Visio July Product Updates

Posted by Hannah Lapin on Jul 1, 2019 8:00:00 AM

Whats New with Visio in July

The summer is heating up and so are our loan products. Effective July 1, 2019 we are expanding our loan product offerings to make them even more customizable to our borrowers’ needs. Visio borrowers can hand pick from several loan flavors that best fit their investment strategy. With the combination of low rates and flexible loan programs, we hope to enable investors to rapidly grow their rental portfolios this summer. Here are our new, exciting offerings:

  • We have lowered our rates! That’s right, we now have rates starting at 5.2%, with buy-downs available to 4.3%! Contact us now for a new low rate quote.
  • We have revamped our Portfolio Plus Loan Program to be an even better tool for real estate investors. Recently, we restructured our Portfolio Plus Loan Program rates to make them more attractive. Now, we are also:
    • Making our Portfolio Plus Program available on vacation rentals. As long as they are all vacation rentals, you can refinance 4-7 in one loan and one monthly payment!
    • Adding more rate buy-down options and prepayment penalty options to our Portfolio Plus Loan Program for further customization.
  • Visio is now offering a 5 Year Interest Only rate structure. Available only with our 5/1 ARM option, our new 5 Year I/O Product offers investors the option to pay interest only for five years. If the investor still has the loan at the end of that time, the loan will turn into a 25-year fully amortizing loan—no balloons!
  • We are now offering CEMA loans in New York. CEMA stands for Consolidation Extension and Modification Agreement and can help save New York borrowers lots of money for tax purposes. Learn more about CEMA

Ready to customize your Visio loan and take advantage of our LOW rates? Contact us.

Contact Us to Grow Your Rental Portfolio

Related: Complete Guide to Visio’s Residential Rental Loans

Topics: The Visio Box

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The information in this blog has been prepared solely for informational purposes. The contents are based upon or derived form information generally believed to be reliable although Visio accepts no liability with regard to the user's reliance on it. For legal advice, please contact your counsel.