Visio Lending is a hard money lender that offers a variety of loans, including loans for permanent rentals, transitional rentals, and vacation rentals. Visio Lending aims to expand the single-family rental eco-system of investors, tenants, and service providers.
Visio Lending calculates fees and terms on each individual loan, depending on the loaner's credit score, Debt Service Coverage Ratio (DSCR), and Loan-to-Value (LTV).
1.5 - 2.5%
6 - 12.5%
2 - 5%
2 - 30 years
Minimum Property Value
Pros: Loan terms are long, do not require income verification or tax returns.
Cons: Loans only available for rent ready residential properties, loans not available for owner-occupiers.
Bottomline: Visio Lending offers fast, dependable mortgage financing with bank rates on private terms.
1 (888) 521-0353
What documents does Visio Lending require to apply for a loan?
To apply for a Visio loan, you will need the following documents.
- Two forms of ID.
- At least two credit scores and a tri-merged credit report.
- Appropriate insurance.
- A title policy.
- The down payment and a voided check.
- An executed copy of the lease, if the property is occupied.
- Your last two months' bank statements.
What are Visio Lending's minimum credit requirements?
Visio Lending requires a minimum credit score of 660. Check their website for a full list of their credit requirements.
How long will it take before I get my loan?
Visio Lending typically closes within 21 days and they generally fund loans within 24 hours of closing for purchases and within 48 hours of closing for refinances.