How to finance my first duplex? Is this true?

[Gustavo Medina]

A local loan officer at Summit Funding in Stockton wrote the following...

"The maximum LTV for a 2-unit property is 85% plus it is required that you have 6 months reserves PITI. To give you an idea what that looks like a $225,000 sales price would require approximately $44,000 to close. You would need to total of $53,000 with reserves."

I've heard several podcast where you only need 5% down for your first duplex. I only have $15,000 saved up and was hoping to purchase my first duplex around 200k by the end of this year. Do I need to save another $40,000? Can someone help me with this? Thanks!