Summer 2019 Transitional Rental Closed Loans

    Posted by Hannah Lapin on Sep 2, 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, 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 June and July of 2019:

    New Orleans, Louisiana - 2 Unit Rental

    NOLA 2 Unit Transitional Rental

    • Rate Structure: 7/1 ARM
    • Origination Fee: 0% (No upfront fees)
    • Loan Type: Cash-Out Refinance 
    • Loan Amount: $343,500

     

    Sunrise, Florida- Single Family Residential Rental

    Sunrise, FL SFR Rental

    • Rate Structure: 5/1 ARM
    • Origination Fee: 0% (No upfront fees)
    • Loan Type: Rate & Term Refinance
    • Loan Amount: $193, 500

     

    Cutchogue, New York- Single Family Residential Rental

    Cutchhogue, NY SFR Rental

    • Rate Structure: 5/1 ARM
    • Origination Fee: 0% (No upfront fees)
    • Loan Type: Purchase
    • Loan Amount: $448,000 

     

    East Hartford, Connecticut- Single Family Residential Rental

    East Hartford, CT SFR Rental

    • Rate Structure: 5/1 ARM
    • Origination Fee: 0% (No upfront fees)
    • Loan Type: Cash-Out Refinance
    • Loan Amount: $111,520

     

    Coloma, Michigan- Single Family Residential Rental

    Coloma, MI SFR Rental

    • Rate Structure: 5/1 ARM
    • Origination Fee: 0% (No upfront fees)
    • Loan Type: Purchase
    • Loan Amount: $276,800

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

    More Closed Loans

    Related:  Missouri Closed Loans for LandlordsAtlanta Recently Closed Rental Loans

    Topics: Closed Loans