To purchase a second home in the Smokies, you will need the following:

• Readily available funds equal to 5% of the purchase price to use as a down payment (20% down will reduce your loan costs).
• Reasonably good credit. 
• A good source of income.
• A manageable debt to income ratio.

These are pretty much the same qualifications necessary to purchase any residence.  Loans for second homes are generally made on the same terms as your primary residence. Call or e-mail us for current mortgage rates.  If the requirements above don't present a problem, we strongly encourage you to consider a cabin, chalet, or condo in the Sevier County area.  You will have an excellent vacation home, potentially earn a nice return on your investment, and based on prior performance, probably enjoy 5-10% price appreciation annually.  Of course, prior performance does not necessarily indicate future results, and all properties are different.  Still, if all of this sounds attractive, please take a look at our listings.