Development Loans1

Our Community Development Loans provide non-traditional access to prime mortgage financing. These loans are best suited for purchase or refinance borrowers with good credit who may not show consistent income, or have difficult to document income, despite having strong savings or access to gift funds.

Equal Housing Lender

Significant Down Payment
+ Good Credit
Flexible Income Verification

As a federally chartered digital bank and US Treasury designated Community Development Financial Institution (CDFI), we’re one of only a few mortgage lenders that can accept alternative income documentation from borrowers who have strong credit and the substantial down payment to qualify. We assess the loan applicant’s full financial profile, not just bank statements, W2s and tax returns.

Community Development Loans

Little To No Income
Documentation Required


Self-prepared Profit & Loss Statements
Accepted For Small Business Owners


100% Gift Funds Accepted For
Down Payments, Closing Costs, Etc.


Loan Amounts

Up to $548,250*
Up To $3,000,000*

Minimum FICO Score Required


Minimum Down Payment Required

As low as 3%

Information in this chart is applicable to the purchase of a primary residence only.

*A loan amount up to $3,000,000 requires 30% down payment and a FICO score of 700.

**20% down payment requires a minimum 720 credit score and has a maximum $1.5 million loan amount.

Designed For Diverse Borrowers

Recognized As A Top Mortgage Lender

Quontic’s loan officers help make the loan process simple and seamless. With mortgage experience across multiple loan programs spanning decades, they are a diverse and multi-lingual team ready to walk you through each step of the mortgage process. And with hundreds of 5 star reviews from our customers, you can trust you’ll get a customized experience that makes your purchase or refinance goals a reality.

Zillow 4.9 star rating
Bankrate 5 star rating
Google 4.5 star rating


Approximately 70% Of Our Mortgage Loans In 2021 Are To 
Low- and Moderate-Income Households and Communities

Frequently Asked Questions

The first step is to get pre-qualified. Tell us more about you in 60 seconds or less so we can connect you with a Quontic mortgage specialist.

Gift funds are monetary gifts a borrower receives from generous relatives to use towards the down payment and/or, possibly, other costs associated with purchasing a home. Funds received from grants or financial assistance companies cannot be used as gift funds. To learn more about gift funds, check out our guide “Using Gift Funds For A Down Payment”.

Yes, Quontic accepts 100% Gift Funds for down payment, closing costs, and reserves for our Community Development Loans for eligible applicants.

Depending on which loan program you qualify for, you can have as little as a 20% down payment to own a home.

Depending on which loan program you qualify for, a statement of income may not be required.

No tax returns or W2s are needed to qualify for our Community Development Loans.

At Quontic, you’re more than just a loan application. We value all our customers’ diverse situations and embrace them with specialized mortgages made to fit their needs. Plus, in addition to being registered to lend in all 50 states, we offer a diverse and multi-lingual sales team, an experienced Mortgage Specialist at every step and convenient and helpful customer service.

Getting pre-qualified for a mortgage helps you understand how much home you can afford and shows that you are a serious buyer. It also helps you find a lender that can work with you to select the right home loan with an interest rate that fits your needs.

Mortgage rates can change every day. For the most current rates, please provide your contact information and we’ll have a mortgage specialist contact you.

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1All lending products are subject to approval. Rates, program terms & conditions are subject to change without notice. Not all products are available in all states or for all amounts. This does not represent an offer to enter into a loan agreement. Other requirements, restrictions & limitations apply. Information is accurate as of September 24, 2021 & is subject to change without notice.

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*The Federal Housing Agency based on single unit as of August 23, 2021