Visio Financial Services

33 Replies

I had a recent bad experience with these folks. My sales rep got fired or otherwise left halfway thru the process. He gave me bad info about the product, which I thought was not necessarily the best. Similar to a post above, the appraisal process was a huge headache and the appraisals on all 3 properties came in so so low. I sort of gave up after that since I had mixed feelings about the product. Early termination fees, escrowing so much, the required insurance changes I needed as well all made me hesitant. A sales manager and different sales guy did try to follow up with me, which I credit them for, but I was not satisfied and could not really do business with these guys. I am someone who rarely post or complains, but this was just awful for me. Good luck!

Any updates regarding this company

I'm looking at cashing out on a property and I'm having a heck of a time getting the refinance done.  I came across Visio Lending and found this thread.  The terms don't seem too bad for what I'm wanting to do. 

Originally posted by @Kurt Phillips :

Any updates regarding this company

I'm looking at cashing out on a property and I'm having a heck of a time getting the refinance done.  I came across Visio Lending and found this thread.  The terms don't seem too bad for what I'm wanting to do. 

This was our purchase scenario we presented to them.  If you can make the numbers work I say go for it they will loan you, but be prepared for quite a bit in fees/points.

Originally posted by @Ryan Keenan :

@Keli Coleman

Hi, I was wondering if you ever did use Visio? Interest rates are in the 7%? Any lower?

Thanks!

No we found Alex here on BiggerPockets. He has access to a ton of options that easily beat what visio offers. Granted their loans are targeted towards a specific market and can be used in other areas, but when you have options you get better deals. We have now used him for 2 BRRR single families, working on a 3rd, and an apartment complex here shortly.


 

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