FDIC-Insured - Backed by the full faith and credit of the U.S. Government

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

Loan amounts max (per borrower)

$4 Million

$4 Million

Personal ownership

Corporate ownership

Up to 40 year terms

Occupancy

LTV (Loan-to-Value)

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.