Posted by Hannah Lapin ● Nov 18, 2019 9:00:00 AM

Fall 2019 Transitional Rental Closed Loans

At Visio Lending, we've closed over 6,000 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, 5 Year Interest Only, or 7/1 ARM and pay less in fees. Here are some examples of what we've coined as "Transitional Rentals" that have closed in September and October of 2019:

Lemont, Illinois - Single Family Residential Rental

Lemont, IL SFR Rental

  • Loan Amount: $182,000
  • Rate Structure: 5/1 ARM
  • Origination Fee: 0% (No upfront fees)
  • Loan Type: Rate & Term Refinance

Fall River, Massachusetts - 3 Unit Rental

MA 3 Unit Rental

  • Loan Amount: $198,750
  • Rate Structure: 7/1 ARM
  • Origination Fee: 0% (No upfront fees)
  • Loan Type: Cash-Out Refinance

Charleston, South Carolina - Single Family Residential Rental

Charleston, SC SFR Rental

  • Loan Amount: $375,500
  • Rate Structure: 5/1 ARM
  • Origination Fee: 1% (Less upfront fees)
  • Loan Type: Rate & Term Refinance

 

Holly, Michigan - Single Family Residential Rental

Michigan SFR

  • Loan Amount: $140,250
  • Rate Structure: 5/1 ARM
  • Origination Fee: 0% (No upfront fees)
  • Loan Type: Rate & Term Refinance

Phoenixville, Pennsylvania - Single Family Residential Rental

PA SFR Rental

  • Loan Amount: $115,800
  • Rate Structure: 5/1 ARM
  • Origination Fee: 1% (Less upfront fees)
  • Loan Type: Cash-Out Refinance


See where we lend. Interested in our financing? Contact us to learn more.

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Topics: Closed Loans