Trying to get a loan for a duplex with 20% down
Hey BP family,
Wanted to reach out to you guys here. I have his duplex that I have under contract and wanted to put 20% down but now my lender is telling me I have to put 25% down. I need help here, is this true that lenders won’t offer 20% down anymore. I tried local banks and 2 banks said the same thing. My close date is suppose to be July 2. Please any help will be appreciated or if any lenders out there who is willing to help with 20% down please feel free to message me.