Financing a Duplex Fannie Mae - 20% down?

[Bo Kim]

Hi all,

Just curious if anyone has experienced a lender that allows 20% (not 25%) downpayment on a small multi - 2-4 unit.

I did some searches but they seem to be 2 + years old so i was wondering if any of the underwriting rules have relaxed.

Thanks all

Bo

[Harjeet Bhatti]

@Bo Kim  You need 25% down payment under conventional loan for investment property 2-4 units.