Lenders requiring 25% for second owner-occupied duplex

[Dominic Scheck]

Hi. I bought a duplex a year ago and live in it. I want to buy a second duplex, live there, and fully rent out my current duplex. But lenders are saying their underwriters will treat this second duplex as an investment property and require 25% down, even though I plan to live there. One local and one national lender have told me this. 

Do you know any lenders who would let me get this second property with owner-occupied terms? I'm trying to act quickly on a deal. Thanks, house-hackers!

[Kevin Powell]

@Dominic Scheck We bought our 2nd one(triplex) with 15% down. We used Trustone Financial for this and I have a contact if you need one there.