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Updated over 11 years ago on . Most recent reply

Multi Family Owner Occupied FHA Question
Hi, I have a question regarding multi family owner occupied FHA loans. I heard somewhere that if a borrower puts more down such as 5% the 4 unit cap is extended. I'm looking at a 5 unit right now and a lender is telling me he thinks I would still qualify with a larger downpayment. Is this true?