LITE DOCUMENTATION HOME LOAN
As a community driven organization, we validate income with a unique approach to qualifying ability to repay. You shouldn’t be judged based on what you made years ago.
ESTIMATED LOAN AMOUNT
$450,000
Check eligibility
Google ★ 4.5/5
Zillow ★ 4.9/5
Top Mortgage Lenders · Scotsman Guide
*for down payment and closing costs
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Simpler mortgages for
non-traditional borrowers
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 vs. Lite Documentation
FEATURE
CONVENTIONAL LOANS
LITE DOCUMENTATION LOANS
Little to no income documentation required
No
Yes
Maximum debt-to-income ratio
43%
50%
100% gift funds accepted for down payment and closing costs
No
Yes
Loan amounts
Up to $766,550
Up to $3,000,000*
Minimum FICO score required
620
660
Minimum down payment required
As low as 3%
20%**
Adjustable, fixed, and interest-only rate options
Yes
Yes
Home purchase and refinance, including cash-out refinance
Yes
Yes
2nd home and multifamily properties allowed
Yes
Yes
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.
Lite Doc loan highlights
Only 1 year of self-employment required
12-month CPA or tax-prepared P&L for self-employed or 5 question income verification for salaried borrowers
No tax returns or W2s needed to qualify
Quontic’s non-traditional loan programs benefit people who, based on profession or life stage, don’t meet traditional documentation requirements despite having the means to afford a home.
Delivery & Ride Share Workers
Seasonal, Event & Gig Workers
Real Estate Investors
Self-Employed & Small Business Owners
Commission-Based Sales Professionals
Entertainers & Artists
Retirees
Freelancers, Contractors & Consultants
Hospitality, Wellness & Service Professionals
Young Professionals
Recognized as a top mortgage lender
Quontic’s loan officers help make the loan process simple and seamless. With experience across multiple loan programs spanning decades, they are a diverse and multi-lingual team ready to walk you through each step. Hundreds of 5-star customer reviews reflect a customized experience built around making home purchase goals a reality.
Real homeowners. Real experiences.
“The loan team at Quontic Bank was fantastic! They helped me and my family buy our first house. As immigrants, we experienced obstacles, but they walked us through the best path and today we can say we own our own house.”
Paola R. · ★★★★★
“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 would not have been able to purchase my new West Village home.”
Bryce G. · ★★★★★
“Despite a substantial down payment and excellent credit score, I was turned down elsewhere because I did not meet their income requirements. Quontic specializes in loans for buyers who cannot meet conventional mortgage requirements.”
James C. · ★★★★★
“Excellent! I got my new home on time, with a 30-year fixed rate and no income check. The whole process was done by phone and email. Professional, and they knew exactly what documents were needed.”
Ng Kyle C. · ★★★★★
What are gift funds?
Does Quontic accept gift funds?
How much of a down payment do I need?
Do I need to verify my income?
Do I need tax returns to qualify?
Why should I get my mortgage through Quontic Bank?
Why is it important to get pre-qualified?
What are the current mortgage rates?