Upload
others
View
2
Download
0
Embed Size (px)
Citation preview
Loan StructureOffering Purchase, Rate & Term Refinance, Cash-Out Refinance
Loan Type
Loan Amount
Loan Term
Single Asset
$75,000 - 2 MM (For higher amounts, please call)
5/1 ARM, 7/1 ARM, 30-Yr Fixed (No Balloons)/Full 30-Yr Terms
Max Loan-to-Value
Minimum Property Value
80% Purchases and Rate & Term Refinances, 75% Cash-Out Refinances
$125k (higher minimums in certain areas)
Property Based DSCR Yes
Geography Nationwide per property: Ex - AK, DE, ID, MN, NE, NV, ND, OR, RI, SD, UT, VT
Title Insurance Required
Property/Rental Insurance Required
General RequirementsProperty Type 1-4 Unit Single Family Residential, Condos, Townhomes
Valuation Type As Is Full Appraisal with Market Rent Analysis
Borrower TypeInvestor Only, Individuals, LLCs, corporations and limited partnershipsU.S. Citizens. Permanent and non-permanent resident aliens
Borrower FICO Score Minimum 680
Reserves Minimum of 6 Months PITIA
<< Contact
GrowYour Rental
Portfolio
30 Year Loans forResidential and Vacation
Rental Properties
rev1220
*All loans are originated by Visio Financial Services Inc. Visio Financial Services Inc. is licensed by the California Department of Business Oversight as a California Finance Lender, license number 60DBO-56345 as well as by the Arizona Department of Financial Institutions as a Arizona Mortgage Banker, license number 1010600. Visio Financial Services Inc. company NMLS ID number is 1935590.