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Posted by Hannah Lapin ‚óŹ Sep 2, 2019 9:00:00 AM

Summer 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 June and July of 2019:

New Orleans, Louisiana - 2 Unit Rental

NOLA 2 Unit Transitional Rental

  • Rate Structure: 7/1 ARM
  • Origination Fee: 0% (No upfront fees)
  • Loan Type: Cash-Out Refinance 
  • Loan Amount: $343,500

 

Sunrise, Florida- Single Family Residential Rental

Sunrise, FL SFR Rental

  • Rate Structure: 5/1 ARM
  • Origination Fee: 0% (No upfront fees)
  • Loan Type: Rate & Term Refinance
  • Loan Amount: $193, 500

 

Cutchogue, New York- Single Family Residential Rental

Cutchhogue, NY SFR Rental

  • Rate Structure: 5/1 ARM
  • Origination Fee: 0% (No upfront fees)
  • Loan Type: Purchase
  • Loan Amount: $448,000 

 

East Hartford, Connecticut- Single Family Residential Rental

East Hartford, CT SFR Rental

  • Rate Structure: 5/1 ARM
  • Origination Fee: 0% (No upfront fees)
  • Loan Type: Cash-Out Refinance
  • Loan Amount: $111,520

 

Coloma, Michigan- Single Family Residential Rental

Coloma, MI SFR Rental

  • Rate Structure: 5/1 ARM
  • Origination Fee: 0% (No upfront fees)
  • Loan Type: Purchase
  • Loan Amount: $276,800

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

More Closed Loans

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Topics: Closed Loans