Income Verification

  • Self-Employed: 12-Month BorrowerPrepared P&L
  • Salaried: Quontic VOE2 with Current Income ONLY
  • No Tax Returns or W2s required. Not a Bank Statement Program.
  • Up to 50% DTI

Asset Verification

  • 1 Month Bank Statement (covering at least 30 days)
  • 100% Gifts Allowed for Down Payment, Closing Costs, Reserves1
  • Cash-Out Proceeds May Be Used Towards Reserves

Other Program Highlights

  • Purchase & Rate/Term Refinance up to 75% LTV
  • Cash-Out Refinance up to 65% LTV, Unlimited Cash-Out Funds
  • 1-4 Units, Condos, Coops, PUDs
  • Second Homes Allowed
  • Minimum 660 FICO
  • Loan Amounts up to $3,000,000
  • 5/6m ARM3, 7/6m ARM3, 15- or 30-Year Fixed
  • Interest-Only Option Available on All Loan Terms Except 15-Year Fixed