Home loans for
Simpler mortgages for self-employed borrowers
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
100% Gift Funds Accepted For
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 up to $3,000,000 requires minimum 30% down payment and minimum FICO score of 740.
**20% Down payment required minimum 660 credit score and has a maximum $1.5 million loan amount.
A home loan to match your mindset
As a CDFI, we accept alternative income documentation to qualify, not just tax returns or W2s
12 Month CPA / Tax Prepared P&L accepted
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.
Frequently Asked Questions
Yes, Quontic accepts 100% Gift Funds for down payment, closing costs, and reserves 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.
"The loan team at Quontic Bank was fantastic! They helped me and my family to buy our first house. As immigrants, we have experienced many difficulties and obstacles, but they walked us through the best path and today we can say we own our own house. Highly recommended bank. Thank you."
"My loan officer and his team looked after me from A-Z. I was extremely glad as a person with non-US sourced income to be able to buy my dream apartment in NYC – without Quontic’s focus on niche borrowers like me, I quite simply would not have been able to purchase my new West Village home. Thank you, Quontic!"
“Despite having a substantial down payment and excellent credit score, I was turned down by other institutions because I did not meet their income requirements, so I called Quontic Bank. They specialize in loans that are made for investors or buyers who cannot meet conventional mortgage requirements. Thank you. Quontic.”
"I had a great experience with my loan officer. Everyone was responsive, thorough, and professional. They were able to provide a loan based on my specific needs, which was not possible through other lenders. Highly recommend and will be coming back again in the future."
"Excellent! I can’t believe it, I got my new home on time, 30-years fixed rate and no income check! I live in California, no matter they are in NY, all process we are doing by phone and email. They are professional. They know what documents need and help you to reach it. Thank so much to them!"
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 July 28, 2022 & is subject to change without notice.
2The Federal Housing Agency based on single unit as of January 1, 2022
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