Mortgage For Primary Residence vs Investing

[Assaf P.]

Hello Guys,

I have a few questions about Mortgage situation.

Im planning on buying my first REI.

I dont own any RE right now, my plan is to buy and hold a property and keep living where I am right now.

my question is that, if the property im planning to buy is classified by the lenders as a REI and not as a Primary Residence, will the mortgage conditions will be diffrenet? im sure that i cant have the same down payment as an FHA but how much is an average percent of down payment they could ask for, If its not going to be my primary Residence but its gonna be the first mortgage l take. 

(all the posts ive read talk about the lenders risk of giving the person 2 mortgages, one for his primary home and one for his investment and therefore they take a bigger risk. my situation is that l want to use my first mortgage as an REI.)