Lender requiring 25% down?

[Jeff Laniado]

I’m under contract on a duplex in Florida and the lender I spoke with is requiring 25% down because it’s an investment property.

They said this would be the case with most if not all lenders.

Is that right? I’d like to only put down the 20% but not sure if 25% is going to be my minimum.

For context, I’m a highly qualified borrower (high w2 income, credit score over 800)