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Updated about 2 years ago on . Most recent reply

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researching for lenders in the Gatlinburg, Sevierville and pigeon forge area

Posted

Hello fellow investors, 

Planning on buying my first STR in Smokies. I need some recommendations for lenders who will work with investors. Currently getting range of 7.1 to 7.2 percent with very high loan origination and closing costs. has anyone found a better interest rate in the recent months? trying to see if there are any local banks or credit unions you guys recommend. Thank you for your time.

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Collin Hays
#2 Short-Term & Vacation Rental Discussions Contributor
  • Property Manager
  • Gatlinburg, TN
3,272
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Collin Hays
#2 Short-Term & Vacation Rental Discussions Contributor
  • Property Manager
  • Gatlinburg, TN
Replied

Tennessee State Bank does STR lending and is quite knowledgeable about the industry.

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SMOKY MOUNTAIN FALLS INC.

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