Jimmy D. Kerr, Mortgage Professional

Jimmy D. Kerr, Mortgage Professional Jimmy Kerr, Branch Manager NMLS #635522
NMLS: 8259 | nmlsconsumeraccess.org | Equal Housing Lender Jimmy D.

Kerr
NMLS #: 635522
Kentucky License #: MC93733
Cell #: (606) 534-1194
http://www.nmlsconsumeraccess.org

There’s no right age to buy a home. No milestone you have to hit first.Some people buy early. Some buy later. Some after...
09/09/2026

There’s no right age to buy a home. No milestone you have to hit first.

Some people buy early. Some buy later. Some after a promotion, some after a move across the country. The only timeline that matters is yours.

When you’re ready to talk it through, I’m here.

This is not a commitment to lend. Qualifications apply. See representative for details.

09/09/2026

🏡 THE HOUSE CAN WAIT. THE PRE-APPROVAL SHOULDN’T.

A lot of buyers do this backward.

They start scrolling through listings.

They find a house they love.

They start imagining where the furniture will go…

Then they call a lender.

I’d rather you call me before you find the house.

Getting pre-approved early can help you:

👉 Understand what price range makes sense
👉 Know what monthly payment you’re comfortable with
👉 Identify any issues we need to work on
👉 Understand how much cash you may need
👉 Be ready when the right house comes along

You don’t need to be buying this weekend to start the process.

In fact, that’s exactly why starting early can be so valuable.

The house can wait. Your preparation shouldn’t.

📩 If buying a home is somewhere in your future, let’s get the conversation started before you start shopping.

09/08/2026

🏡 MORTGAGE TERM MONDAY: WHAT IS DTI?

DTI stands for Debt-to-Income Ratio.

Sounds complicated. It really isn’t.

Think of it this way:

How much money comes in each month compared to how much goes out toward your monthly debts?

For example, lenders may look at monthly obligations like:

🚗 Car payments
💳 Credit card payments
🎓 Student loan payments
🏡 Your proposed housing payment
💰 Other qualifying monthly debts

Then we compare those monthly obligations to your gross monthly income — your income before taxes and other deductions.

Why does DTI matter?

Because it helps us determine how much monthly debt you may reasonably be able to handle when qualifying for a mortgage.

And here’s something important:

The maximum payment you can qualify for isn’t necessarily the payment you should choose.

I want to know what payment works for your life and your budget, too.

📩 Have another mortgage term you’d like explained in plain English? Drop it in the comments or send me a message.

Today, we’re celebrating the people behind the hard work, big goals, and communities we’re proud to call home. 🇺🇸From al...
09/07/2026

Today, we’re celebrating the people behind the hard work, big goals, and communities we’re proud to call home. 🇺🇸

From all of us at Stockton Mortgage, we hope you enjoy a well-deserved Labor Day with the people who matter most!


This is not a commitment to lend. Qualifications apply. See representative for details.

A pre-approval turns "Could we afford this?" into a real number.We look at your income, credit, and assets and give you ...
09/05/2026

A pre-approval turns "Could we afford this?" into a real number.
We look at your income, credit, and assets and give you a working budget, so you can shop with confidence instead of guesswork. It’s a solid place to start.

Want your number? Send me a message.

This is not a commitment to lend. Qualifications apply. See representative for details.

09/04/2026

AROUND THESE PARTS — POP

This week’s word came from Tatorbug22 on TikTok — pop.

Around these parts, if somebody asks, “You want a pop?” they’re asking if you want something to drink.

Depending on where you’re from, you might call it soda, Coke, or something else entirely.

So now I’m curious… what do YOU call it where you’re from?

And if there’s a word people use where you live that gets you a confused look somewhere else, drop it in the comments. I might use it in a future video.

Until next time, I’ll see you down the road a piece!

Buying or moving is a big deal, and you shouldn't have to figure it out alone. Whether you're months out or just curious...
09/04/2026

Buying or moving is a big deal, and you shouldn't have to figure it out alone. Whether you're months out or just curious, one honest conversation can turn 'someday' into an actual next step. Reach out anytime.

📈 WEEKLY MORTGAGE RATE UPDATE — HIGHEST IN OVER A YEARMortgage rates moved higher again this week.🏠 This week: 6.72%📊 La...
09/04/2026

📈 WEEKLY MORTGAGE RATE UPDATE — HIGHEST IN OVER A YEAR

Mortgage rates moved higher again this week.

🏠 This week: 6.72%
📊 Last week: 6.67%

That puts mortgage rates at their highest level in more than a year.

So what’s pushing rates higher?

📈 The bond market: Longer-term Treasury yields have moved higher, and mortgage rates tend to follow the same general direction.

🏦 The Federal Reserve: Inflation remains above the Fed’s target, and the possibility of another rate increase has entered the conversation.

⛽ Oil & geopolitical uncertainty: Higher energy prices can add to inflation—which can put additional pressure on mortgage rates.

📊 Inflation: This continues to be one of the biggest obstacles preventing mortgage rates from making a sustained move lower.

Here’s the part I don’t want buyers to miss:

A higher mortgage rate doesn’t automatically mean it’s a bad time for YOU to buy a house.

Your payment matters.
The purchase price matters.
Inventory matters.
Competition matters.
Seller concessions matter.
And most importantly, your financial situation matters.

I’ve said it before: start with the payment, not the house price.

Instead of trying to predict exactly where rates will be next month, let’s figure out what you’re comfortable paying and work backward from there.

📲 Call or text: (606) 534-1194

📍 3780 North Mayo Trail Suite 201
Pikeville, KY 41501

Sources: Yahoo Finance, The Wall Street Journal, U.S. News Money, Money & Fortune

The rate shown represents a national market average compiled from published sources for educational purposes. Individual rates and terms vary based on loan program, credit profile, property, down payment and other factors.

That itch to check listings at 11pm? That's your sign. Whether you're a year out or ready now, the smartest first move i...
09/03/2026

That itch to check listings at 11pm? That's your sign. Whether you're a year out or ready now, the smartest first move isn't finding the house — it's knowing what you can do before you fall for one. Let's start there, no pressure.

Stockton Mortgage NMLS 8259 | Equal Housing Lender | https://nmlsconsumeraccess.org

09/02/2026

🏡 START WITH THE PAYMENT, NOT THE HOUSE PRICE

When you’re shopping for a home, it’s natural to start with the price.

“How much house can I afford?”

But I think there’s a better question:

“What monthly payment am I comfortable with?”

Because the house price doesn’t determine whether you’ll feel comfortable every month — the payment does.

Your total monthly housing payment may include:

🏡 Principal & interest
💰 Property taxes
🛡️ Homeowners insurance
📋 Mortgage insurance, if applicable
🏘️ HOA dues, if applicable

That’s why I like to start with your life and your budget, then work backward to determine a comfortable price range.

Qualifying for a certain amount doesn’t mean you have to spend it.

The goal isn’t to buy the biggest house possible.

It’s to buy the right house with a payment that still lets you enjoy your life.

📩 Thinking about buying? Let’s figure out your comfortable payment first and build your home-buying plan from there.

Address

3780 N Mayo Trl
Pikeville, KY
41501

Telephone

+16064326832

Website

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