Cole Fannin, Sr Loan Officer at RenoFi

12/12/2025

🏡✨ When these three showed up to apply for a mortgage… I almost shut my laptop.

From left to right:

🅚🅘🅟
Shows up with every pay stub since 1994… all printed, hole-punched, and arranged by emotional significance. Credit score? 802. Debt-to-income? 12%. Only problem? He refuses to e-sign anything because “the government can’t have my click-trail.”
Approved… reluctantly.

🅝🅐🅟🅞🅛🅔🅞🅝
Said he was “super responsible with money,” then his bank statements showed 14 Klarna payments, 6 AfterPay loans, and a weekly $8 charge labeled “Llama Facts Premium.”
DTI?
Bro, his DTI has a DTI.
We will revisit in 6–8 months or after he stops financing snacks.

🅤🅝🅒🅛🅔 🅡🅘🅒🅞
Shows up wearing a denim vest talking about how he’s “built different.” He has zero W-2s, zero pay stubs, but seven multi-level marketing 1099s… none of which have made $1 of profit.
Assets? “It’s all tied up in product inventory.”
Definitely not approved, but he said he’ll circle back after he recruits two more people.

Call me before you apply — I’ll make sure your mortgage journey doesn’t look like this family portrait of financial chaos.

10/30/2025

“Wait… the Fed cut rates — so why did mortgage rates go up?” 🤔

Because mortgage rates don’t follow the Fed Funds Rate directly.
They move with investor expectations in the bond market.

📉 The Fed’s rate cut was already priced in — investors saw it coming weeks ago.
🗣️ But when the Fed hinted they might pause future cuts to keep inflation in check,
investors shifted, bond yields rose slightly… and mortgage rates ticked up.

In short:
💵 Fed controls short-term rates.
🏡 Mortgage rates follow long-term market expectations.

So even a “cut” can cause mortgage rates to move up — if the market expected it or hears caution in the Fed’s tone.

—
🧠 Pro tip: Don’t focus on the headline rate cut. Focus on what the Fed says about the road ahead — that’s what moves the 30-year mortgage market.

09/20/2025

When people ask me about interest rates… my little helpers have the answer…
Helping families understand the mortgage world—one laugh at a time!”

09/18/2025

If you purchased a home in the last 2 years or so, you may benefit greatly from a refi and my humor along the way! Let’s analyze the numbers and see if it makes sense!

📱 334-707-0524
📧 [email protected]

09/05/2025

Good news for , , and —mortgage rates are easing as the 10-year Treasury yield trends down and economic growth cools.

👉 If you’ve been on the fence, this is a great time to start exploring your buying options.

Here’s what I’m seeing as of today:

✅ Conventional rates: (as low as) High 5’s to Low 6’s
✅ Government loan rates: (as low as) Low to Mid 5’s

Don’t miss out on the opportunity to lock in a lower rate before the market shifts again.

📲 Contact me today to discuss your options.

📧 [email protected]
📞 334-707-0524

Rates quoted are for illustrative purposes only and are subject to change without notice. Actual rates, terms, and loan approval are based on individual borrower qualifications, credit profile, property type, and market conditions. This is not a commitment to lend. Equal Housing Lender. RenoFi, NMLS #1802847.

Call now to connect with business.

08/06/2025

Check out one of my clients before and after project. They added a family room, laundry room, walk in pantry, extended the master closet and added her “beauty room” plus a four car garage with an in-law suite and a walk in closet and bathroom.

Overall, they added about 3,000 sq ft for about $375,000.

Looking to renovate? We can fund that!





[email protected]
334-707-0524 cell

07/19/2025

They don’t know that we know that they know

07/19/2025

07/16/2025

Check this out over in Centre Alabama on Lake Weiss, Alabama.

05/26/2025

Today, we pause to honor the brave men and women of the United States Armed Forces-those currently serving and those who have served.

Your courage, sacrifice, and unwavering commitment to defending our freedoms do not go unnoticed. You stand on the front lines to protect the values we hold dear, and for that, we are forever grateful.

Happy Memorial Day to you all.

05/22/2025

If you are a , think about the number of times you were not able to get a self employed borrower to the finish line.

Likewise, if you are a and your lender couldn’t get you qualified through traditional/conventional lending, a can get the job done.

Many realtors still tell me they have no idea that these unique programs even exists.

You can finance a primary home, secondary home, or investment property with a bank statement loan.

Let’s chat and I’ll analyze if this may be a good fit for you.

[email protected]
334-707-0524 cell