Posted To: Pipeline Press

Lender and Broker Products and Webinars Quontic Bank has expanded its very popular No Ratio program such that the borrower doesn’t put income or job on the application for owner-occupied borrowers. The borrower could have opened a business yesterday. No bank statements for income; No tax returns; No P&L and No Accountant’s letter. No DTI Calculated, up to 75% LTV, Loan Amounts up to $3,000,000. 100% gifts allowed which can include reserves. First-time Homebuyers welcome. Quontic is hosting a webinar titled, “Lending Solutions for Unique Borrowers: Quontic Wholesale Lending on Tuesday, March 23 rd at 2:00pm EST to go over our new enhancements. Please register here and/or contact Craig Schimelman with any questions. 2021 was predicted to have the most home sales since 2006…(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

Source: Mortgage News Daily