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Updated almost 5 years ago on . Most recent reply

User Stats

90
Posts
34
Votes
Bryan Cavellier
  • Rental Property Investor
  • Syracuse, NY
34
Votes |
90
Posts

Lending /// Owner Occupied MFH vs. SFH /// Why different %?

Bryan Cavellier
  • Rental Property Investor
  • Syracuse, NY
Posted

If I owner occupy a SFH home my lendors are telling me a down payment of 15-20% but if I would want a MFH it would be a 20-25% down payment. Why is that? I would have more of an income with a MFH than a SFH, what am I missing? Thanks in Advance for all the help/advice.

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