ThequietCloser

I share engaging blogs about mortgages

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FHA Streamline Refinance

If you already have an FHA loan, an FHA Streamline Refinance may help lower your interest rate or monthly payment with minimal paperwork. In many cases, no appraisal or income verification is required, making it one of the simplest refinance options available.

This program is designed to help homeowners reduce costs, improve cash flow, and move forward faster—especially when market conditions improve. Truss Financial Group also offers guidance for Spanish-speaking borrowers navigating the FHA process.

See if an FHA Streamline Refinance makes sense for you.

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Truss Equity Select

Truss Equity Select is built for homeowners age 55 and older who want access to home equity without adding monthly mortgage payments. This program offers flexible income requirements while allowing homeowners to stay in their home and keep ownership.

It’s a modern solution for retirement planning, covering medical expenses, supplementing income, or simply creating financial breathing room. Truss Equity Select gives homeowners more control over how and when they use their equity—without the pressure of monthly repayment.

Learn more about Truss Equity Select:

Truss Financial Group

HELOC for Seniors: How Truss Equity Select Helps You Tap Home Equity

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Digital HELOC

Paperwork shouldn’t slow down your access to equity. With Truss Financial Group’s digital HELOC, much of the process happens online, from income verification to document uploads.

That means fewer emails, fewer back-and-forth requests, and faster decisions.

Digital HELOCs are ideal for homeowners who value speed, convenience, and transparency. Whether you’re planning a renovation or need flexible funds for future use, this streamlined approach keeps things simple while maintaining security and accuracy.

See how a digital HELOC works at Truss Financial Group:

Home Equity Line of Credit (HELOC)

Access your home's equity with a flexible HELOC, no tax returns needed. Enjoy competitive rates, interest only payments, and fast funding op

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DSCR HELOC – New Truss Product

New at Truss Financial Group: the DSCR HELOC, designed specifically for real estate investors. Instead of qualifying based on your personal income, this program looks at your property’s cash flow.

That makes it a strong option for investors who are self-employed, scaling their portfolios, or reinvesting rental income.

Whether you’re upgrading a rental, pulling cash for your next deal, or simply want flexible access to equity, a DSCR HELOC can help you move without refinancing your entire loan.

Explore Truss Financial Group’s new DSCR HELOC program

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No-Appraisal HELOC

Accessing your home equity shouldn’t take weeks. With a no-appraisal HELOC, Truss Financial Group helps qualified homeowners tap into their equity without a traditional in-person appraisal.

Instead of scheduling inspections and paying appraisal fees, digital valuation tools are used to speed up the process.

This option is ideal for homeowners who need funds for renovations, debt consolidation, or large expenses, without disrupting their existing mortgage. The result? Faster approvals, fewer delays, and a smoother experience from start to finish.

Learn how a no-appraisal HELOC could work for you: https://trussfinancialgroup.com/blog/fast-track-your-equity-the-no-appraisal-heloc-application-explained

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Financing a Home Renovation? You Have More Options Than You Think

If you’re remodeling a kitchen, adding an ADU, or bringing an older home up to code, you can choose from: • Renovation-focused HELOANs • Large-limit HELOCs • First-position HELOCs • HELOCs on rental properties, which used to be rare The rental-property HELOCs help investors who want to upgrade units or boost rents without refinancing into a higher rate. Renovation financing has gotten way more flexible in the last two years. i learnt it here: https://trussfinancialgroup.com/blog/home-renovation-loans

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Bank-Statement HELOCs Is Now a Lifeline for Self-Employed People

Traditional HELOCs look at tax returns. But if you're self-employed, your tax return usually looks worse than your real income. Bank-statement HELOCs now use 12–24 months of deposits to measure cash flow. This is helpful for: • Gig workers • Freelancers • Business owners with write-offs Some lenders also pair this with digital appraisals — meaning fewer headaches and faster closings. check out the different bank statement you need in this blog: https://trussfinancialgroup.com/blog/how-many-bank-statements-for-heloc

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HELOCs Up to $750K+ Are Becoming Way More Common

If you’ve built strong equity, lenders are now offering HELOC limits at $750,000 and higher. A lot of these are coming through digital HELOC platforms where your income and home data are verified online instead of through three weeks of paperwork. This helps: • Self-employed borrowers • Anyone with multiple income streams • Homeowners who need money for big projects or debt payoffs The biggest shift is speed — many digital HELOCs close in under two weeks. read more: https://trussfinancialgroup.com/blog/heloc-up-to-750000

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Texas HELOC Rules Are Still Strict, But New Options Are Opening Up

If you’re in Texas, you already know HELOC rules are a different world. But Truss Financial Group is now offering Texas HELOCs with faster digital processing and even first-position HELOC structures for people who want to replace their entire mortgage. These work well for: • Homeowners avoiding a full refinance • People needing quick access for renovations • Investors wanting to keep cash flow open The biggest improvement: fewer paper docs and more digital verification.

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New DSCR Hybrid Loan Options for Investors (Even When DSCR < 1)

A lot of investors think DSCR loans are off the table if their property doesn’t cash-flow strong enough. That used to be true. But new DSCR hybrid programs by Truss Financial Group mix bank-statement underwriting with rental income instead of using DSCR alone. This means you can sometimes qualify even when the DSCR is under 1.0.

Good for: • New STR investors • Turnover-heavy rentals • Properties mid-renovation • Borrowers with strong personal deposits but weaker DSCR These programs are giving investors a real alternative when traditional DSCR lenders say no.

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Raw Edge Countertop

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Can You Qualify For Asset Depletion Loans Without a Job?

Yes, if you have significant assets. Truss Financial Group Asset Depletion Mortgages use your savings, investments, or retirement funds to calculate qualifying income, dividing them over a fixed term (usually 10 years). It’s an excellent solution for retirees or high-net-worth borrowers who are “asset-rich” but lack steady income.

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How Fast Can You Get a Digital HELOC?

TFG's Digital HELOCs are revolutionizing home equity access, approvals can take just days, not weeks. With Truss Financial Group, you can apply online, get instant pre-approval, and access your funds without refinancing your first mortgage. Perfect for home improvements or debt consolidation.

🔗 See how a Digital HELOC works

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What Is a Hybrid Short-Term Rental (STR) Mortgage?

A Hybrid STR Mortgage blends the benefits of a traditional mortgage with the flexibility of DSCR lending. It’s designed for Airbnb and short-term rental investors who want to qualify using rental income, without losing long-term rate stability. This hybrid structure gives investors more control and better returns in 2025’s evolving market.

🔗 Discover Hybrid STR Loan details

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How Much Can You Borrow with a Jumbo Loan?

In 2025, any loan amount over $766,550 in most areas is considered a jumbo loan. Truss Financial Group offers jumbo financing up to several million dollars for high-value homes, second properties, or luxury real estate. These loans come with competitive rates and flexible terms for qualified borrowers.

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What’s a Good DSCR Ratio for Investors?

A Debt Service Coverage Ratio (DSCR) of 1.0 or higher shows your property’s rental income can cover the mortgage payment. Investors with higher ratios around 1.25 to 1.5, often qualify for better rates and lower risk assessments. DSCR loans let you qualify based on property performance, not personal income.

🔗 Read about DSCR Loans for Investors

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How Do Bank Statement Loans Work for Self-Employed Borrowers?

Instead of tax returns, bank statement loans use 12–24 months of business or personal deposits to verify income. This option is ideal for entrepreneurs, gig workers, and freelancers who don’t have traditional W-2 income. It’s a smart path for those whose tax write-offs make their income appear lower on paper.

Explore Bank Statement Loan options