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This list is meant to help you whether are purchasing a Sevierville Home for sale, a lot for sale in Cosby TN or a cabin for sale in Pigeon Forge. This information table does change frequently. Also loan programs do vary by lender and by Fico credit score. OWNER OCCUPPIED - YEAR ROUND Sevierville TN Homes for sale or Gatlinburg TN Homes for sale for example Loan Type Percent of Loan Required for down payment Reference Link Conventional 5% after 20% down payment no PMI Supreme Lending FHA 3.5% down payment Bank of England Morg USDA 0% down payment Debbie Love VA 0% down payment Quicken Loans Also, Fannie Mae has HomeReady and Freddie Mac Home Possible conventional loans on Primary residence with 3% for owner occupants with low/moderate income (Income must be 80% are less of AMI) LOT ONLY - Gatlinburg Lots for sale for example Conventional 30% to 50% depends on lender Newport Federal SECOND HOME - Smoky Mountain Vacations Homes or Homes Supreme Lending for sale Pigeon Forge for example Conventional 10% to 20%downpayment depends on score and lender MIG MOBILE HOME NOT OWNER OCCUPPIED OR SECOND HOME LOAN is not available INVESTMENT CABIN - Smoky Mountain cabin for sale for example Conforming 15% Jumbo Depends on lender and credit score Bank of England Morg CONSTRUCTION LOAN CABIN - Pigeon Forge Swimming Pool Cabin for sale for example All Depends on lender and credit score Tami Goodman Revolution DSCR Loans We partner with several lenders will finance smoky mountains cabins for sale based on the rental projections only. One will even finance pool cabin construction loans. This is the link to DSCR Loans DSCR Loans Return links to other important pages about about your Smoky Mountain Cabin Buying Experience: Buying your Gatlinburg Cabin How Much Does A Gatlinburg Cabin Cost? Steps to Make Cabin Buying Easier
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