Posted by Hannah Lapin ● Mar 16, 2020 9:00:00 AM

Winter 2020 Transitional Rental Closed Loans

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 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. (Learn more about these options here). Here are some examples of what we've coined as "Transitional Rentals" that Visio has closed in January and February 2020:

Elkridge, Maryland - Single Family Residential Rental

Maryland Transitional Rental

  • Loan Amount: $185,000
  • Rate Structure: 7/1 ARM
  • Origination Fee: 0% (No upfront fees)
  • Loan Type: Cash-Out Refinance

Fort Wayne, Indiana - Single Family Residential Rental

Indiana Transitional Rental

  • Loan Amount: $203,000
  • Rate Structure: 5/1 ARM
  • Origination Fee: 0% (No upfront fees)
  • Loan Type: Cash-Out Refinance

Manchester, New Hampshire - 2 Unit Rental

New Hampshire Transitional Rental

  • Loan Amount: $189,000
  • Rate Structure: 5/1 ARM
  • Origination Fee: 0% (No upfront fees)
  • Loan Type: Rate & Term Refinance

 

Ocala, Florida - 3 Unit Rental

Florida Transitional Rental

  • Loan Amount: $178,875
  • Rate Structure: 5/1 ARM
  • Origination Fee: 1% (Less upfront fees)
  • Loan Type: Purchase

 

Port Jervis, New York - Single Family Residential Rental

New York Transitional Rental

  • Loan Amount: $91,000 
  • Rate Structure: 5/1 ARM
  • Origination Fee: 0% (No upfront fees)
  • Loan Type: Cash-Out Refinance

 


Are you interested in our financing and growing your rental property portfolio? See where we lend and contact us to learn more about Visio's loan programs. Check out our blog for resources on financing, real estate investing, landlording, and more.

More Closed Loans

Have you heard? We've added Small Balance Commercial loan options! Find out more here.

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Topics: Closed Loans