CDL

Investor - DSCR (No Ratio)

With this program, we are providing financing for diverse homeowners and real estate investors. Quontic looks beyond the standard loan qualification metrics associated with traditional income and credit verification. See below for some of the key highlights of this program and download the program flyer to see more!

Income Verification

Qualify Using Subject Property Income ONLY
Minimum 1.00x DSCR
No DTI or Global Calculated
No Tax Returns or W2s required. Not a Bank Statement Program.
No Statement of Employment or Income Required

Asset Verification

1 Month Bank Statement (covering at least 30 days)
100% Gifts Allowed for Down Payment, Closing Costs, Reserves¹
Cash-Out Proceeds May Be Used Towards Reserves

Other Program Highlights

Purchase & Rate/Term Refinance up to 70% LTV
Cash-Out Refinance up to 60% LTV, Unlimited Cash-Out Funds
1-4 Units, Condos, PUDs
Loan Amounts up to $1,500,000
Minimum 700 FICO
5/1 ARM², 7/1 ARM², 15 or 30 Year Fixed
Interest Only Option Available on All Loan Terms Except 15 Year Fixed.
Corporations and LLCs Accepted

Call Us Today

Learn how our full line of loan programs can help your clients secure home financing

1-866-294-2301

Foreign National

Home loans for non-U.S. citizens anywhere in the 50 United States

Owner Occupied - No Ratio

With this program, we are providing non-traditional access to prime capital fostering homeownership for diverse underbanked individuals and families.

Investor Owned - Lite Doc

We are providing financing for diverse homeowners and real estate investors.

Disclosure:
This is intended for Mortgage Broker professionals. 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.

June 25, 2020

¹ Reserve Requirements Subject to Loan Amount and Number of Financed Investment Properties.

² Adjustable-rate mortgage

³ Debt-To-Income