Visio Lending
Visio Lending specializes in long-term financing for single-family rental properties, including vacation rentals, offering DSCR loans that qualify investors based on rental income. Operating in 38 states and Washington D.C., the company has originated over $2.8 billion in loans and provides various loan programs with customizable rate structures and a streamlined qualification process.
Services
Visio Lending specializes in providing long-term financing solutions for single-family rental properties, including vacation rentals. The company offers a range of loan programs such as rental loans, vacation rental loans, and Debt-Service Coverage Ratio (DSCR) loans, which allow investors to qualify based on rental income rather than personal income. Services also include cash-out refinance options, customizable rate structures, and insurance guidance to ensure proper coverage. Nearly 50% of customers are repeat clients, showcasing the reliability of their services.
Loan Programs
Visio Lending offers a variety of loan programs designed to meet the needs of real estate investors. These include 30-year fixed-rate loans with no balloon payments, loans for both long-term and short-term rental properties, and DSCR loans that are based on rental income. They also offer refinancing options for investment properties, allowing for up to 80% loan-to-value (LTV) for purchases and refinances. Their streamlined qualification process eliminates the need for tax returns or personal income verification.
Corporate Borrowing Options
Visio Lending allows borrowers to finance properties through corporate entities such as LLCs, providing an added layer of protection for personal assets. The firm supports this structure to ensure that investors feel secure in their financial dealings. This option is part of their broader strategy to offer tailored solutions that meet the diverse needs of their clientele.
Investment Tools
Visio Lending provides a variety of tools and resources to help investors evaluate property investments. This includes a DSCR calculator and other financial resources aimed at simplifying the decision-making process. Additionally, the company offers various prepayment penalty options to allow for more flexible loan terms and conditions.
Operational Footprint
Visio Lending operates in 38 states and Washington D.C., making it accessible to a broad array of U.S. investors. Having originated over $2.8 billion in loans, including $821 million specifically for vacation rental properties, the company has a significant presence in the real estate finance sector. Their dedicated team for underwriting vacation rental properties further enhances their specialized service offering.