Financing on a multifamily (4 units) that will be owner occupied. MassHousing or FHA loan better?It will be owner occupied; 4 units in total. Half building is de-leaded. From what I have gathered; MassHousing you have to have 5% down, and you may not be able to get any seller concessions? With FHA I was told by a loan officer that they require 3 months of mortgage payments in the bank at closing for reserves. Not sure of the mortgage insurance premiums effect upfront and life over loan costs? And how rates stack up against each other? Are closing cost different? October 07 2010 - New Bedford00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.