10 vs 20% down loans in Sevier County, TN

[Mike S]

I've spoken to several bankers including some referred from The Short Term Shop about doing a 10% down vacation property loan and any time I've mentioned considering rental income they have all stated that if it's an investment property I would need to do 20% down. That's not a problem either way but I'd much rather do 10% vs 20% and keep a lot of cash just in case. Do most just keep their STR intentions to themselves?

Thanks