Spring 2019 Transitional Rental Closed Loans

Posted by Hannah Lapin on May 20, 2019 9:00:00 AM

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 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 March and April of 2019:

North Arlington, New Jersey- Single Family Residential Rental

North Arlington, NJ SFR

  • Rate Structure: 5/1 ARM
  • Origination Fee: 0% (No upfront fees)
  • Loan Type: Purchase
  • Loan Amount: $345,000


Albany, New York - 2 Unit Rental

Albany, NY 2 Units

  • Rate Structure: 7/1 ARM
  • Origination Fee: 0% (No upfront fees)
  • Loan Type: Rate & Term Refinance
  • Loan Amount: $142,250


Lockport, Illinois - Single Family Residential Rental

Illinois SFR

  • Rate Structure: 5/1 ARM
  • Origination Fee: 0% (No upfront fees)
  • Loan Type: Cash-Out Refinance
  • Loan Amount: $133,000

See where we lend. Interested in our financing? Contact us to learn more.

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Topics: Closed Loans