Truss Financial Group Blog

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

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#nodocmortgage

The Resurgence of No-Doc Mortgages in 2023: Challenges, Risks, and How to Successfully Apply

In the realm of home buying, a stated income mortgage, or "no-doc" mortgage, used to be a popular...

Unraveling the Mystery: A Deep Dive into No Doc Mortgages and Similar Products

In the ever-evolving landscape of home financing, navigating the myriad mortgage products can be...

Navigating Mortgage Approval as a Self-Employed Individual with No Doc Mortgages

Being self-employed is both a rewarding and challenging experience. While it gives you the freedom...

Mortgages for the Self-Employed: What You Need to Know

According to the U.S. Small Business Administration there are over 31 Million small businesses in...

The Basics of a No-Doc Loan and Mortgage Options Without Income Verification

When applying for a traditional mortgage from a big bank, borrowers have to follow a very tedious...

Understanding Debt to Income Ratio (DTI)

Is the terminology of the mortgage process making your head spin? If you’re out there looking at...

Can a self-employed person get a mortgage?

The mortgage process can be difficult. Like trying to interpret the movie Inception. By the time it...

what is a bank statement loan?

Back in high school, CliffsNotes were all the rage. They provided a summary of books so you got the...

Getting a mortgage while self-employed

You’ve been reading up on stated income mortgages, and the search results are not good. Your search...

proof of income for mortgage self employed

There are a lot of people out there seeking a mortgage that don’t qualify based on the documents...