multi family conventional financing terms

[Ken V.]

My partner and I met with a national banker for lunch today, he actually paid for our lunch to discuss financing for a multi family property. I was surprised to learn that his bank's terms are 5 years amortized over 20 years. Is this standard?  I, perhaps unrealistically, was thinking more like 25 year amortization period.  We will shop but is this more the norm now a days? 

Thanks in advance.   

[Ken V.]

Thanks for the reality check. We are looking at just under 900k, we are prepared to put 20% - big bank wants to see 30%, and wont consider any form of Seller financing. We can live with no Seller financing and even 30% if we have to, but a 5 years loan just seems too risky. It would seem to me that a landlord would be too afraid of raising rents for fear of losing tenants and upsetting the DSCR going into year 5. I knew there was a trick to the "free lunch".