What if we told you there was a way you could live AND make money in the same place? 👀
With new Fannie Mae Multifamily loan down payment requirements, qualified buyers can purchase a 2-4 unit primary residence with as little as 5% down*!
Here are three reasons to consider it:
1️⃣ Affordable down payment: Say goodbye to hefty down payments. You need only 5%.
2️⃣ Create steady, passive income: Because borrowers must use the multifamily home as a primary residence, you can live in one unit and rent out the remaining units to help cover your mortgage payments!
3️⃣ Multigenerational living. Have your extended family living under one roof but in separate units. Ya know, because
#personalspace.
Sound like a great option for you? Contact a Movement Mortgage loan officer today to learn more about making your dream of homeownership and an income-producing property a reality!
*For qualified borrowers only. At least one unit must be owner-occupied. Not available for second homes or non-ow...