Tanner Home Investments LLC
OUR LOAN PROGRAMS
FUELING THE PROFESSIONAL INVESTOR
Rates are calculated based on your middle credit score, the Loan-to-Value (LTV), and Debt Service Coverage Ratio (DSCR)
Check out our various loan products and associated rates/guidelines below:
Our Rental360 loan program is perfect for the professional investor looking to grow their portfolio of single-family rental properties. With a full 30 year term, no balloon payments and a choice of either a 7/1 ARM or 30 year fixed interest rate structure, The Rental360 enables professional investors to build wealth over the long-term by locking in competitive interest rates and eliminating the risk of forced sales or refinances.
RENTAL360
RENTAL360 PORTFOLIO+
Refinance on 3 to 7 properties with one closing and monthly payment:
Our Rental360 Portfolio+ loan allows you to refinance on 3-7 properties all at once. With just one closing and one monthly payment, it's perfect for investors looking to simplify their portfolio. Available as a 7 Year ARM or 30 Year Fixed.
24 MONTH INTEREST ONLY BRIDGE
Payoff early with no prepay penalty:
Visio's 24 Month Interest Only Bridge loan features no prepayment penalty nor DSCR requirements. Cash out on a property while it's on the market so you can purchase your next investment without waiting for the other to sell.
Additional Info
Minimum Property Value: $75K
Minimum Loan Value: $45K*
*Loan amount caps in place based on credit score:
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Portfolio Loans: $80K min. property value, $250K min. loan value.
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Single Asset loans: Add 112.5 BPs on loans under $75K; 75 BPs on loans $75K-$99,999. 5 bps-37.5 bps deduct on loans $200K+
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24 Month I/0: $75K min. loan value
$100K min. property value (mpv) for properties in Baltimore, Philadelphia, and D.C. $125K mpv for SFR properties and $75K mpv per unit for 2-4 unit properties in Cuyahoga and Cook Counties.
Additional requirements and stipulations apply for LTVs above 75% and DSCRs <1.0.
We are fast. Our process is simple. And you can count on us.
We only do one thing: finance rental properties.
We believe time is money, and strive to be transparent about our qualifications upfront.
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Essentials only; No tax returns or personal finance statements.
No complicated NOI calculations.
We work diligently to avoid last minute surprises.
Our pricing is set, so you always know your rate.
Where We Lend
We lend in 36 states and D.C.: AL, AR, CA**, CO, CT, FL, GA⊥, IA, IL, IN, KY, LA, MA⊥, MD, ME, MI*, MO, MS, MT, NC, NH, NJ, NM, NY⊥, OH, OK, PA, SC, TN, TX, UT, VA⊥, WA, WI, WV and WY.
*We do not lend in Detroit & Flint, MI.
**All loans originated by Visio Lending are licensed by the California Department of Business Oversight as a California Finance Lender, license number 60DBO-56345.
⊥Must close in an entity (LLC, partnership, or corporation), No nonprofits or trusts