FHA Loan down payment question

[Patrick Blackwell]

Is it possible to get an FHA mortgage on a Fourplex property for 5% or less as a down payment?

Thanks

[Michael Cohen]

Hi @Patrick Blackwell - an FHA loan assumes it's owner-occupied, so as long as you live in one of the units as your primary residence, then the down payment for 1-4 units is 3.5% of the purchase price.