5% Down Duplex Financing

[Murphy Frankhouser]

I'm buying a duplex in Louisville KY as an owner occupant. I understood that 4 units or less Owner Occupied could get lower down payments on the property. I am not finding this to be the case. I make too much to qualify for housing programs in my area and duplex won't go FHA. I have tried several mortgage brokers and called several banks in my area.

My options are a 3/1 ARM @ 3.75% with 10% down payment or 15% down option.

Does anyone know how to get into the 3-5% down payment area?