Is putting less that 20% down (on a second home) possible in NY state?My lender is saying I need at least 20% down for a conventional loan - is there another type of mortgage available in NY state that I could put 10% down? I am willing to pay PMI, but my current lender is saying this is not an option. Please advise!October 21 2013 - Riverhead0YesReport 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.