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Updated over 7 years ago on . Most recent reply

4 unit foreclosure - owner occupied but still 25% down?
I'm looking to buy a homepath.com 4 unit as my primary residence - but the bank still requires I put down 25% downpayment since 4 units?
Is there a way to finance this without having to put 25% down? It is a Fannie Mae property. Price is $600K.
Most Popular Reply

You can buy this property under home possible program with 5% down. This program has income and area restriction.