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Updated over 7 years ago on . Most recent reply

User Stats

83
Posts
12
Votes
Steve Kirsch
  • Hilo, HI
12
Votes |
83
Posts

Fannie Mae multi family down payment requirements

Steve Kirsch
  • Hilo, HI
Posted

Hello BP Family,

I am submitting an offer on a property this week. This is a duplex unit. I have recently been inform from my lender that Fannie Mae requires a 25% minimum down payment. I originally was planning on 15% as the down payment. Could I possibly get some ideas of alternative options for down payment percentages or alternative funding?

Thank you

Steve Kirsch

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