Truss Financial Group Blog

Learn about stated income, bank statement, and DSCR mortgages with the Truss Financial Group blog

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#bankstatementhomeloans (4)

Self-Employed Can Expect Less Paperwork for Mortgages

Picture this…it’s 2016, and you just finished watching Stranger Things.  Whoa.  Between the 80s...

Timeline for a Stated Income Mortgage

The process of applying for a loan and getting approved has a lot of steps.  The last sentence...

Refinancing Your Home As a Real Estate Investor

Real estate can be an amazing way to generate income.  But what happens when a real estate investor...

mortgages for the self-employed, less than 1 year

You’ve done your research.  You’re thinking about a bank statement loan.  You have no idea what...

Do Stated Income Loans Still Exist?

If you’ve been doing research on a mortgage, you may have run across the term “stated income loan”...

Bank Statement Loans: What You Need to Know

In the last post, we touched on a doctor who ended up getting a bank statement loan.  Since then,...

3 Types of Bank Statement Mortgages for Business Owners

As we discussed in the previous post, bank statement mortgages are NOT considered...

How Does a Bank Statement Mortgage Program Work?

In 2018, one of the best mortgage options for self-employed people comes in the way of...

SIVA Loans vs. SISA Loans

For people with nontraditional income, acquiring a home loan can be a tough process....

The Risks of Stated Income Mortgages

The upsides of Stated Income loans are relatively clear: they provide options for those...