Truss Financial Group Launches Specialized Second-Lien HELOCs for Self-Employed and Real Estate Investors
Truss Financial Group (TFG) has introduced specialized second-lien Home Equity Line of Credit (HELOC) programs designed to help homeowners access equity without refinancing their existing low-rate first mortgages. This strategy addresses the current market dilemma where rising mortgage rates make traditional refinancing unattractive for those holding older, lower-interest loans. The new offerings specifically target self-employed individuals and real estate investors through no-tax-return, bank statement, and Debt Service Coverage Ratio (DSCR) options. These programs allow borrowers to qualify based on actual cash flow or bank deposits rather than standard tax documentation, providing a solution for complex income profiles in a high-rate environment.
Tickers: $ICE
Topics: HELOC Real Estate Investing Second-lien mortgages Self-employed lending
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