Step 1

Preheat the oven to 350 degrees F.

Step 2

Combine the butter, white sugar and oil in a bowl and then stir in the vanilla extract and eggs until smooth.

Step 3

Now add the buttermilk gradually and the dry ingredients bit by bit, mixing and scraping down the bowl sides to get a smooth batter. Keep mixing until there are no lumps.

Step 4

Put ½ cup of the batter in a small bowl, mix in the cinnamon and molasses, and set aside.

Step 5

Grease a loaf pan with nonstick spray.

Step 6

Spoon half the main batter into the loaf pan and use a wide spatula to level it out.

Step 7

Add half the molasses batter on top.

Step 8

Add the rest of the main batter on top of that and finish with the rest of the molasses batter.

Step 9

Swirl the batters together using a butter knife and bake for 45 to 50 minutes.

Step 10

Let it cool for 10 minutes in the loaf pan and then loosen the edges and transfer it to a wire rack.

Step 11

To make the coating, put the melted butter in a dish and mix in the brown sugar, white sugar and ground cinnamon, stirring well.

Step 12

Dip the loaf into the coating, making sure all 6 sides are covered. You can also spoon it over the edges of the loaf and the top.