Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Private Lending & Conventional Mortgage Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 3 years ago,

User Stats

1
Posts
0
Votes
Josh Phillips
0
Votes |
1
Posts

5% down on multi family conventional loan

Josh Phillips
Posted

Hi all, 

Longtime BP reader but never made an account or posted until now.

I'm under contract to buy a duplex and was wondering if anyone has any leads or advice to find a conventional mortgage with 5% down? This would be owner occupied. I am located in Ohio. Unfortunately FHA is not an option for this property.

I understand that covid caused the Fannie and Freddie minimum down payment on multi family to increase, was hoping someone had a contact for someone who may be able to help with a deal like this? I’ve also received conflicting information about whether the Home Possible program would allow this. Any help and guidance is appreciated! Thank you!


Loading replies...