New FHA down payment minimums?

[Bryan Payne]

Hey BP community, I’ve been back on the search for the next multi but I have one question I’m hoping someone can answer. Has there been a change to the down payment minimum (3.5%) on purchasing a primary residence multi family? 

Some background info that might help: I’ve already purchased a 3 family in Massachusetts and am looking for another 2-3 family in MA. My mortgage broker keeps telling me the minimum has changed to 5% for 2 fam, 10% for 3 fam. However I cannot find anything online that says this. Am I missing something? Does it have to do with income levels? Any help would be greatly appreciated!!! Ty