Introducing Quontic’s Bank Statement and Asset Depletion Programs!

24 or 12 month bank statement options available
P&L product available
Asset Depletion

QB SERIES 1

12 & 24 Month Bank Statement

Personal statements – 100% of business-related deposits (must be 25% owner)
Business Statements – Borrowers must have a minimum of 50% ownership in business.

QB SERIES 1

Asset Depletion Program

Personal Accounts – 100%
Stocks & Bonds- 70% of remaining value
Retirement Assets may only be used if borrower is retirement age (at least 59 ½ )

Streamline refinance

Owner Occupied

True No Doc Loan
No statement of employment or income required
Max LTV: 80% with 700 FICO (1-2 family homes only)
Loans ≤ $400,000: AVM⁴ and property inspection only
18 month 0x30 payment history on subject mortgage

Streamline Refinance

Investor

True No Doc Loan
No statement of employment or income required
Max LTV: 75% with 700 FICO
Loans ≤ $400,000: AVM⁴ and property inspection only
18 month 0x30 payment history on subject mortgage

NO RATIO

Owner Occupied

No Tax Returns Or W2s
No Statement of Income, Employment or DTI¹ Calculated
100% Gifts Acceptable
Up to 70% LTV
This is NOT a Bank Statement Program

LITE DOC

Owner Occupied

Self-Employed: 12-Month Borrower Prepared P&L
Salaried: Quontic VOE² of Current Income Only
Up To 80% LTV; Debt-to-Income to 50%, PITI³ reduction for 2-4 units.
100% Gifts Acceptable
This is NOT a Bank Statement Program

No Ratio (DSCR)

Investor Owned

No Tax Returns or W2s
No Income Stated or DTI¹ Calculated
No Debt-Income Calculation or Limit
Qualify Using Subject Property Income Only
Minimum 1.00 DSCR
1-4 Units, Condos & Mixed Use

Lite Doc

Investor Owned

Self-Employed: 12 month Borrower Prepared P&L
Salaried: Quontic VOE² of Current Income Only
No Tax Returns or W2s
Subject Property Doesn’t Need Positive Cash Flow
Up To 75% LTV; Debt-to-Income to 50%, PITI³ reduction for 2-4 units.
1-4 Units, Condos & Mixed Use

Home loans for non-U.S.citizens

Foreign National

No U.S. credit required
Non-Warrantable Condos
55% to $3,000,000
1-4 unit, condo & co-op
Available in all 50 United States

Become an Approved Broker

Fill out the form below to get the process started.

Disclosure:
All lending products are subject to credit & property approval. Rates, program terms & conditions are subject to change without notice. Not all products are available in all states or for all amounts. Other restrictions & limitations apply. Quontic Bank name & logo are registered trademarks. © 2020 Quontic Bank. All rights reserved.

Information is accurate as of the date listed below and may change without notice.

May 11, 2020

¹ Debt-To-Income

² Verification of employment

³ Principal, interest, taxes & insurance

⁴ Automated valuation model