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Updated over 3 years ago on . Most recent reply

User Stats

64
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10
Votes
Wesley Adams
  • Real Estate Investor
  • Austin, TX
10
Votes |
64
Posts

Lender Referrals for FHA with 3.5% down for multifamily

Wesley Adams
  • Real Estate Investor
  • Austin, TX
Posted

Hi All,

I'm looking for some referrals for lenders that allow 3.5% on FHA on multi-family units (4-plex). I reached out to my local lender and they indicated that even with a FHA they would require 25% down. Is this now the industry norm? If not, any recommendations on lenders that allow the 3.5% down are greatly appreciated.

-Wes

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