛄Weeks 5 - 8: Under Contract
Appraisals, inspections and underwriting, oh my!

🎁Week 8: Closing!!!
And just like that you're home for the holidays!

Give me a jingle to get the process started 😉

10/06/2025

Y'all, I can't tell you how many folks have argued with me about what I request for a pre-approval. (which is not that much BTW)

One gal was 100% commission and didn't understand why I would need to see paystubs...
👉 Well that's because we have to average commission income over two years.

One couple didn't want me to do a soft pull on their credit, told me they had zero debt but also they had a home they were renting out...
👉 We can offset that mortgage payment but we need to check debt-to-income ratios because there's different rules for different types of loans.

One guy whose a business owner didn't want to send me taxes or bank statements but said he 'made plenty of money'...
👉 Most business owners write off as much as possible (Zero judgement and I totally get that!) but we need to see what income we can actually use for the loan OR look at alternative programs.

I don't think I've met a mortgage pro who asks for stuff just for fun.

Those of us who do as much work up front do that so YOU don't have an unpleasant surprise down the road and to make sure we'll make it to the closing table!

And if we're being totally honest, once you go under contract you're going to have to get those documents anyways so why not turn in as much as possible before you have to start packing, coordinating movers and setting up utilities?! win-win.

10/01/2025

🚨 Federal Government Shutdown & Mortgages (Oct 1, 2025)

What stays the same:

Conventional (Fannie/Freddie): Business as usual.

VA Loans: Processing continues, though appraisals may run slower with staffing bottlenecks.

FHA Loans : Single-family closings OK. Watch for slower condo approvals and response times.

IRS Tax Transcripts: Still operational (good news) but there could be delays due to reduced staffing.

Social Security Validation: No change, but still a required step before closing.

What’s on pause:
USDA Loans 🚫 No new commitments/guarantees issued during the shutdown. If you already have a commitment, you can still close; the USDA will guarantee once they’re back up.

NFIP Flood Insurance: New or renewal policies could stall. Private flood insurance can be substituted in many cases.

👀Things to consider:
Federal Employees: If you’re furloughed, lenders cannot count that income until you’re officially back at work.

Contract Timelines: Communication is KEY. Start the conversation early regarding any possible delays on appraisals, etc.

Backup Options: If you were planning on going USDA would conventional or FHA work?

If you're under contract, applying or even thinking about buying during the shutdown, give me a shout and we'll put together a strategy with a back up plan of course 😉

09/29/2025

What you need to know about Joe Schmo saying they can "get you a better rate".

This particular borrower told me their credit was at 780.
When I pulled it, it was 735. (BTW that's still amazing)

She talked to another lender who hasn't pulled her credit so they're running estimates based on her credit being 780 so their rates are "better" than mine.

For now.

Here's what most folks don't know.
Fannie Mae sets these Loan Level Pricing Adjustments aka LLPA.
This is NOT set by a lender.

For an FHA Loan.
3.5% down.
The difference from FANNIE MAE if your credit is 780 vs 735 is .625% 🤯

So yes Joe Schmo's rate looks and sounds good but when he pulls that credit the rate will pop up .625%.

Here's the link: https://singlefamily.fanniemae.com/media/9391/display

I can tell how good or not good my videos are based on the level of squinting from my office manager…
09/23/2025

I can tell how good or not good my videos are based on the level of squinting from my office manager…

Alright friends. There's a TON of folks talking about how the Fed cut interest rates by 25 bps = .25% 🎉But what the heck...
09/17/2025

Alright friends. There's a TON of folks talking about how the Fed cut interest rates by 25 bps = .25% 🎉

But what the heck does it ACTUALLY mean for you?

First let's get one thing out of the way, mortgage rates ARE NOT going to automatically drop by .25%.

Why? Because they're tied to the 10-year treasury and inflation.

With the recent jobs reports and other economic info that's come out the rates have already been coming down, so this cut is already priced in.

What is directly impacted? Credit cards, car loans and home equity lines of credit.

👉So you're in the market to buy a home.
Mortgage rates have come down between .25%-.5% depending on what type of loan and where you get your info over the past 6 months.
Buyers and their awesome agents are negotiating some INCREDIBLE deals right now.

If you have questions about what you'd be pre-approved for or would like a second opinion, let me know!

09/08/2025

📣 Calling all homebuyers (and those who've been thinking about it)

I'm sure you've seen that rates having been coming down.
Since every realtor and lender are talking about it 🤣

To be honest we're excited about what this means for buyers like YOU.
You can get more house for less monthly OR heck just have a lower payment.

AND we're still seeing incredible deals being negotiated for our buyers.

As demand picks up, seller won't HAVE to make those kind of deals.

These numbers are for principal and interest only.
Not a promise to lend.

Address

Knoxville, TN

Telephone

+18652973650

Website

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