JUMBO Loan? FHA? Tampa

[Aaron Garbade]

BP! I am working on acquiring a house hack in the Tampa area.. I have prospects and I am approved for a loan but the down payments that I am being quoted are not manageable. My DTI is good, I have 100% equity in another asset and all of my other properties are cashflowing.. but I am being told that if I buy a 3 or 4 plex I will have to put down 25%...Duplex 15% but if the loan amount is over 545K I am responsible for increasing my down payment. Can someone help me understand all of this?