No Doc Mortgages

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Self-employed or a real estate investor?
You know how hard it is to qualify for a mortgage. 


Truss Financial Group can help you qualify and get the best rate, term, and fees. We offer “No-Doc” mortgages at the lowest possible rates when needed, but we also offer a variety of alternative mortgages to keep your rates and fees even lower.


Your Truss loan officer will help you determine the ideal loan for your situation. 

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In some situations, a “No Doc” mortgage is the best or only option. 

That’s a loan that requires no documentation of income or ability to repay. No Doc loans are sometimes known as a No Tax Return Mortgage or a No Income Verification Mortgage. And typically, “no-doc” mortgages are handled by Hard Money lenders that charge super-high rates. Usually, we can help you avoid that. For example, when financing your primary residence, we can offer a Bank Statement Loan. When financing a rental property, a Debt Service Coverage Ratio (or DSCR) loan might offer the best rates.

Talk to Truss. Find out how easy it is to get the mortgage money you need at the lowest possible rates.

 

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TrussFinancial:
Proudly recognized as a Best Mortgage Lender for the self-employed and real estate investors


We offer a wide array of home loans for the self-employed, including Stated Income loans (a/k/a NonQualified loans). We offer Bank Statement loans, Asset Depletion loans and more. And if you’re trying to finance a rental property, we offer DSCR loans based on Debt Service Coverage Ratio, and even “No-Ratio” loans.

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No Doc
Mortgages


No Doc Mortgages
don't require any documentation of income or proof of ability to repay. So if you're looking for a no income verification mortgage, a home loan without tax returns or to refinance with no income, you may need a true No Doc loan. But in many cases, we have ways to help you qualify with lower rates and fees. 

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Bank Statement Mortgages


If your business shows consistent income, a Bank Statement Mortgage can help you qualify for a mortgage despite taking many write-offs. We use anywhere from 3-24 months of your business or personal bank statement deposit history, then divide it in half to compensate for your expenses. We use the resulting number to document your monthly income and help you qualify for a low-rate mortgage loan.

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Debt Service Coverage Ratio Mortgages


Unlike traditional banks, Truss offers Debt Service Coverage Ratio (DSCR) loans that use the cash flow from your properties to qualify. As long as the rental income covers your debt service, you’ll qualify. We also offer a “no ratio” loan for situations where rental income doesn’t cover the debt. If the rental property has a tenant, and you have 25% equity or more and a strong FICO score, we’ll write the loan.

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When all else fails, a No Doc Loan can make it happen.

Sometimes, a person who’s self-employed or a real estate investor has no way to document income or to prove they can repay a mortgage loan. In these cases, a No Doc loan offers offer opportunities other loans can’t.
Often, Truss Financial can help you avoid the kind of high rates and fees charged by Hard Money lenders. We can offer a Bank Statement Loan for your primary residence, or a Debt Service Coverage Ratio (or DSCR) loan when financing a rental property.

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Do You Expense Your Personal Life Through The Business?

Deducting expenses through your business is smart. It’s a common entrepreneurial practice that makes it nearly impossible to qualify for most mortgages. But not with a Bank Statement mortgage from Truss.
We use either your business or personal bank statement deposit history, and divide it in half to compensate for expenses. This yields a monthly income figure that qualifies you for a no-income-verification loan at a surprisingly low rate. A Profit/Loss Statement from your CPA may help you qualify for even more.

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Cash Flow Loans for Real Estate Investors

Many real estate investors have trouble qualifying for mortgage loans at reasonable rates. They're often forced into hard-money loans with a rate of 8, 9, 10% or higher. Not with Truss Financial group.
Unlike traditional banks, Truss offers Debt Service Coverage Ratio (DSCR) loans. As long as the rental income covers your debt service, you’ll qualify. We offer 30-year fixed-rate loans from $100,000 thousand to $3,000,000. No personal income or tax returns needed, and you’ll never sign a 4506. With Truss, you can even fund into an LLC and non-warrantable condos are welcome.

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Built by entrepreneurs for entrepreneurs™

Jeff Miller and Jason Nichols created Truss Financial Group to help clients avoid the disappointments they themselves had experienced as self-employed real estate investors. After the financial crisis of 2008, and in the wake of greater government regulation of traditional banks, Jeff and Jason got tired of applying for mainstream mortgages, getting denied, and resorting to hard money loans at high rates.

They solved their own problem by bringing together a group of non-traditional banks and financial funds specifically to support the self-employed and real estate investors. Now with decades of experience and an expert mortgage lending team, you won’t find advisors with a greater ability to help you qualify for the loan you need at the lowest possible rate.

“Like most people I got hit hard by the financial crisis. With a short sale on my record, Wells Fargo, Bank of America, and Chase wouldn't write me a loan. But my real estate agent referred me to Truss Financial and they helped me qualify.”
business man
“I have excellent credit and income, and have been banking with Bank of America for over 20 years. When I needed a loan quickly, B of A couldn’t fund it fast enough. I turned to Truss and Jeff got the loan funded in 15 days.”
business woman
“I’m self-employed and wanted to buy an investment property. I was declined by multiple banks because my tax returns don’t show enough income. My CPA referred me to Truss because they could use my business bank statements to qualify. So glad I made the call, because they got me approved.”
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Qualify For Your No-Doc Loan or Alternative Mortgage Loan Today

✔ Option for No Income Verification

✔ Low Rates — Not a Hard Money Loan

✔ Loan Amounts to $10M

✔ No Tax Returns

✔ Largest Access to Stated Income Loans and Lenders