FHA Duplex Loan

FHA Duplex LoanFHA Duplex Loan
Warrenseene asked 4 years ago

I am looking to buy a duplex home as an owner occupied unit.  I have good credit 785, very low debt, but not much in savings.  I see 3.5% is required for down payment.  85k income and looking to buy something around the 170-190k range.  I am not a first time homebuyer.  I have a rental property I purchased back in 08.

 

Where should I start?  I want to have my homework done before calling a bank.  Being that it is an FHA loan will the rate, MIP, terms etc… all be the same amonst the lenders?  Any other lenders offer low down payments?

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