DSCR Loans for Log Cabins

[Megha Mathur]

Hello Everyone, 

We are looking to invest in a property in the Smoky Mountains in Sevierville, TN. We were looking to finance this through a DSCR loan and just found out that most DSCR lenders create a bit of problem to approve DSCR loans to log cabins. So, here I am trying to figure out if this is true or not and what have you all done, if you own an STR property which is like a log cabin. Will really appreciate all information on this as we are ready to buy this property but using the DSCR method. This is what I could find out from its listing:

Type & style

• Home type: SingleFamily
• Architectural style: Cabin,Log,Chalet,Traditional
• Property subtype: Residential, Cabin, Single Family Residence

Materials

• Stucco, Log, Block, Frame, Brick