At Visio Lending, we've closed over 6,000 loans across the country and are continually helping investors grow their rental and vacation portfolios. Our flexible loan programs can be customized to your needs as a landlord. For instance, the investor who is seizing an opportunity to buy the right property and wants to have options, can choose our 5/1 ARM, 5 Year Interest Only, or 7/1 ARM and pay less in fees. Here are some examples of what we've coined as "Transitional Rentals" that have closed in September and October of 2019:
Lemont, Illinois - Single Family Residential Rental
- Loan Amount: $182,000
- Rate Structure: 5/1 ARM
- Origination Fee: 0% (No upfront fees)
- Loan Type: Rate & Term Refinance
Fall River, Massachusetts - 3 Unit Rental
- Loan Amount: $198,750
- Rate Structure: 7/1 ARM
- Origination Fee: 0% (No upfront fees)
- Loan Type: Cash-Out Refinance
Charleston, South Carolina - Single Family Residential Rental
- Loan Amount: $375,500
- Rate Structure: 5/1 ARM
- Origination Fee: 1% (Less upfront fees)
- Loan Type: Rate & Term Refinance
Holly, Michigan - Single Family Residential Rental
- Loan Amount: $140,250
- Rate Structure: 5/1 ARM
- Origination Fee: 0% (No upfront fees)
- Loan Type: Rate & Term Refinance
Phoenixville, Pennsylvania - Single Family Residential Rental
- Loan Amount: $115,800
- Rate Structure: 5/1 ARM
- Origination Fee: 1% (Less upfront fees)
- Loan Type: Cash-Out Refinance
Have you heard? We've added Small Balance Commercial loan options! Find out more here.
Related: Missouri Closed Loans for Landlords, Atlanta Recently Closed Rental Loans