As long as you are on the property title and mortgage application and plan on living in one unit of the duplex after you purchase it, you should qualify for an owner occupied mortgage. The mortgage rates on owner occupied mortgages are typically lower than the rates on non-owner occupied mortgages so you should be able to save money on your monthly payment. Plus the qualification requirements for owner occupied mortgages are typically more flexible than for non-owner occupied mortgages which may improve your ability to qualify for the loan.
We always recommend that you contact multiple lenders to understand how they would handle your unique situation. You can review lenders in your area by clicking INTEREST RATES We advise you to contact at least four lenders as as shopping lenders is the best way to save money on your mortgage. You can also use our Personalized Mortgage Quote feature to receive no obligation mortgage quotes from up to four lenders.