California-based mortgage company Truss Financial Group has launched TFG Rate Guarantee, a non-QM loan program designed for self-employed individuals and real estate investors.
According to the company’s release, the program “allows potential buyers to take advantage of current declining prices by offering a free refinance opportunity in 2024.” Founded in 2006, Truss Financial Group offers a variety of non-QM loans, including stated income, bank statements, debt service coverage ratio (DSCR), hard money, and fix and flip mortgages.
“Non-QM mortgages allow these borrowers to purchase or refinance their homes and invest in real estate, which can help drive economic growth and stimulate local communities,” said TFG chief executive Jeff Miller.