203k Multi Family and Agricultural Zoning

[Stuart Cairns]

I have been attempting to close on a property for a few month and we have hit a snag with the zoning. This is a parcel split off from a much larger parcel. The zoning office is saying it is agricultural with a variance for the building. The building is a 3 unit. My lender states that he cannot do a 203k on agricultural. This would be owner occupied with only one unit needing minor renovation. Anyone know if this is true or is it just the lender?