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Stated Income Mortgages

Before the financial crisis, entrepreneurs like us used to qualify for stated income home loans.

But in 2010, Congress passed the Dodd-Frank Act, which required traditional banks to follow strict lending rules and document each borrower’s ability to repay. Since then, most self-employed people who write-off expenses, and real estate investors can’t qualify for a stated income mortgage through a traditional bank.


Truss Financial Group works with non-traditional banks and financial funds that are exempt from Dodd-Frank rules.

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Truss can use your bank statements or assets to help you qualify for a stated income mortgage.

As a stated income loan lender, we’re one of very few loan companies that can offer a stated-income mortgage, even on your primary residence. Our mortgages are not “hard money” loans — you’ll be surprised how low our rates are.

Truss writes such a high volume of Stated-Income loans, that we offer some of the lowest Stated Income loan rates.

 

Checkout our new stated income home equity line of credit (HELOC)
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Truss Financial:
Proudly recognized as a Best Mortgage Lender for the self-employed

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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Stated Income Mortgages

As a self-employed small business owner, real estate investor, or entrepreneur, you legally maximize your tax deductions each year. So your tax returns don’t tell your real financial story and ability to repay a mortgage loan. As self-employed real estate investors ourselves, we understand. That’s why Truss offers Stated Income Mortgages and alternative ways to verify your ability to repay.
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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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Self-Employed Mortgages

When it comes to financing your home, being self-employed can make it difficult to qualify for a mortgage loan with low rates. But Truss Financial Group has creative ways to help you qualify and save money. We offer a variety of Self-Employed Mortgages including Stated Income loans (Non Qualified loans), Bank Statement loans, Asset Depletion loans and more. When financing a rental property, we offer Debt Service Coverage Ratio loans, and even No-Ratio loans.
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The Key to a Stated Income Mortgage: The Right Financial Story
At a traditional bank, the income shown on your W2 or 1040 tax return is unlikely to get you the loan you want. Truss understands this, and we work with you to show a more accurate financial picture using other financial statements and documents you already have. Truss makes stated income mortgages at low interest rates a reality for self-employed and real estate investors.
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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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Even if You’re an Entrepreneur, You Can Qualify
Entrepreneurs and real estate investors usually struggle to qualify for mortgage loans from traditional banks. And often they resort to financing through hard money lenders that charge exorbitant interest rates which dramatically increases home costs and decreases buying power. Truss offers a wide variety of ways to prove your ability to repay. Connect with a Truss loan officer to get the mortgage money you need at rates you can afford.

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.

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See what our clients say about us

We are humbled by the kind words of our clients. And we are happy that we were the ones to help turn their mortgage goals into reality.

First-Time Homebuyers' Delight

Suzie and the Truss Financial Group exceeded our expectations in securing our mortgage as first-time homebuyers. Suzie's expertise and guidance made the potentially daunting process incredibly smooth and manageable.

Robert F.

San Tan Valley, AZ, Software Engineer

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Great for Bank Statement Loans

I did a bank statement income loan and it chose to not include some deposits. This is just a heads up, not a complaint. Truss is definitely a good company, and I would ABSOLUTELY work with them again. Marcus was honest and helpful throughout the process.

Berj F.

Concord, CA, Business Owner

Personalized Service

"I am more than pleased to work with Delania Tak and would confidently recommend her to anyone seeking reliable assistance in securing a loan. Her commitment to excellence and personalized care make her an exceptional choice."

Howard L.

CA, Real Estate Investor

Cash-Out Refinance Made Easy

Thank you so much to Guillermo Correa and Truss Financial. They made doing my cash-out refinance a piece of cake! The interest rate was much lower than other lenders I checked with. The fees were reasonable, and the timeline was very smooth.

RealEstateLady 1.

Sandy, OR, Real Estate Broker

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Exceptional for Self-Employed

After months of struggling with other lenders, Paul at Truss Financial made it easy to complete a cash-out refinance of a new primary residence. As a small business owner and real estate investor, my income situation is complicated but Paul was able to guide me through the process with relative ease.

Baird K.

New York, NY, Small Business Owner and Real Estate Investor

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Innovative Solutions for Self-Employed

Garrett Jimenez was super creative and helpful every step of the way. Being self-employed makes getting a loan difficult. But he found ways to overcome each and every hurdle and really hit a home run for us.

Jason M.

Rancho Cucamonga, CA, Self-Employed Individual

Qualify Today For Your Stated Income Home Loan

  • 90% Loan to Value
  • 600+ Credit Score
  • Loan Amounts to $10M
  • No Tax Returns
  • Largest Access to Stated Income Lenders