@Scott Kunz The only drawback is that you are a slave to one company and an unknown algorithm.

The draw back to these loans is that they are more paperwork heavy than the other "portfolio" types of loans....but if you have ever received a loan on your primary home, it's likely that you will go through the same type of paperwork here with conventional lending.

Are there drawbacks or words of caution around HELOCs?

The draw back to these loans is that they are more paperwork heavy than the other "portfolio" types of loans....but if you have ever received a loan on your primary home, it's likely that you will go through the same type of paperwork here with conventional lending.

There can be some drawbacks though.

Owning and maintaining property comes with drawbacks.

The primary drawback is that you will most likely need to pay for the bulk if not all of the costs of the home while its in line to be built in the factory.

I'll likely pay off the balance by the end of the year, I just didn't have enough to buy it straight up.Any drawbacks to these types of loans?

Are there any drawbacks to DSCR loans besides a larger down payment?

Mind you the drawback of the FHA loan is the low downpayment which eats away at your equity.