Visio Lending

Sergio Leyva and Mark Gochenour spent the California Mortgage Expo talking about Visio’s 45-day free rate locks and 5/6 ARM Pro with brokers and Bay Area real estate investors.

Bring our award-winning team in on your next deal. https://lnkd.in/gBpyvZkn

When your borrower brings you a deal on a Friday night, get back to them before Monday with the Visio Broker Portal.

Meet with one of our account executives to sign up for our Broker Program: https://lnkd.in/gBpyvZkn.

John Dimino and Oma Dawn spent two days at the Texas Mortgage Roundup talking through live scenarios with brokers and real estate investors.

They are back at their desks along with our other award-winning account executives.

Get on the schedule here: https://lnkd.in/gBpyvZkn

Even experienced real estate investors don’t know every question to ask. That’s where the right lending partner comes in.

Visio DSCR strategists like Oma Dawn can see around corners and provide insight into refinancing or closing on a new rental property.

Connect with our team today: https://lnkd.in/gBpyvZkn

Here’s some news worth a trip to Austin: Visio Lending ⅚ ARM Pro combines lower initial payments and no prepay penalty after 3 years.

Our team is walking brokers through the full picture at Fuse — booth #313. Are you coming?

Beat the crowds and get on our calendar early: https://bit.ly/4wHs2m5

In the September issue of Scotsman Guide, Visio Lending COO Michele Kryczkowski breaks down how debt service coverage ratio (DSCR) is calculated for rental properties.

If you’re a loan officer or investor running the numbers on a short term rental right now, her point is worth building into your calculations: model the slow months, not the peak ones. A vacation rental that performs well in July but has high vacancy rates in January is still one property, and the ratio has to hold up year-round.

The piece also covers:

Where DSCR tiers land and what each one signals about your terms

Why the same property can carry a different tax burden depending on the transaction

The costs that sit outside the formula and still eat into cash flow

Working on a deal? Schedule a meeting with a Visio account executive. https://bit.ly/4wHs2m5

More deals closed means fewer deals lost. Visio Lending protects yours in two ways:

Same business day pre-approval, so your borrower isn’t waiting while another offer moves in. 45-day free rate locks, so the terms you quote are the terms they close with.

Download our Get Started Checklist here: https://bit.ly/3TP9XVJ

Every file at Visio Lending gets the same four checks, and knowing them means you can walk in with a clean file.

Credit, the appraisal and market rent, the DSCR and cash reserves. No tax returns or W-2s.

Cash flow comes down to two factors: the property’s monthly rent, and its full monthly cost which includes principal, interest, taxes, insurance and association dues, collectively known as PITIA.

Divide rent by PITIA and you have the debt service coverage ratio (DSCR). Above 1.0, the property earns more than it costs to carry.

Get our calculator here: https://visiolending.com/dscr-calculator/

Visio Lending is headquartered right here in Austin, so we are showing up to Fuse ready for Texas-sized conversations.

If you write DSCR deals, come talk to the lender that treats them as the main event.

Booth #313, Sept. 24 through 26. Beat the crowds and get on our calendar early: https://bit.ly/4wHs2m5