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Updated over 6 years ago on . Most recent reply
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Fannie Mae multi family down payment requirements
Hello BP Family,
I am submitting an offer on a property this week. This is a duplex unit. I have recently been inform from my lender that Fannie Mae requires a 25% minimum down payment. I originally was planning on 15% as the down payment. Could I possibly get some ideas of alternative options for down payment percentages or alternative funding?
Thank you
Steve Kirsch