Business Details
35 Years
experience
Trusted Mortgage Solutions in Knoxville, TN
Fountain City Finance has been serving East Tennessee residents since 1991, providing mortgage financing and refinancing solutions tailored to individual needs. As a locally owned and family-operated business, we prioritize personalized service and community relationships while offering a comprehensive range of loan products. Our team of experienced professionals specializes in conventional, FHA, VA, Rural Development, and reverse mortgage options, ensuring clients find the right fit for their financial goals. With a 30-year track record of BBB accreditation and a commitment to fair lending practices, we combine industry expertise with ethical standards to deliver stress-free transactions. Our sister company, Fountain City Funding, Inc., expands our capabilities as a mortgage banker, enabling competitive rates and terms.Customer testimonials consistently highlight our responsiveness, transparency, and ability to simplify complex processes. From first-time homebuyers to seniors seeking equity solutions, we provide guidance through every stage of the home financing journey. Our dedication to equal opportunity lending and client education reinforces our position as a trusted partner in East Tennessee's housing market.
Services
Conventional Loans
FHA Loans
VA Loans
Rural Development Loans
Reverse Mortgages
Home Refinancing
Debt Consolidation
First-Time Buyer Programs
Senior Equity Solutions
Mortgage Counseling
Details
- Year established: 1991
Highlights and features
- 30+ years of local mortgage expertise in East Tennessee
- Diverse loan portfolio including VA, FHA, and reverse mortgages
- BBB-accredited with a complaint-free track record
- Personalized service from experienced loan professionals
- Streamlined process with rapid pre-approvals and closings
Associations and certifications
- BBB Preferred Member
What people say
Absolute pleasure
Painless process
Highly recommend
Professional team
Quick closing
Services
VA Loans
VA loans provide 100% financing for active military members and veterans without down payment requirements. Our specialists guide clients through eligibility verification, documentation, and closing processes. This program offers competitive rates and reduced fees for qualified applicants seeking home purchase or refinance solutions.
Reverse Mortgages
Reverse mortgages enable homeowners aged 62+ to convert home equity into tax-free cash while maintaining property ownership. We offer counseling, financial assessment guidance, and customized payment plans for seniors needing supplemental income or debt relief.
FHA Loans
FHA loans cater to borrowers with lower credit scores or limited down payment capacity through government-backed insurance. Our team assists with credit improvement strategies, minimum 3.5% down payment options, and streamlined qualification processes for first-time buyers.
Home Refinancing
Refinancing services help clients reduce monthly payments, shorten loan terms, or access home equity. We specialize in rate-and-term refinancing, cash-out options, and debt consolidation solutions tailored to individual financial circumstances.
First-Time Buyer Programs
First-time buyer programs combine education, down payment assistance, and specialized loan products. Our counselors provide budgeting guidance, credit preparation, and access to state-specific initiatives like THDA for qualifying purchasers entering the housing market.
People
Daryl Decosta
Senior Loan Officer
With over 20 years in mortgage lending, Daryl specializes in VA loans and first-time buyer programs. He focuses on simplifying complex transactions while maintaining personalized client communication throughout the process.
Jack Amyx
Senior Loan Officer
Jack brings decades of local market expertise, specializing in conventional loans and credit rehabilitation strategies. He assists clients in improving financial profiles to achieve homeownership goals through tailored mortgage solutions.
Lisa Amyx
Senior Loan Officer
Lisa specializes in FHA loans and senior mortgage products. Her client-centered approach emphasizes clear communication and education to help borrowers make informed decisions about their housing investments.
Carl Bruner
Reverse Mortgage Specialist
Carl provides expert guidance on reverse mortgage options, helping seniors maximize financial flexibility while maintaining housing security through comprehensive equity conversion strategies.
Shayn Decosta
Loan Manager
Shayn oversees loan processing operations, ensuring timely documentation review and compliance adherence. He coordinates between underwriting teams and clients to maintain efficient transaction timelines.
Questions
What loan types do you offer?
We provide conventional, FHA, VA, Rural Development, and reverse mortgages, along with refinancing and first-time buyer programs.
How quickly can you close a loan?
Many transactions close within 30 days, with some VA refinances completed in as little as 21 days through streamlined processes.
Do you work with first-time homebuyers?
Yes, we specialize in first-time buyer programs including down payment assistance and credit improvement guidance.
Can I refinance with bad credit?
Our team helps clients improve credit profiles and offers specialized refinancing options for various credit situations.
Are there fees for loan consultations?
No, we provide free initial consultations to discuss mortgage options and financial goals.
How do reverse mortgages work?
Reverse mortgages let seniors 62+ access home equity without monthly payments, maintaining ownership while receiving tax-free funds.
