LoanSome Dough

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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

07/18/2025

We're all just doing what we gotta do....

07/17/2025

Which is why we get real nerdy with our clients.

💸Does it make sense to increase the purchase price and ask for seller concessions?
💸Should you buy down the interest rate?
💸What about paying your mortgage insurance in a lump sum?

The answer is we don’t know until we run the numbers.

And that my friends is why we do breakeven analysis for clients to make sure that when you spend your hard earned money with us you know EXACTLY what you’re getting into.

07/14/2025

Three myths that need to die…

❌You need a TON of money to buy a house
✅ I’ve helped folks buy and they were out of pocket $1200-$1500 TOTAL

❌ You need to have perfect credit
✅ Does better credit get you a better interest rate, sure. But it comes down to your monthly payments and your long term financial goals. If you’re paying $2,500 in rent why NOT see if you could buy and start building equity for you and your family!

❌ That certain loan programs ‘take too long’
or are ‘harder’
✅ VA loans are a prime example, some agents and lenders will steer clients away because they don’t know what they’re doing but it’s an amazing program! If you have a great lending team (like us) we’ll keep you on track!

Those are the top three mortgage myths I’d love to see die 😉

I had a couple a few months ago who were trying to decide if they should buy or rent. You see they didn't really have mo...
06/26/2025

I had a couple a few months ago who were trying to decide if they should buy or rent.

You see they didn't really have money set aside for a down payment which is why they were leaning towards renting.

The place they were looking at was going for $2400 a month 🤯

So when they called me I said, 'Why don't we just run the numbers and see?'

Well wouldn't you know, after running the numbers they would need to pony up an extra $31.17 a month to BUY.

As you can imagine they were thrilled!

This was a USDA loan, which is $0 down.
They got seller concessions to cover closing costs.

When it was all said and done they were out of pocket $2200.
Earnest Money $1,000
Appraisal $650
Inspection $550

To buy a freakin' house.

I share this with you because the dream of homeownership just might be closer than you think. 😉

One of our many incredible lenders is offering a 1% DOWN PAYMENT conventional loan. 🤯The other 2% you receive as a GRANT...
06/25/2025

One of our many incredible lenders is offering a 1% DOWN PAYMENT conventional loan. 🤯

The other 2% you receive as a GRANT, meaning you don't have to pay it back.

Now when you buy you also have closing costs to think about also but we can actually combine this with seller credit or concessions.

So if you know someone who's in the market to buy, share this and you'll get a ton of brownie points 😉

Or if you're in the market, book your discovery call and you'll be ready to host Labor Day BBQ at your new crib. 🍔

06/24/2025

It happens so dang fast.

Add to cart.
Buy Now, Pay Later.
Boop.

Here's the deal though, when an underwriter sees:
Affirm $127
Klarna $83
Affirm $47

They WILL ask for details about those payments AND if you've got more than 10 payments left on that plan it WILL count towards your debt-to-income!

So when you're in the market to buy a house, just know those underwriters take note and know about alllll the different buy now, pay later platforms out there!

06/23/2025

JK Y’all. The Pink Pony Club isn’t in Tennessee 😉

All jokes aside, if things happen and you do find yourself a little light as closing time approaches, here are some ideas to generate cash fast.

Get a gift.
Tap into your 401k.
Sell stuff on Marketplace.

Just a few ideas to get the creative juices flowing!

When you got under contract there are several fees we don’t know yet, like government fees, taxes, insurance, title, HOA, etc.

To be totally honest this is why we round up when it comes to closing costs. I see A LOT of fee estimates from other lenders that are missing some of these fees and the LAST thing we want is for Sally to pick up a shift if you know what I mean 😉

06/18/2025

I know text and email make things ‘easy’ but sometimes when you have a little something going on you have to pick up the phone to get things done!

And today picking up the phone resulted in a Clear to Close baby! 🎉

06/16/2025

Story time y’all,

Appraisal came in $10k low.
Sellers agreed to price but we needed to lower seller concessions by $4k.
Some surprise expenses increased borrower’s monthly payment by $435.

So we reworked the numbers.
Got a bundled homeowners insurance to lower that payment, made a few other updates and BAM 💥still moving right along.

Listen, 💩 happens so TRUST me when I say you want to work with someone who has great relationships with their underwriters and processing teams so that when it does hit the fan they will collaborate to come up with solutions for you!

To our incredible team behind the scenes, toot toot y’all 🎺

Address

Knoxville, TN

Telephone

+18652973650

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