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Updated over 3 years ago,
Lender Referrals for FHA with 3.5% down for multifamily
Hi All,
I'm looking for some referrals for lenders that allow 3.5% on FHA on multi-family units (4-plex). I reached out to my local lender and they indicated that even with a FHA they would require 25% down. Is this now the industry norm? If not, any recommendations on lenders that allow the 3.5% down are greatly appreciated.
-Wes