The Visio Blog | Visio Lending

Winter 2020 Permanent Rental Closed Loans

Written by Hannah Lapin | Mar 9, 2020 2:00:00 PM

At Visio Lending, we've closed over 8,000 loans across the country and are continually helping investors grow their rental and vacation portfolios. Our flexible loan programs can be customized to meet your investment needs. For instance,  the investor who is building a legacy of rental properties to give to their heirs and keep in the family forever, can choose our 30-year terms and buy their rates down. Here are some examples of what we've coined as "Permanent Rentals" that have closed in January and February of 2020:

Cartersville, Georgia - Single Family Residential Rental

  • Loan Amount: $146,250
  • Rate Structure: 30-Year Fixed
  • Origination Fee: 5% (Buy down rates by .8 pts)
  • Loan Type: Cash-Out Refinance

Naperville, Illinois - Single Family Residential Rental

  • Loan Amount: $206,250
  • Rate Structure: 30-Year Fixed
  • Origination Fee: 3% (Buy down rates by .450 pts)
  • Loan Type:  Cash-Out Refinance

Greenville, South Carolina - Single Family Residential Rental

  • Loan Amount: $230,000
  • Rate Structure: 30-Year Fixed
  • Origination Fee: 5% (Buy down rates by .8 pts)
  • Loan Type:  Cash-Out Refinance

Sacramento, California - 2 Unit Rental 

  • Loan Amount: $333,250
  • Rate Structure: 30-Year Fixed
  • Origination Fee: 3% (Buy down rates by .450 pts)
  • Loan Type:  Purchase

Chestertown, Maryland - Single Family Residential Rental 

  • Loan Amount: $54,600
  • Rate Structure: 30-Year Fixed
  • Origination Fee: 5% (Buy down rates by .8 pts)
  • Loan Type:  Cash-Out Refinance

High Point, North Carolina - Single Family Residential Rental

  • Loan Amount: $101,400 
  • Rate Structure: 30-Year Fixed
  • Origination Fee: 3% (Buy down rates by .450 pts)
  • Loan Type:  Cash-Out Refinance

Tacoma, Washington - Single Family Residential Rental

  • Loan Amount: $193,800
  • Rate Structure: 30-Year Fixed
  • Origination Fee: 4% (Buy down rates by .650 pts)
  • Loan Type:  Cash-Out Refinance
See where we lend. Interested in our financing? Contact us to learn more.

Related: Spring 2019 Vacation Rental Closed Loans, Spring 2019 Recently Closed Permanent Rentals