Breaking News from Fannie Mae and Freddie Mac. Effective immediately homebuyers can purchase 2 to 4 unit multi family homes with 5% down payment. Before today’s Breaking News owner occupant primary multiunit homebuyers needed 15% down payment. Private mortgage insurance is required and we don’t yet know what the PMI factor is as of today. Just wanted to share this Breaking News with our forum viewers .

• This discussion was modified 1 year, 3 months ago by  Sapna Sharma.

Does anyone know the updated Fannie Mae two-to-four ulti-family guidelines on Conventional loans for owner-occupant, second homes, and investment properties?