Days to CTC
with Fast Track
7
Unique
Programs
4
Ways to
Qualify
Grow your business
with Quontic Wholesale
The information on this page is provided for the benefit of mortgage professionals and not intended for vonsumers or the general public.
Benefits that come with your Quontic partnership
Access to
Fast Track
Easy to Use
Quontic Qualifier
Non-QM Lending to
all 50 states
Quontic's New Expedited Loan Closing Program
INITIAL UNDERWRITING | CONDITIONS | CLEAR TO CLOSE | |
---|---|---|---|
FAST TRACK TURN TIMES | 24 HOURS | 24 HOURS | 24 HOURS |
AVERAGE TURN TIMES | 48 HOURS | 48 HOURS | 48 HOURS |
FAST TRACK TURN TIMES | AVERAGE TURN TIMES | |
---|---|---|
INITIAL UNDERWRITING | 48 HOURS | 2 DAYS |
CONDITIONS | 48 HOURS | 2 DAYS |
CLEAR TO CLOSE | 48 HOURS | 3 DAYS |
*Turn times as of 8/24/2022
Mortgage loans in a
league of their own
Owner-occupied
As a CDFI, we serve the underbanked and understand that old tax returns don’t tell the borrower’s whole story. We validate a borrower’s income with a unique approach to qualifying their ability to repay.
Lite Doc
- No tax returns, W2s or pay stubs required
- 12 month CPA / accountant prepared P&L
- Up to 80% LTV; Up to 50% debt-to-income
12-Month Bank Statement
- 12 months personal, business or draft account or latest year’s 1099 tax form
- No tax returns or W2’s required
- Up to 80% LTV; Up to 50% debt-to-income
Investor
We understand that as a real estate investor some deals are time-sensitive and paperwork can be hard to wrangle. As a CDFI, we serve the underbanked and look beyond the basics of a borrower.
DSCR
- Qualify using subject property income ONLY
- No tax returns or W2s required
- Up to 75% LTV
Lite Doc
- 12 month CPA / accountant prepared P&L
- Property does not need positive cash flow; Use employment income to offset shortage
- Up to 75% LTV; Up to 50% debt-to-income
What is Lite Doc and how to qualify
Become an approved broker
Disclosure:
This information is provided for the benefit of Mortgage Professionals and not intended for Consumers or the general public.
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.
August 8, 2022