https://blog.cfcmtg.com/tags/dscr/Recent content in Dscr on Coastal Funding BlogHugoen-usWed, 21 Oct 2026 07:00:00 -0500https://blog.cfcmtg.com/posts/dscr-loan-guide/Wed, 21 Oct 2026 06:15:00 -0500https://blog.cfcmtg.com/posts/dscr-loan-guide/<p><strong>A DSCR loan is an investment-property mortgage that qualifies you mainly on the property&rsquo;s rental income instead of your personal income. Lenders divide the monthly rent by the monthly housing payment. If the rent covers the payment, you may qualify, even if your tax returns don&rsquo;t show a big salary.</strong></p> <h2 id="key-takeaways">Key Takeaways</h2> <ul> <li><strong>DSCR = monthly rent ÷ monthly PITIA</strong> (principal, interest, taxes, insurance, and HOA dues).</li> <li>A DSCR of <strong>1.0 or higher</strong> means the rent covers the payment. Many lenders look for that.</li> <li>DSCR loans are for <strong>investment properties only</strong>, not your primary home.</li> <li>They&rsquo;re popular with <strong>self-employed borrowers</strong> and investors who own several rentals.</li> <li>Coastal Funding Corporation offers <strong>DSCR loans nationwide</strong>.</li> </ul> <h2 id="what-is-a-dscr-loan">What Is a DSCR Loan?</h2> <p>Most home loans look at your <strong>debt-to-income ratio (DTI)</strong>. That means your pay stubs, W-2s, or tax returns. A DSCR loan flips that around. It asks one main question: <strong>Does this property pay for itself?</strong></p>https://blog.cfcmtg.com/posts/scary-mortgage-myths-halloween-2026/Sun, 18 Oct 2026 00:00:00 +0000https://blog.cfcmtg.com/posts/scary-mortgage-myths-halloween-2026/<p><strong>The biggest mortgage myths are that you need 20% down, perfect credit, and a perfect time to buy. They don&rsquo;t hold up. Many loans allow 0% to 3.5% down, government-backed programs have flexible credit rules, and waiting has risks too. Here are five scary mortgage myths, busted, plus where rates stand this October.</strong></p> <h2 id="key-takeaways">Key Takeaways</h2> <ul> <li><strong>You don&rsquo;t need 20% down.</strong> Conventional loans can start at 3%, FHA at 3.5%, and eligible VA and USDA borrowers may put 0% down.</li> <li><strong>Credit doesn&rsquo;t have to be perfect.</strong> FHA guidelines are built to be flexible.</li> <li><strong>Rate shopping won&rsquo;t haunt your credit.</strong> Multiple mortgage inquiries in a short window generally count as one.</li> <li><strong>Rates:</strong> Freddie Mac&rsquo;s 30-year average was 7.40% the week of October 15, 2026.</li> <li><strong>Investors</strong> may qualify on rental income with a DSCR loan.</li> </ul> <p>Halloween is the one time of year when a little fright is fun. Buying a home shouldn&rsquo;t be scary, though. Below, we bust five of the most common mortgage myths, share where rates stand, and lay out the tricks and treats of buying a home this fall.</p>