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Know of a lender for log home?

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gulbricht

Freshman Member
Joined
Feb 3, 2003
Professional Status
Certified Residential Appraiser
State
New Hampshire
I was hired by a mortgage broker to appraise a nice, almost new log home up in Coos County. Paid upfront at the door.

Now the lender that the broker had in mind is balking about doing a log home. Do you know any wholesale underwriters that might accept a log home? It's a shame not to finish up the appraisal, now that I have been paid by the borrower.
 
I haven't been out here in a awhile, but I have never had a problem with a lenders lending on a log. I've done about 5 logs. Log homes seem to attract a higher price than stick built homes if that is what someone is interested in.
 
I was hired by a mortgage broker to appraise a nice, almost new log home up in Coos County. Paid upfront at the door.

Now the lender that the broker had in mind is balking about doing a log home. Do you know any wholesale underwriters that might accept a log home? It's a shame not to finish up the appraisal, now that I have been paid by the borrower.

Log Home Lender Information

http://coventryloghomes.com/content/view/178/1/
 
I've done several for

American Home Bank, 3840 Hempland Road, Mountville, PA 17554
800-901-5647
 
Western Thrift & Loan, 580 E. Plumb Lane, Suite A, Reno, NV 89502.
 
What construction type is it? Full stack, post and beam, D-log... the type of construction may help finding a lender.
 
First Colebrook Bank

There's a local lender in Coos County, First Colebrook Bank, that I regularly do log home appraisals for. They are great to work for as well. I work in the central part of the state and deal with the Concord office. I don't know any appraisers that work the north country, are you interested in a mutual referral arrangement?

Jim Scrivens
Certified Residential
603 470 6061
 
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