first home to purchase/invest duplex

[Patrick C.]

Hello, sorry if this has been asked before. I have been looking at a couple of houses/duplexes for the past year. I applied for a home loan got approved, then was told I would need 25% down since its a duplex (investment property). I told them I plan on living there but they still wouldn't budge on down payment. 

I thought you could still get into houses and duplex with 5-8% down? is that not a thing anymore

Some facts

got approved at credit union. 

live in Minnesota

credit score 760

no bad debt. no auto/credit debt. 

[Zachary H.]

You should be able to get in with less than 25% down if it is going to be your personal residence as well.

Keep calling around. There's other banks that would love to give you money! If you call 20 lenders and still they are saying the same thing, then you have your answer! :)