A Loan Program Designed for Only One Thing: Vacation Rentals.
Whether you are just getting started with short-term and vacation rentals or if you're a seasoned Airbnb investor, you'll want to check out Visio Lending. Not only is Visio Lending the nation's leader in Vacation Rental Loans, but their lending programs are designed exclusively for short-term rental properties.
About Visio Lending
Visio Lending is the nation's leader in rental home financing. Founded in 2012 in Austin, Texas, Visio enables small- to medium-sized investors to grow and optimize their portfolios of rental homes. Bringing together Main Street and Wall Street experience and a laser-like focus, Visio's team is enabling the redevelopment of affordable rental homes across the country. With more than $400 million in warehouse capital, a proven record of investment grade bond issuance on Wall Street, and an outstanding 60+ team, Visio is poised for continued growth in 2022 and beyond.
Vacation Rental Loan Program
Visio Lending's vacation rental loan program is underwritten based on property level cash flow and borrower credit, rather than the borrower’s income. As a result, their vacation loans are the market leader for self-employed investors and investors building a portfolio of vacation rental properties
Scalable: Visio’s vacation rental program is meant to be scalable, and there is no hard limit to how many properties an investor can finance with us. We provide purchase and refinance financing up to 80% LTV. Commonly, a customer obtains a cash-out refinance from Visio to purchase or improve another vacation rental property. Since late 2015, Visio has financed more than $2.0 billion in Rental360 loans, including $545 million in vacation rental properties.
Vacation Rental Financing Features
• Common sense underwriting of your short-term rents • Full 30 year terms (no balloons) for your peace of mind • No tax returns required • Simple, haggle-free pricing you can depend on • Protect your identity and other assets by borrowing in a corporate entity
Partner with a Lender That’s Highly Specialized
Laser-focus: Visio Lending’s laser-like focus and rental loan expertise simply cannot be matched. Would you go to a foot doctor for a headache? Or an employment attorney for a divorce? There is something to be said about going to a specialist for the specialty you need.
Eliminating cross-default provisions: Choosing a specialized rental lender instead of financing all of your investment properties, such as fix-and-flips, through one lender could avoid cross-default provisions. Essentially, through a cross-default provision, if a borrow fails to pay interest or principal on time for one loan, the lender has the right to default the borrower on all of their loans. Fix-and-flips are risky investments even for the best investors, so it is always a good practice to keep your rentals elsewhere.
Visio Lending Review by The Virtual Investor
"Visio Lending is easiest lender available for doing short term rentals for your Airbnb and your vacation rental properties. The rates are not the greatest, but their documentation request are far less onerous than a lot of the other lenders that are out there, and they'll get it done fairly quick. You will have to get an appraisal done, just like you will with most lenders, but Visio Lending is good, quick, and an easy vacation rental lender. Visio Lending is a great source if you want to refinance or even refinance later on with somebody else to get a lower rate. Simply put, Visio Lending is the best short-term lender if you are looking for a good, quick, & easy lending partner to use on your vacation rentals."
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