A mortgage made for entrepreneurs
Home loans for entrepreneurs
Quontic offers Community Development Loans for enterprising self-employed business owners. If you have inconsistent or difficult-to-document income, we may be able to simplify the complicated process of buying or refinancing your home with a seamless mortgage process that offers more flexibility than conventional loans: flexible income documentation requirements for entrepreneurs, a minimum FICO credit score of 660 and the option to use gift funds to cover up to 100% of your down payment and closing costs.
Simpler mortgages for entrepreneurs
Community Development Loans
100% gift funds accepted for down payments and closing costs on investment property loans
Up to $726,200*
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.
*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 for qualified applicants.
***20% Down payment required minimum 660 credit score and has a maximum $1.5 million loan amount.
A home loan to match your mindset
12 Month CPA / Tax Prepared P&L accepted
As a CDFI, we accept alternative income documentation to qualify, not just tax returns or W2s
Recognized as a top mortgage lender
Frequently Asked Questions
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 December 14, 2022 & is subject to change without notice.