Lending /// Owner Occupied MFH vs. SFH /// Why different %?
If I owner occupy a SFH home my lendors are telling me a down payment of 15-20% but if I would want a MFH it would be a 20-25% down payment. Why is that? I would have more of an income with a MFH than a SFH, what am I missing? Thanks in Advance for all the help/advice.