Information poster about mortgage details, including start date, residence requirement, down payment, number of units, and no self-sufficiency test required, by The Lassig Team.

big news for real estate investors!

Fannie Mae to allow 5% down payments for owner-occupied 2-4 unit homes, starting November 18, 2023! This is a major change from the previous policy of requiring 15-25% down for duplexes, triplexes, and fourplexes. It's a great opportunity for those who want to purchase a multifamily home to live in and collect rent from the other units. Watch this video to find out more- https://youtu.be/jv5o2whAUwU