As stated above, private lenders loan money but are not part of a bank or affiliated with a government agency, which means that they can offer more flexible loan terms.
Private lenders are companies that loan money but are not part of a bank or affiliated with a government agency, enabling them to offer more flexible loan terms. In this context, the adjective “private” does not connote that the company is privately held. There are private lenders that are publicly traded companies. The most common types of private money loans are personal, business, and real estate.
Private personal lenders make a variety of term loans to finance consumer purchases that you might otherwise finance on a credit card. For example, these lenders might provide you a loan to finance your wedding or a vacation.
Private business lenders offer a variety of different types of financing products to help you grow your business. You might use this type of financing to buy business equipment or to finance your inventory or accounts receivable.
Private mortgage lenders can offer a variety of non-standard mortgage products ranging from extra large home loans to loans to finance investment properties, including vacation rental properties and commercial properties.
Visio is a private mortgage lender that specializes in financing for single-family rental properties, including vacation rentals, and multi-family and mixed-use commercial properties. Visio, because it is not part of a bank and does not lend on government programs, can offer loan products with features that meet the unique needs of real estate investors.
Visio Lending has originated over $1 billion in rental loans, more than anyone else in the United States. Our leading product, proven process, and substantial experience simply cannot be matched. Let’s take a deeper dive into what makes us a superior lending choice for investors:
Direct lender: While most lenders resell someone else’s loan product, Visio is one of very few direct lenders to real estate investors. By cutting out the middlemen (yes, plural, as in more than one of them), you get a better loan product and a smoother borrowing experience.
Insurance: Insurance on a rental property is quite different from your personal home. Even many insurance agents who don’t regularly deal with rental properties don’t understand the nuances. Visio’s internal experts can help you properly insure your rental property investment.
Vacation Rentals: Visio is one of the leading financiers in the U.S. of vacation rental properties. Underwriting these properties for permanent mortgage finance is more of an art than a science. Nonetheless, Visio has developed a proven methodology to underwrite these properties to get you the best terms possible while also writing a responsible mortgage loan.
Full 30 year terms, no balloons
Streamlined qualification process emphasizing property cash flow
No tax returns or employment verification required
Up to 80% LTVs
Simple haggle-free pricing you can depend on
Protect your identity and other assets by borrowing in a corporate entity
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.