Owner occupied multifamily above conforming limit -- options?

[David Ko]

My wife and I are considering moving into a 2-4 family property in an expensive market.  We are looking at properties between $1 - $1.5M, but we are likely going to fall just short of 20% down.  Are there any financing options you know of that we could use?  We can cover a $1.5M loan based on our salaries alone, but it seems like lenders really want a sizable downpayment for a 2-4 unit property, even when we occupy one of the units.

Thanks for your insight.