5% down lender on house hack duplex in atlanta area?

[Jason Terrelonge]

Hello,

Is it possible to get 5% down conventional loan on a primary residence duplex? if so are they any lenders that you all would recommend in the Atlanta metro area?

[Account Closed]

Hey Jason,

Yes you should have no problem finding a lender that'll do a conventional loan with 5% down. I started the pre-approval process with a few lenders this week and they all offered loans with 5% down. One even offered as little as 3% down if you don't exceed the income maximum. Certainty Home Loans and Homestar Loans are two lenders that were recommended to me. I'm new to real estate so I can't say too much about them but so far, they've both been good to work with. The Fannie Mae HomeStyle Loan is another type that I know only requires 5% down, seems to be a pretty common option around the city as well. I'd also look into First Time Home Buyer Programs like "Invest Atlanta" or "Georgia Dream", might be something they offer that works for you.