Ladera Ranch, CA – Truss Financial Group (TFG), a mortgage company that specializes in non-qualified mortgage programs, is working on a new program designed specifically for business owners, entrepreneurs, and real estate investors. 

The TFG Rate Guarantee Program allows these unique home buyers, who may not meet the traditional underwriting standards set by banks and other conventional lenders, to participate in a free refinance opportunity in 2024. Potential homeowners and investors can purchase real estate now and take advantage of lower rates in the future. The TFG Rate Guarantee Program is designed to help clients take advantage of declining home prices and secure financing even if they don’t meet the specific standards set by banks and other conventional lenders.

Offering the TFG Rate Guarantee program is integral to the growth of Truss Financial Group as it provides a unique solution for buyers who are hesitant to make a purchase due to the current trend of rising interest rates. This free refinancing opportunity gives TFG a competitive advantage in a challenging market, and allows the firm a chance to demonstrate its commitment to using creative solutions to provide clients with customized financing options. This, in turn, helps the company establish itself as a trusted partner for these borrowers and can drive growth and expand its customer base.

CEO and founder Jeff Miller shares that the TFG Rate Guarantee Program was conceived due to the fact that many of TFG’s clients shared a growing reluctance to purchase real estate, giving recent rate increases. “The TFG Rate Guarantee Program is a unique opportunity for buyers to feel confident about making a purchase during a time of uncertainty in the housing market,” Miller says. “This new program is part of our portfolio of creative loan solutions designed to meet the often complex needs of self-employed real estate buyers.”

He refers to the fact that TFG specializes in “non-qualified mortgages” (NonQM), such as stated income mortgages, bank statement mortgages, Debt Service Coverage Ratio/DSCR mortgages, no doc mortgages, hard money mortgages, and fix & flip mortgages. “The mortgage industry has been subject to stricter underwriting standards since the 2008 financial crisis,” Miller states. “As a result, most conventional mortgage lenders and banks are no longer offering stated income mortgages, as they are not classified as ‘qualified mortgages’.”

To overcome this challenge, Truss Financial Group has established partnerships with smaller lenders to provide financing options for the self-employed. The company utilizes a unique approach to help self-employed borrowers get approved for a mortgage, such as using their last 12 months of bank statement deposits as their income. In addition, TFG has established relationships with multiple well-capitalized banks, including Fortune 500 level financial services firms, which provide the funding necessary to focus on meeting the needs of self-employed real estate buyers.

“Due to this financial backing, we’ve been able to offer our clients a range of mortgage options to meet their specific needs,” Miller says. “We’ve been able to help thousands of business owners and real estate investors purchase real estate, even with unpredictable income. It’s due to this backing that we’re able to offer our new free refinancing program, with the hopes that it will encourage entrepreneurs and investors to make those real estate purchases with confidence.”

Truss Financial Group employs an experienced team of mortgage brokers with personal experience as real estate investors, and this has given the firm a unique perspective on the struggles faced by self-employed borrowers in need of mortgage financing. With over 20 years of experience in the mortgage industry, TFG was founded to serve small business owners and real estate investors.

Truss Financial Group is a mortgage company that specializes in providing financing solutions for self-employed individuals and real estate investors who may not meet the traditional underwriting standards set by banks and other conventional lenders. The company offers various types of non-qualified mortgage programs, such as stated income mortgages, bank statement mortgages, Debt Service Coverage Ratio (DSCR) mortgages, hard money mortgages, and fix & flip mortgages, which are designed specifically for self-employed and real estate investors. Truss Financial Group was founded in 2006 and is based in Ladera Ranch, California.

Website: https://trussfinancialgroup.com/ 

Contact: Jason Nichols at [email protected]