2-3-4 Family Investment Property

The 2-3-4 Family Investor Program is tailored toward borrowers who are looking to buy or refinance two, three or four family investment residential properties. Our 2-3-4 Family Investor Family Program is a Non-Qualified Mortgage (Non-QM) program that allows borrowers to qualify based on alternative methods, instead of the traditional income verification required for most loans. Whether your clients are a new or experienced real estate investor, flexible qualification requirements makes real estate investment opportunities available to a broader group of individuals.

Program Guidelines	Standard (Traditional Underwriting)	Alternative (Non-traditional Underwriting)
Competitive rates	Yes	Yes
Loan amounts max (per borrower)	$4 Million	$4 Million
Personal ownership	Yes	Yes
Corporate ownership	Yes	Yes
Up to 40 year terms	Yes	Yes
Occupancy	Yes	Yes
LTV (Loan-to-Value)	Yes	Yes
Minimum Global Debt Service Coverage of 1.25x	75% Purchase or 70% Cash-Out	70% Purchase or 65% Cash-Out
Minimum Credit Score	650	700
Reserves	9 Months	9 Months

If you’d like to learn more, please call Empire State Bank at 866-646-0003. Or, simply speak with an Empire State Representative at Banking Center near you.