Don’t mess with Texas. The Lone Star State is the second-largest state in terms of population and land. It boasts many major metropolitan cities including Houston, Dallas, Austin, and San Antonio.
Texas real estate is also booming. The Texas Quarterly Housing Report revealed 19.1% growth from Q2 2020 to Q2 2021. Months of housing inventory shortened from 2.9 months to only 1.4, and days on the market shortened an entire 22 days.
Texas is generally seen as a landlord-friendly state compared to others, with many landlord-friendly laws such as the allowance of late fees and a month to return security deposits (some states only allow 14 days and no late fees).
We provide permanent mortgage finance on rented or rent ready real estate throughout Texas. Our loan programs are tailored to investors with:
Texas offers universities, sports teams, and jobs across all markets. It has a thriving economy and relatively affordable real estate, which makes it a great state for investors. Additionally, Texas is home to beach towns such as Galveston, Port Aransas, and Corpus Christi that are all short-term rental friendly. This variety of locations to find real estate in means that almost any city in Texas will have reasons to invest.
Headquarters in Austin, Texas, Visio Lending has over a decade of experience in real estate and finance. We’ve closed over 800 rental loans in Texas totaling over $180M.
Visio's loans were designed with investors in mind, offering full 30-year terms and LTVs up to 80% on purchases and rate and term refinances, and LTVs up to 75% on cash-out refinances.
Our loan process is fast, simple, and dependable with no DTI calculations or personal financial statements.