Visio Designated a Fast 50 Company by Austin Business Journal

Chosen Among an Elite Group of Companies, Visio Named One of the 50 Fastest Growing Companies in Austin

Austin, Texas—September 21, 2016—Visio Lending has been named one of Austin’s 50 fastest growing companies by the Austin Business Journal in their highly sought-after Fast 50 award as Visio emerges a leader in the developing landlord finance industry. Visio’s ranking as a Fast 50 company illustrates their commitment to the growing asset class of real estate investors looking to expand their rental portfolios, grow their small businesses and build their equity.

“We are honored to be named a Fast 50 company by the Austin Business Journal and to be listed among such innovative companies right here in Austin,” Jeff Ball, CEO, said. “We expect the monumental growth that we’ve experienced in the last several years to only continue as we expand our leadership and dedication to the Austin community.”

Visio has grown to include 66 employees since being founded in 2011 and has since originated nearly 4,000 loans for more than $58 Million. They also just announced the opening of their first satellite office in Atlanta, Ga. due to an increase in loan originations in the area. Substantial revenue growth in the prior three years is one of the requirements to qualify for Fast 50.

“As the population of renters continues to climb, landlords require financing from a lender who understands their needs,” Ball said. “We saw a gap in financing opportunities for landlords who want the lower rates and dependability of a bank, but the speed of private or hard money lenders. We offer the perfect combination of a quick close and limited documentation, while still offering lower rates and fees.”

Visio will be honored at the Austin Business Journal event, Oct. 27, 2016, with the other Fast 50 award winners where rankings will be announced. For more information about Austin Business Journal’s Fast 50 visit http://bit.do/Fast50.  

About Visio Lending
As the leader in landlord finance, Visio Lending is revolutionizing a new era of real estate investing. While the population of renters continues to climb, landlords require financing from a lender who understands their needs. Accredited by the Better Business Bureau, and available in 34 states across the country, Visio is fully capitalized and always ready to lend. Dedicated to serving the under-served landlord investor space, they focus on bringing long-term financing to investors with multiple rental properties and have funded nearly 4,000 loans in the last five years alone. Visit www.visiolending.com for more information.

Media Contact
Lydia Adams
lydia.adams@visiolending.com
512.334.1448
 

Visio Lending Opens Office, Hires Dedicated Account Executives in Atlanta

First Office Outside of Austin, Texas Opens to Prepare for Robust Real Estate Investment Market 

Austin, Texas—September 7, 2016—In response to the robust real estate market and increased landlord loan originations in Atlanta, Ga., Visio Lending is pleased to announce the opening of their first location outside of their corporate office in Austin, Tex. as well as the hiring of Michael Braswell and Kweillin “KG” Gordon as local Account Executives dedicated to serving residential real estate investors, landlords and brokers in the greater Atlanta area.

“All of our research indicates that residential investing, especially in regard to rental properties, remains hyper-local and fragmented. Investors want to build their small business with a lender right in their backyard,” Jeff Ball, CEO of Visio Lending said. “We chose to open our first satellite office in Atlanta due to the growth in real estate there and the great future we see for building up our client base. We couldn’t be happier to have local team members on the ground who know the ins-and-outs of Atlanta residential real estate.”

Visio offers loans to landlords focused on building rental portfolios. Specializing in landlord finance, Visio is committed to providing landlords with the ultimate borrowing experience. As one of the hottest real estate markets post-recession and with increasing rent prices and new home starts up 8% since last year, Atlanta remains one the best places in the country for landlords. In fact, Visio’s own Residential Real Estate Investor Report named Georgia as number two of the top states for residential real estate investors last year.

“This new venture represents our commitment to the community of landlords in Atlanta, and the residential real estate investment industry as a whole,” Ball said. “We take great care in whom we hire, and both KG and Michael exemplify our values of bringing fast, simple and dependable financing to residential investors as we revolutionize the landlord financing space.”

Michael has more than four years’ experience originating loans and was a top mortgage banker for Chase Bank in Georgia. He comes to Visio from True Serene, and is a graduate of Morehouse College with a Bachelor’s Degree in Finance. An investor in real estate since 2014, Kweillin joins Visio from Redfin Realty, where he held a position of Associate Real Estate Agent. Kweillin is a graduate from Georgia Southern University and holds an MBA from Troy University at Troy, AL.

The new Visio office is located at 3340 Peachtree Road, N.E., Suite 1010, Atlanta, Georgia 30326, and will be the home base of operations in Atlanta. There will be a Grand Opening on-site on Sept. 20, 2016 at 6:00 p.m.

About Visio Lending
As the leader in landlord finance, Visio Lending is revolutionizing a new era of real estate investing. While the population of renters continues to climb, landlords require financing from a lender who understands their needs. Accredited by the Better Business Bureau, and available in 34 states across the country, Visio is fully capitalized and always ready to lend. Dedicated to serving the under-served landlord investor space, they focus on bringing long-term financing to investors with multiple rental properties and have funded nearly 4,000 loans in the last five years alone. Visit www.visiolending.com for more information.

Media Contact
Lydia Adams
lydia.adams@visiolending.com
512.334.1448

Visio Improves Customer Automation, Offers Full Suite of Products

Real Estate Lender Prepares for a Robust 2016 with Online Application, Streamlined Process

Austin, TX—January 21, 2016—Visio Financial Services, one of the leading residential real estate marketplace lenders in the U.S., today unveiled their improved website with online application, chat capabilities and interactive loan selector, which features a full suite of products from short-term flip loans to long-term fully amortized 30-year mortgages.

The lender, who has completed more than 3,500 loans since their founding in 2011, counts customer automation and enhanced efficiency as major achievements in 2015, while retaining one-on-one service and quality investor-only loan programs as foundations to their unique lending platform.

“We understand the needs of residential real estate investors,” Jeff Ball, CEO of Visio said. “It’s a combination of the right loan products, low rates, unparalleled customer service and efficient closings. Everything we have done to this point has been to fulfill our promise of fast, simple and dependable investor lending.”

Designed with the customer in mind, Visio’s new online features allow borrowers to work with Account Executives both via phone and web, including the ability to upload documents directly to their CRM, saving time in the loan process. Currently Visio’s processing time from application to close is two to three weeks depending on loan complexity, significantly shorter than traditional mortgage lenders that can take months.

“A landlord or flip investor’s timeline is far more expedited than the average homeowner,” Ball said. “They need a loan quickly when purchasing a new home or taking cash out of existing properties to build up their rental portfolios or flip more homes each year. We streamlined our process with the goal of a destination website, and we expect to improve not only our technology, but also our customer interaction in tandem throughout the coming year.”

Residential investors can visit www.visiolending.com to view available loan products, including the premier Rental360 long-term landlord loan, which offers rates as low as 6.5% and LTVs up to 75% to qualified borrowers.

About Visio Financial Services
Since the company’s founding in 2011, Visio has grown to become one of the largest lenders of its kind, funding more than 3,500 residential real estate loans to investors. As the founders of Inc. 500 award-winner Econohomes, a seller of sub-$100,000 investment properties across the country, Visio’s leadership saw the gap in the mortgage market for residential real estate investors and created a solution to meet their needs. To date, the company has raised more than $100 million in debt and equity capital to provide real estate loans to investors in 34 states. 

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Media Contact
Lydia Adams
lydia.adams@visiolending.com
(512) 334-1448

 

[Press Release] Visio Announces the Rental360, Their First Fully Amortizing 30-Year Loan for Residential Investors

Amid Booming Rental Market, Visio Fills the Lending Gap for Non-Institutional Real Estate Investors

Austin, TX—Sept. 17, 2015—Visio Financial Services, one of the leading residential real estate marketplace lenders in the U.S., announced today that they have expanded their loan offerings to include a 30-year fully amortizing landlord loan at industry-leading rates as low as 6.9% and LTVs up to 75%, filling the gap for long-term investor financing in a thriving rental market.

“Our new Rental360 is the perfect long-term product for residential real estate investors to unlock trapped equity to further grow their portfolios,” said Visio CEO, Jeff Ball. “This new offering rounds out our existing loan products, which include everything from no-doc, 12-month fix-and-flip loans to now, low-doc, 30-year-term loans with no balloon. This revolutionary loan product provides landlords with much needed financing as they redevelop houses into quality affordable rental homes in communities across the country.”

The rental market continues to grow, indicating a shift from home ownership to renting. The U.S. Census Bureau’s Housing Vacancy Survey (HVS) reported that the U.S. rental vacancy rate (rate of unoccupied units) dropped to 6.8 percent in the second quarter of 2015, the lowest level since 1985. While small residential investors make up the vast majority of owners of these rental properties, their financing options have long been limited.

According to Visio’s 2015 Residential Real Estate Investor Report, 92% of full-time residential investors lack the necessary capital to grow their businesses, while part-time residential investors cited difficulty accessing capital (35%) and a shortage of money to do more deals (58%) as major impediments to going full time.

“Landlords have had few long-term lending options through both traditional and hard money sources, until now.” Ball said. “There remains a great opportunity to build or expand rental portfolios of residential rental properties, offering great risk-adjusted returns and the possibility of hedging against future inflation risk. As this market expands, Visio will be ready with loan products created specifically for residential investors who employ varying investment strategies.”  

To view all of Visio’s loan products, use their unique online loan selector, which automatically matches Visio's lending options to borrowers' specific needs, using just a half-dozen pieces of information.

About Visio Financial Services
Since the company’s founding in 2011, Visio has grown to become one of the largest lenders of its kind, funding more than 3,000 residential real estate loans to investors. As the founders of Inc. 500 award-winner Econohomes, a seller of sub-$100,000 investment properties across the country, Visio’s leadership saw the gap in the mortgage market for residential real estate investors and created a solution to meet their needs. To date, the company has raised more than $100 million in debt and equity capital to provide real estate loans to investors in 22 states. 

Media Contact
Lydia Adams
lydia.adams@visiolending.com
(512) 334-1448

Visio's Jeff Ball Looks to Overcome Challenge of Remote Due Diligence

By: Tony Zerucha, Bankless Times

The President and CEO of a leading residential real estate investment lender says there are unique challenges in growing a real estate-focused platform into a national entity.

Jeff Ball said underwriting real estate transactions is a challenge for platforms because no one has created the methodology and technology to perform remote due diligence.

In contrast, with unsecured consumer lending credit scores are predictive of consumer behavior regardless of where the applicant lives, he explained.

“The hard part of lending in real estate, especially remotely, is the challenge posed with assessing the property’s condition and the area it is in,” Mr. Ball said.

This problem is especially acute in certain areas of major cities where revitalization efforts are taking place. In areas of Baltimore and Philadelphia, for example, some blocks can feature five or six houses which have been redeveloped and which are in good shape. A half-block down the street, someone may want to renovate a house between an empty lot and a burned-out home.

Tough to see that when you are working several states away.

One step Visio takes is to verify the borrower’s experience level, Mr. Ball said. If they have previously borrowed for several successful “fix and flips,” this says the borrower has at least some idea of the work involved and how much profit those efforts can reasonably expect to generate.

Another challenge for real estate lending platforms is finding enough quality deals they can cost effectively perform due diligence on and present to investors, Mr. Ball said.

This problem is especially acute for remote lenders, Mr. Ball said.

“The risk for (remote) platforms is they get negatively selected,” he explained. “If you are not the local guy you can get taken because if a local lender liked the deal they would have done it.”

Platforms can attract better quality deals by providing access to flexible and cheaper capital that gives them a cost advantage, Mr. Ball said.

During and immediately following the mortgage crisis, many people challenged a company’s ability to foreclose on a property. As loans were packaged and repackaged, it was hard to track ownership and keep proper files.

“Collateral agents hold the original loan files,” Mr. Ball said.

More attention is being paid to how the different lending platforms will react when the market hits a down part of the cycle. Mr. Ball believes it is sensible to assume those companies which combine decades of industry knowledge with technical expertise will fare better than those whose founders are great with technology but have scant experience in the field.

“Many of these underwriting models have not been tested through down cycles and I believe they are underpricing risk,” Mr. Ball said.

Read the full article here.

Epic Real Estate with Matt Theriault

Today’s guest is providing another great resource for investors looking to finance their next deals.  Matt is interviewing Jeff Ball, CEO of Visio Financial Services, a private lending company focused on helping residential investors succeed by offering unique mortgage loans.  Jeff explains how Visio is different from bank and hard money loans and what he predicts for the future of real estate investing.  Enjoy!

6 Ways States are Luring Small Business

By: Elaine Pofeldt, CNBC

Which states are the most attractive to small businesses? And why are businesses flocking to certain parts of the country? There are plenty of ways that states and cities can remain competitive when building and keeping a strong economy.

One way, according to Visio CEO Jeff Ball is to focus on a well-educated labor pool. Based in Austin, Texas Visio has been able to attract and retain top talent from the University of Texas system.

"Our business is really driven by our people," said Ball. "There is a pretty good balance of supply and demand here in Texas." And the cost of living, while not cheap, isn't prohibitive to recent graduates, he noted. "Texas is a pretty affordable place to live," said Ball. "It's an attractive place for millennials to come."

Read the full article here.

Regulation A+: What Do Industry Leaders Think About The New Investment Crowdfunding Exemption

BY: JD ALOIS, Crowdfund Insider 

Title IV of the JOBS Act became an actionable exemption as of June 19, 2015. The highly anticipated exemption known as a Reg A+, was enacted in an effort to fix a previously untenable securities rule. Issuers may raise up to $50 million in securities which are freely transferable. Visio CEO, Jeff Ball gave his take on the new possibilities with Reg A+.

"I’m interested to see how companies utilize the ‘testing the waters’ provision of Reg A+ to see how effective it will really be," Ball said. "We plan to observe the successes and challenges other companies face before making a move. As we’ve seen in the past, many times these new regulations don’t necessarily make it easier to raise capital, despite their good intentions."

To read the full article and more insight into Reg A+, click here.