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10%-15% downpayment no PMI

Are there any lenders in Des Moines Iowa that allows 10%-15% downpayment no PMI on a single family home under commercial loan? I have one property in a small town that has these terms but I want to expand “ outside” of this town & they only allow those terms on properties that are dedicated to that town & surrounding areas.

I have a potential property I have my eye own but I want that same terms with a different lender. Please share your knowledge & experience.

submitted by /u/Zone4properties
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source https://www.reddit.com/r/RealEstate/comments/1h6elnf/1015_downpayment_no_pmi/
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