Winter 2018 Recently Closed Transitional Rentals

    Posted by Hannah Lapin on Feb 11, 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 November and December 2018:

    Paterson, New Jersey - 2 Unit Rental 

    2-story off-white house with fence around outside

    • 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

    2-story stone house with path to door

    • 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

    West Bronx, NY

    • 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.

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    Topics: Closed Loans