FHA vs conventional owner occupied MFR question..

[Lauren Perini]

Hi BP - We're putting an offer in on a 3 family house - will be owner occupying. We want to put 10% down with a conventional loan, and the lender we spoke with said we couldn't get conventional with less than 20% because there are 3 units, so would need to do FHA. We'd rather have conventional financing than FHA if possible though. Is this true? Thank you!