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Home loans for
self-employed borrowers

If you’re self-employed as a business owner, contractor, freelancer, or gig worker, qualifying for a mortgage no longer has to be just a dream. Quontic offers non-traditional loans1 for the enterprising and entrepreneurial community. Whether you have inconsistent or difficult to document income, we may be able to help you make the complicated process of purchasing or refinancing a home simple and seamless. We focus on helping you finance your home, so you can focus on growing your business.
Google rating: 4.5 of 5 stars
Bankrate rating: 5 of 5 stars
Zillow rating: 4.9 of 5 stars

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.
Conventional
Loans
Non-Traditional Mortgages
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Flexible income
documentation required

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100% gift funds accepted for down payments and closing costs on investment property loans

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Loan amounts

Up to $726,200*
Up To $3,000,000**
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Minimum FICO score required

620
660
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Minimum down payment required

As low as 3%
20%***

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

*The Federal Housing Agency based on single unit as of January 1, 2023

**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

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As a CDFI, we accept alternative income documentation to qualify, not just tax returns or W2s

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12 Month CPA / Tax Prepared P&L accepted

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Corporations and LLCs are accepted for investment properties

Home Loan Options for Self Employed Borrowers

Qualify with flexible income documentation
Qualify with your last 12 month bank statements
Qualify with a comprehensive analysis of your total assets

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

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. https://www.quontic.com/mortgages/cdl-mortgage-pre-qualify-self-borrowers/
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 and closing costs for our Non-Traditional Mortgages 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 Non-Traditional Mortgages.

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. https://www.quontic.com/mortgages/speak-to-mortgage-specialist/
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Disclaimer:

1All lending products are subject to credit and collateral 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 August 31, 2023 & is subject to change without notice.

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