Truss Financial Group Blog

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

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Understanding Debt to Income Ratio (DTI)

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

Stated Income Mortgages for the Self-Employed

If you are self-employed and looking for a mortgage, don’t get discouraged. There’s hope thanks to...

Getting a mortgage while self-employed

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

Timeline for a Stated Income Mortgage

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

Loans for Real Estate Investors: Fix and Flip

Flipping homes for a living has gotten a lot more attention in the last few years. Thanks to HGTV,...

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”...

Mortgage Rejections and The New Employment Landscape

The way people work is changing. 30-year careers with giant companies are becoming less...

Proposed Legislation Could Change Self-Employed Mortgages

The legislative response to the crash and housing bubble of 2008/2009 added protections...

3 Types of Bank Statement Mortgages for Business Owners

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

Self-Employed Mortgages Get Easier with New Bill

The way people work is changing. More than ever, we're living in a "gig economy" - where...