1 Residential Mortgage on 2 separate duplexes

[Huyen Nguyen]

There are 2 duplexes for sale by the same owner (2 buildings side by side) and I'm looking to move in one unit and rent out the other 3. Does anyone know if it's possible to purchase both on a single owner-occupied (5% down) residential mortgage? 

[Upen Patel]

@Huyen Nguyen Depending on your specific circumstance, you can do 3.5% (FHA) or 5% (Fannie/Freddie) conventional loan for a 1-4 unit residential property as long as you are going to occupy one of the units.

For the property that you would buy as an investment, it will be 25% down.