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Monday 8:30am - 5:30pm Tuesday 8:30am - 5:30pm Wednesday 8:30am - 5:30pm Thursday 8:30am - 8:30pm Friday 8:30am - 8:30pm

Josh Barnes - Barnes Cantrell Mortgage Group powered by Canopy Mortgage

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Huntsville, AL
Josh Barnes - Barnes Cantrell Mortgage Group powered by Canopy Mortgage

Mortgage Lender: NMLS #699708
(1)

Josh Barnes
Mortgage Loan Originator 699708
Canopy Mortgage LLC NMLS 1359687
www.nmlsconsumeraccess.org
115 Manning Drive Suite A-201, Huntsville, AL, United States, Alabama
(256) 572-0343
Equal Housing Lender

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06/13/2026

Would you rather have one fully paid-off rental property, or five cash-flowing rentals that still have mortgages on them?

There's no wrong answer. Both strategies work. It really comes down to your goals, your risk tolerance, and how you want to manage things long term.

Drop your pick in the comments and tell us why. We love seeing how people think about this.

📞 (256) 572-0343
✉️ [email protected]
🌐 JoshBarnesLoans.com

06/12/2026

If you're a real estate investor and your income doesn't look great on paper, a DSCR loan might be worth knowing about.

DSCR stands for Debt Service Coverage Ratio. Instead of qualifying based on your personal income, the loan qualifies based on the rental income the property generates.

Here's the basic idea: if the rent covers the mortgage payment, you're in a strong position to qualify. Lenders typically look for a DSCR of 1.0 or higher, meaning the rental income at least equals the debt obligation.

It's a Non-QM loan, which means it doesn't follow standard lending guidelines. That makes it a good fit for self-employed investors, people with multiple properties, or anyone whose tax returns don't reflect their actual cash flow.

If that sounds like you, let's talk.

📞 (256) 572-0343
✉️ [email protected]
🌐 JoshBarnesLoans.com

06/11/2026

A lot of people ask whether it's better to rent out a property or just sell it. Honestly, it depends on your goals and your numbers.

Here's how we think about it from a financing standpoint:

If you own a home and want to convert it to a rental, you need to make sure your current mortgage allows it. Some loan types have owner-occupancy requirements.

If you're buying a new investment property, structuring the loan correctly from the start matters. The right loan type can affect your rate, your down payment, and how the rental income gets counted toward future purchases.

A lot of investors don't realize how much the financing strategy affects the overall return. Getting that part right early saves a lot of headaches later.

If you're weighing your options, let's run through the numbers together.

📞 (256) 572-0343
✉️ [email protected]
🌐 JoshBarnesLoans.com

06/10/2026

Real estate investing is one of the most common ways people build long-term wealth. But a lot of people put it off longer than they need to.

We're curious: what's keeping you from pulling the trigger on an investment property?

A. I don't have enough for a down payment yet
B. I'm not sure I'd qualify for the loan
C. I don't know where to start
D. I'm actively looking right now

Drop your answer below. And if you have questions about financing, we're happy to answer them right here in the comments.

📞 (256) 572-0343
✉️ [email protected]
🌐 JoshBarnesLoans.com

06/09/2026

Buying an investment property is not the same process as buying a primary home. The loan requirements are different, and knowing what to expect before you apply makes the whole thing a lot smoother.

A few things that change with investment properties:

Down payments are typically higher. Most conventional loans for investment properties require 15 to 25% down.

Rates are a bit higher too. Lenders see rental properties as more risk, so the rate reflects that.

Your debt-to-income ratio matters more. Rental income can be factored in, but lenders want to see strong financials overall.

The good news is there are several loan options depending on your situation, whether you're buying your first rental or adding to an existing portfolio.

If you're thinking about getting into real estate investing, let's talk through what makes sense for you.

📞 (256) 572-0343
✉️ [email protected]
🌐 JoshBarnesLoans.com

06/06/2026

Expectation: "This house has everything on my list and it's in budget." 🏡✨

Reality: "So... the third bedroom is technically a closet with a window?" 😂

We've all been there. The good news is the right home is out there, and knowing what you can actually afford makes the search a lot less painful.

Drop your best house hunting story in the comments 👇

06/05/2026

The purchase price isn't the only number that matters.

First-time buyers often get caught off guard by costs that show up after the offer is accepted. Here are five to plan for before you close:

1. Closing costs. Typically 2 to 5% of the purchase price. Covers appraisal, title insurance, and lender fees.
2. Home inspection. Usually $300 to $500. Worth it before you commit.
3. Moving costs. Don't leave this until closing week.
4. Homeowner's insurance. Required before closing and the first year is usually paid upfront.
5. Maintenance reserve. Set aside roughly 1% of the home's value per year for repairs.

Know your full number going in. It makes the whole process a lot less stressful.

Questions about what to budget for? Reach out and we'll break it down for you.
📞 (256) 572-0343
✉️ [email protected]
🌐 JoshBarnesLoans.com

06/04/2026

A lot of first-time buyers start by scrolling listings. That's the fun part, but it's actually step two.

Step one is getting pre-approved.

Here's why it matters: pre-approval tells you your real budget before you fall in love with a home you can't finance. It also shows sellers you're serious, which can make a real difference in a competitive market.

The process is straightforward. We look at your income, credit, and debt and give you a clear picture of what you can qualify for.

No pressure. Just clarity before you start the search.

Ready to get pre-approved? Let's talk.
📞 (256) 572-0343
✉️ [email protected]
🌐 JoshBarnesLoans.com

06/03/2026

If you've been thinking about buying your first home but haven't pulled the trigger yet, what's holding you back?

Be honest. We hear these every day and there's usually a way through.

Drop your answer in the comments 👇

06/02/2026

One of the biggest myths stopping first-time buyers? Thinking you need 20% saved before you can buy.

The truth is there are loan programs that let you get started with as little as 3% down, sometimes even zero.

FHA, USDA, VA, and certain conventional loans all have low down payment options. And in Alabama, AHFA's First Step program offers below-market rates plus up to $10,000 toward your down payment.

If saving for a home feels far off, it might be closer than you think. Let's look at your options.

📞 (256) 572-0343
✉️ [email protected]
🌐 JoshBarnesLoans.com

Address

115 Manning Drive Suite A-201
Huntsville, AL
35801

Opening Hours

Monday	8:30am - 5:30pm
Tuesday	8:30am - 5:30pm
Wednesday	8:30am - 5:30pm
Thursday	8:30am - 8:30pm
Friday	8:30am - 8:30pm

Website

http://JoshBarnesLoans.com/

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