3% down for SFH and 15% down for Multi-family? Lending Experience

[Brandon Dinsmore]

Hi All,

I am currently looking to acquire my first rental property. I currently own my home and am looking to move out and turn the house I live in right now into a rental. With that being said, all of the lenders I have talked to said they require 3% down on SFH for primary residence, but still 15% down for multi-fam houses (still a primary residence). I am open to FHA or conventional & was just wondering if people have had similar experiences. It's a lot easier saving the 3% vs 15% which is why I've been looking at SFH for my future rental/primary residence, but I would like to buy a multi-family if only 3% is required too.

Thanks in advance!