Truss Financial Group Blog

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#statedincomemortgages

Stated Income Mortgage Loan: The Basics

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

Self-Employed Can Expect Less Paperwork for Mortgages

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

Mortgages Without Income Verification

If you’re self-employed or work in a cash business, applying for a mortgage can be a huge...

Refinancing a Rental Property

If you own a rental property, and you’re thinking of refinancing, how exactly does this work? ...

Do Stated Income Loans Still Exist?

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

My New Blog, My First Post, and Alternative Lending

Hey friend, Phil here from A Nightmare on Loan Street Blog.  I’m just starting out, and I wanted...

Flagstar Bank No Longer Funding Nontraditional Mortgages

In another major turn of events during the COVID-19 pandemic, Michigan-based Flagstar...

Are Stated Income Loans Still Available?

Stated income loans were quite popular before the economic crisis of 2008. In the years...

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...