Simply put, a commercial real estate loan is a transaction between a lender and a company. These loans come in many shapes and sizes including:
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A bridge loan is a short-term loan that can be used as a "bridge" until an investor secures permanent financing or is able to pay off the loan in full.
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Hard money loans are short-term loans usually originated by private companies. These loans have higher interest rates than traditional loans, yet a simpler application process.
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SBA loans are government-backed loans used to support small business entities. They offer low interest rates and long terms, yet they have stringent requirements.
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A non-QM mortgage is a mortgage that fits outside the rules of a qualifying mortgage. This covers many buckets, but in this case we are referring to an investor loan such as Visio’s Rental360 Loan Program. Essentially, these loans are commercial loans for residential properties.
• Long-term financing with full 30-year terms and no balloons
• The ability to protect your personal assets and finance in an LLC
• Prepayment penalty and interest rate buy downs
Visio Lending is the nation's premier lender for buy and hold investors offering, long-term loans for SFR and commercial rental properties, including vacation rentals.