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Updated over 6 years ago on .

User Stats

17
Posts
4
Votes
MC Crosby
  • New York
4
Votes |
17
Posts

Have you done deals with Quontic Bank?

MC Crosby
  • New York
Posted

Hi fellow investors,


I came across Quontic Bank’s Lite Doc loan, while researching yesteryear’s No Doc loans.

On premise, it sounds legit: the Lite Doc requires very high credit scores and a sizable down payment. Studies have shown that folks with good credit and ‘skin in the game’ rarely default.

However, Quontic has mixed reviews online. Of course, it comes down to the loan officer and their underwriting team but I would love to hear first hand accounts from folks here – the good, the bad and the ugly!

Thanks in advance.

MC