Posted by Hannah Lapin ● Feb 11, 2019 9:00:00 AM
Winter 2018 Recently Closed Transitional Rentals
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 November and December 2018:
Paterson, New Jersey - 2 Unit Rental
- Rate Structure: 5/1 ARM
- Origination Fee: 0% (No upfront fees)
- Loan Type: Rate & Term Refinance
- Loan Amount: $154,000
Humble, Texas - Single Family Residential Rental
- Rate Structure: 5/1 ARM
- Origination Fee: 1% (Less money upfront)
- Loan Type: Rate & Term Refinance
- Loan Amount: $277,500
West Bronx, New York - 2 Units
- Rate Structure: 5/1 ARM
- Origination Fee: 1% (Less money upfront)
- Loan Type: Cash-Out Refinance
- Loan Amount: $472,500
See where we lend. Interested in our financing? Contact us to learn more.
Related: Missouri Closed Loans for Landlords, Closed Loans for Landlords in Louisiana
Topics: Closed Loans