Bring your deals, scenarios and questions as National Mortgage Professional Magazine presents a DealDesk featuring Quontic Bank's Lite Doc Program. Come join this interactive forum where mortgage brokers and loan officers share real deals and scenarios. These DealDesk webinars are both informative and deal-making.
At Quontic Wholesale, our bank's CDFI status allows us to validate income with a unique approach to qualifying ability to repay. Our owner-occupied and investor Lite Doc programs offers versatility and flexibility, plus unique features that can help you get more of your home purchase or refinance borrowers qualified:
- No tax returns or W2s needed
- 100% gift funds accepted for down payment and closing costs
- 1 year of employment income allowed
- Loan amounts up to $3,000,000
- Up to 80% LTV and up to 50% DTI
- Cash-out proceeds may be used towards reserves
- First time home buyers allowed
- 1-4 units, condos, coops, PUDs and includes second homes
