Visio lending refinance

[Ryan Keenan]

Has anyone used ViSIO lending? There offering refinance after 30 days. Just wondering anyones expierence with them. Thanks

[Andrew Postell]

@Carlos Ptriawan yes, can certainly give a pretty common example:

• You buy a home at a deep discount.
• You needed to close quickly on it since the customer was facing foreclosure (these are OFF MARKET deals)
• You purchased with a Hard Money Loan to close quickly
• Hard Money carries a higher interest rate, which costs you money
• Refinancing right away at FULL MARKET VALUE will allow you to not be in the higher rate for Hard Money and also allow you to NOT need to bring anything additional to closing

That's probably the most common scenario but there certainly are others.  Hope this helps!