Industry Insights from Quontic Bank
News and ideas for today’s independent broker
Bank Statement Mortgages Ready to Serve the Under-Banked Self-Employed Borrower
What is a bank statement mortgage? Bank statement loans are non-qualified mortgages (non-QM), meaning that instead of relying on pay stubs, tax returns or W-2s
Mortgage options for self-employed people
Self-employment is more than a trend. It’s a reality for 28% of the US population, or approximately 44 million individuals, who work for themselves. That number is rising.
How does a bank statement loan work?
A bank statement loan is a mortgage for which the underwriter uses the borrower’s bank statements to verify and evaluate income. Here’s a closer look at what bank statement loans are and who they can benefit.
Mortgage options for landlords
Owning a rental property is one way to build wealth or generate a stream of passive income. Financing for a rental property does not have to be constrained by the borrower’s income or other debt.
Who should get a Lite Doc loan?
For brokers, knowing the best alt doc loan, stated income loan and no document loan options is the way to help more qualified borrowers remove obstacles to buying a home or investment property.
Bank Statement Mortgages Ready to Serve the Under-Banked Self-Employed Borrower
What is a bank statement mortgage? Bank statement loans are non-qualified mortgages (non-QM), meaning that instead of relying on pay stubs, tax returns or W-2s
Mortgage options for self-employed people
Self-employment is more than a trend. It’s a reality for 28% of the US population, or approximately 44 million individuals, who work for themselves. That number is rising.
How does a bank statement loan work?
A bank statement loan is a mortgage for which the underwriter uses the borrower’s bank statements to verify and evaluate income. Here’s a closer look at what bank statement loans are and who they can benefit.
Mortgage options for landlords
Owning a rental property is one way to build wealth or generate a stream of passive income. Financing for a rental property does not have to be constrained by the borrower’s income or other debt.
Who should get a Lite Doc loan?
For brokers, knowing the best alt doc loan, stated income loan and no document loan options is the way to help more qualified borrowers remove obstacles to buying a home or investment property.