Reviews · Platform teardown

Quontic Bank DSCR Review 2026: The Only FDIC-Insured + CDFI-Certified DSCR Lender — and 3 Open Enforcement Orders

Item: Quontic Bank
Rating: 3.6
Author: Jorge

By Jorge·May 13, 2026·28 min read

Affiliate Disclosure: Some links are affiliate links. We may earn a commission at no extra cost to you. This does not affect our ratings. Learn more.

Quick Answer

Quontic Bank (FDIC Certificate #57807, OCC Charter #717974, federally chartered savings bank / thrift headquartered at 31-05 Broadway, Astoria, Queens, NY 11106) is the only FDIC-insured, U.S. Treasury-certified Community Development Financial Institution (CDFI), and portfolio-retaining DSCR lender in the United States real-estate-crowdfunding affiliate review universe. Acquired in late 2009 by Steven Schnall and George Lazaridis (originally Golden First Bank, purchased for $24 million in assets and rebranded), Quontic is structurally unlike every other DSCR lender we cover: every peer (Visio Lending, Kiavi, Lima One Capital, Roc360, Velocity Financial, LendingOne, Easy Street Capital) is a non-bank lender. Quontic is a regulated FDIC depository with a federal thrift charter that holds DSCR loans on its balance sheet rather than packaging them for securitization. Total assets approximately $832-853 million, total deposits ~$740-760M, total equity capital $85.62M, net interest margin 3.37%, ROA / ROE 0.36% / 3.53% per recent call report mirrors. DSCR product (verified on quontic.com/mortgages/non-traditional-loans/dscr/ and quonticwholesale.com/investor-dscr/): minimum DSCR 1.10x, minimum FICO 680, maximum LTV 75% (25% down), maximum loan $2 million retail / $2.5 million on certain non-QM portfolio products, eligible on SFR, 2-4 unit, condo, PUD, separate program for 5+ unit multifamily and mixed-use, 5/6 ARM, 7/6 ARM, 15-year fixed, 30-year fixed term options, interest-only available, $500,000 cash-out cap, first-time investors AND first-time homebuyers both eligible. Foreign national mortgage program (true foreign nationals only): 80% max LTV, 20% down, no US credit required. Separate ITIN mortgage program for primary residence (not investment). CRITICAL HONEST DISCLOSURE: Quontic operates under THREE open regulatory enforcement orders as of May 2026 — the 2018 OCC Formal Agreement #2018-093 (replaced and superseded), the October 5, 2022 OCC Cease-and-Desist Order #2022-048 imposing minimum 13% total capital + >9% leverage ratio requirements, and the July 5, 2023 Federal Reserve Bank of Philadelphia Written Agreement enf20230706a2 against the holding companies prohibiting dividends, share buybacks, debt issuance, or other capital distributions without prior written approval. None of these orders has been publicly terminated. CEO Steven Schnall died in a motorcycle accident August 2022; co-founder George Lazaridis remains Interim CEO going on four years; Robert G. Russell, Jr. (formerly Patriot Bank Stamford CEO) was named President on August 10, 2023. Quontic recapitalized to "above 20% total capital ratio" by March 31, 2023. Bitcoin Rewards Checking (launched October 2020 with NYDIG + FIS — first FDIC-insured Bitcoin rewards account) remains active in 2026 at 1.5% BTC on debit purchases — no Bitcoin-collateralized lending program; no crypto-derived income accepted for DSCR underwriting. BBB profile NOT BBB-accredited; Trustpilot 4.0 stars / 600+ reviews. The CDFI + DSCR intersection is unique: investor DSCR loans on rental properties in U.S. Treasury-certified Low-Income Target Market census tracts count toward Quontic's CDFI 60%-of-lending requirement — meaning the bank has an institutional incentive to approve investor loans in LMI and qualified census tracts that other DSCR lenders avoid. Quontic is the structural choice for an investor who values FDIC depository safety, portfolio retention, foreign national flexibility, or LMI-tract-targeted DSCR financing — and who can read three open regulatory orders honestly without flinching.

CSV · 10 rows

The data table in this article, as CSV

The 10-row table from this article as CSV: Dimension, Quontic, Visio (#1 by 2024 Scotsman), Kiavi…. Sources are listed in the article.

Quontic Bank DSCR Forensic Verdict (May 2026)

Quontic Bank is the only DSCR lender in the United States real-estate-crowdfunding affiliate universe that is simultaneously a regulated FDIC-insured depository, a U.S. Treasury-certified Community Development Financial Institution, and a portfolio holder of its DSCR loans rather than a securitization sponsor. That trifecta is structurally unique. The CDFI + DSCR intersection — where investor loans in U.S. Treasury-designated Low-Income Target Market census tracts count toward Quontic's 60% CDFI compliance requirement — gives a Section 8, workforce housing, or gentrifying-urban-market investor a real underwriting tailwind nowhere else in the market. But the bank is also operating under three open regulatory orders that have not been publicly terminated, has had no permanent CEO since founder Steven Schnall died in August 2022, has a stale December 2018 CRA performance evaluation as its most recent public assessment, and faces hard scale limits — at ~$830M total assets and ~$580M net loans, Quontic physically cannot grow DSCR volume the way Visio Lending's $4.7B-lifetime securitization-funded shelf can. For the right borrower (LMI-tract investor, foreign national, first-time investor wanting bank-charter regulatory protections, depository preferring portfolio retention to securitization-driven pricing whiplash) Quontic is structurally unique and worth a serious application. For a $50,000-ticket DSCR investor seeking the absolute rate floor or fastest possible closing, Kiavi's AI underwriting closes in ~21 days versus Quontic's typical 30-45 day timeline, and rates are not publicly disclosed at Quontic. Read the three enforcement orders honestly — and then decide whether the recapitalized post-$8M-private-placement, >20%-capital-ratio Quontic in 2026 is the right institution for your specific deal.

Why this review exists

Quontic Bank is the only FDIC-insured DSCR lender in our entire affiliate review universe. That single structural fact deserves a forensic review that treats it honestly — including the three open regulatory orders that aggregator reviews either ignore or whitewash. Most online Quontic content focuses on the consumer Bitcoin Rewards Checking product or on the high-yield savings account. The investor DSCR product — and its uniquely positioned intersection with Quontic's U.S. Treasury CDFI designation — is meaningfully under-covered by competitor reviewers.

This review corrects those gaps using primary sources: FDIC BankFind, OCC enforcement action archives, Federal Reserve press releases, OCC CRA Performance Evaluation PDFs, American Banker and Banking Dive enforcement coverage, Quontic's own current product pages at quontic.com and quonticwholesale.com, the Quontic CDFI Fund page, BBB profile data, Trustpilot reviews, and U.S. Treasury CDFI Fund certification records. We have no affiliate relationship with Quontic Bank or its parent holding companies. We earn nothing if you open an account, apply for a mortgage, or close a DSCR loan. Every link to quontic.com or quonticwholesale.com in this article is a generic destination URL.

1. Institutional facts

Fact	Value
Legal name	Quontic Bank
FDIC Certificate #	57807
OCC Charter #	717974
Charter class	Federal Savings Bank (thrift) — OCC-supervised. NOT a national commercial bank.
Headquarters	31-05 Broadway, Astoria, Queens, NY 11106
Branches	3 physical (Astoria HQ, Flushing NY, Coral Gables FL) — online-first model
Founded	Acquired late 2009 — originally Golden First Bank (purchased by Schnall + Lazaridis for $24M in assets, rebranded). Underlying charter is older.
Top-tier parent (HoldCo)	Quontic Bank Acquisition Corp.
Operating HoldCo	Quontic Bank Holdings Corp.
Total assets (most recent call report mirror)	~$832-853 million
Total deposits	~$740-760 million
Total equity capital	$85.62 million
ROA / ROE	0.36% / 3.53% (below well-managed-bank benchmarks of ~1.0% / 10%)
Net interest margin	3.37%
Tier 1 leverage ratio (Sept 30, 2022 last public number)	10.17% → recapitalized to >20% total capital by Mar 31, 2023 (per President Russell)
CDFI status	Certified Community Development Financial Institution since 2015. National Low-Income Target Market designation awarded 2019. One of under 2% of CDFI banks where deposits primarily fund LMI home loans (per Quontic's CDFI page).
Most recent OCC CRA Performance Evaluation	December 3, 2018 (covering 2015-2017) — "Satisfactory". No more recent public CRA PE has been posted by OCC.
BBB Accreditation	NOT BBB-Accredited
Trustpilot	4.0 stars across 600+ reviews

Charter class matters for the investor product story. Federally chartered savings banks (thrifts) operate under different asset-concentration rules than national commercial banks — specifically, OCC thrift rules favor 1-4 family residential mortgage holdings. This structurally aligns Quontic's balance sheet with portfolio retention of DSCR investor loans. The bank does not need to package DSCR loans for securitization the way a non-bank lender would; the federal thrift charter is built around long-tenor portfolio mortgages.

Aggregator-versus-primary distinction to flag: Do NOT describe Quontic as a "national bank." It is a federally chartered savings bank — a thrift. This matters for investor regulatory understanding and for honest comparison to peers.

2. DSCR product details (verified from quontic.com + quonticwholesale.com)

Retail DSCR Loan (quontic.com/mortgages/non-traditional-loans/dscr/)

Parameter	Value
Minimum DSCR	1.10x
Minimum FICO	680
Minimum down payment	25% → max LTV 75% (purchase and rate/term refi)
Maximum loan amount	$2,000,000 retail / $2,500,000 on certain non-QM portfolio products
Eligible properties	SFR, 2-4 unit, PUDs, condos
First-time investors	Yes — eligible
First-time homebuyers	Yes — eligible (unusual flexibility)
Entity ownership	Corporations and LLCs accepted
Income documentation	None — no tax returns, no W-2s
DTI calculation	Not calculated; property cash flow only

Wholesale DSCR (quonticwholesale.com/investor-dscr/)

Same 1.10x DSCR floor, $2M cap, 75% LTV, 680 FICO as retail
Cash-out cap: $500,000 cash in hand — key constraint versus Visio Lending (no published cap), Kiavi (varies)
Loan term options: 5/6 ARM, 7/6 ARM, 15-year fixed, 30-year fixed
Interest-only option available (qualifies on the IO payment)
Eligible: 1-4 units, condos, PUDs on standard DSCR program
Separate program: "DSCR Mixed-Use & Multi-Family" for 5+ unit and mixed-use — terms via loan officer disclosure only
Separate program: "Investor Foreign National DSCR Plus"

What Quontic does NOT publicly disclose

Specific rate ranges — Quontic directs all rate inquiries to "speak with a loan officer"
Prepayment penalty structure
Points and fees schedule
Reserves requirement (footnote says "subject to loan amount" — opaque)

This rate-transparency gap is material. Comparison-shopping versus Visio Lending's published rate sheets or Kiavi's online quote tool requires a Quontic loan officer phone call. For a borrower comparing six lenders, that is added friction.

Foreign National Mortgage (quontic.com/mortgages/non-traditional-loans/foreign-national/)

Parameter	Value
Eligibility	True foreign nationals only — borrower cannot live or work in the US
Minimum down payment	20% → max LTV 80% (more generous than the 25% on the retail DSCR page)
Income docs	Rental cash flow OR country-of-origin employment letter
Reference letters	Not required
Entity ownership	LLC / Corp accepted
Property purpose	Investment property only

This is a real differentiator. Velocity Financial caps foreign national LTV at 65%; many DSCR lenders do not have a published foreign national program at all.

ITIN Mortgage (quontic.com/mortgages/mortgage-prequalify-itin/)

Accepts ITIN in lieu of SSN
No tax returns, W-2s, or bank statements required
100% gift funds OK for down payment and closing costs
Primary residence only — NOT investment property

The ITIN program is distinct from the DSCR program. Quontic is one of very few banks with both a foreign national investor mortgage AND an ITIN primary-residence mortgage under one roof.

If you are going to apply to Quontic Bank, go in with the numbers.

The door is below. Next to it, the one thing from the review above that you should have in mind when you walk through it.

Quontic Bank

Go to Quontic Bank

What the review found: Three open regulatory enforcement orders as of May 2026 (2018 OCC, 2022 OCC C&D, 2023 Fed Written Agreement) and no permanent CEO since August 2022.

Not an affiliate link. Quontic Bank pays us nothing for this click; if that ever changes, this line will say so.

Before you apply: our DSCR calculator

Check if you qualify

Free, no signup. It runs both formulas lenders underwrite with — Rent ÷ PITIA and NOI ÷ debt service — and maps your result against the published DSCR floors of ten lenders, so you know which ones you clear before any of them pulls your credit.

Modelling more than one property? DealCheck returns cash-on-cash, cap rate, DSCR and a full amortisation view per address (affiliate link; code BESTDEAL takes 20% off; it is a paid subscription).

3. Regulatory record — three open enforcement orders

This is the most important section of this review, and it is the one most aggregator reviewers either ignore or whitewash. Triangulated across OCC enforcement archives, Federal Reserve press releases, OCC CRA PE PDFs, American Banker, Banking Dive, and S&P Global:

Action ID	Date	Regulator	Substance
#2018-093 (Formal Agreement)	December 2018	OCC	Unsafe or unsound banking practices relating to board and management oversight and funds management practices. Required revised capital adequacy plan.
#2022-048 (Cease-and-Desist Consent Order)	October 5, 2022	OCC	Replaced and superseded the 2018 agreement because Quontic 'failed to address certain regulatory concerns outlined in 2018.' Imposed minimum 13% total capital ratio + >9% leverage ratio. Bank reported 10.17% leverage as of Sep 30 2022 → had to recapitalize.
Written Agreement enf20230706a2	July 5, 2023	Federal Reserve Bank of Philadelphia	Against HoldCo Quontic Bank Holdings Corp. and top-tier HoldCo Quontic Bank Acquisition Corp. No dividends, no share repurchases, no other capital distributions without prior written approval. HoldCo cannot incur, increase, or guarantee debt without approval. Required cash-flow projections + capital maintenance plan.

No public termination of the 2022 OCC Cease-and-Desist Order #2022-048 or the 2023 Federal Reserve Written Agreement has been announced as of May 13, 2026 — verified by reviewing OCC enforcement monthly press releases for January through December 2025 and Federal Reserve enforcement-termination press releases. Quontic does not appear on the public termination lists.

Capital response: Quontic Bank Acquisition Corp. injected $8 million in a private placement (per Quontic's own press release). President Robert G. Russell, Jr. publicly stated that total capital ratio was "above 20%" by March 31, 2023. That capital ratio compares favorably to the 13% minimum imposed by the 2022 order.

Civil litigation:

TCPA (Telephone Consumer Protection Act) class action. Bloomberg Law: "Consumer Advances Spam Call Class Action Against Quontic Bank." A federal court allowed a proposed class to proceed against Quontic over four marketing calls made in June 2019 to a residential line. Status: active proceeding.
Universal Lending Depot, LLC v. Quontic Bank (2024 N.Y. Slip Op 33170(U)) — a New York commercial dispute, not a borrower class action.

BBB. Quontic Bank is NOT BBB-Accredited. Mortgage-related complaints visible 2025-2026 with patterns around loss mitigation, modification disputes, and documentation requests. Specific complaint count not extractable in our research due to BBB-side rate limiting.

Trustpilot. Approximately 4.0 stars across 600+ reviews. Positive themes around named loan officers. Negative themes around app/notification reliability and account openings that were denied.

CFPB Consumer Complaint Database: We could not extract the count via WebFetch (the consumerfinance.gov complaint search page is interactive and not WebFetch-friendly). Manual pull at consumerfinance.gov/data-research/consumer-complaints/search?company=Quontic%20Bank is recommended before any reader bases a personal funding decision on this section.

4. CDFI + DSCR interaction — the genuinely unique structural feature

Quontic is one of fewer than 2% of U.S. CDFI banks where customer deposits primarily fund LMI home loans (their own claim, supported by the 2018 CRA evaluation showing a 104.3% average loan-to-deposit ratio).

CDFI compliance rule: A CDFI bank must direct at least 60% of its lending units AND lending dollars to target-market borrowers (low-to-moderate-income individuals or LMI census tracts).

Direct implication for DSCR investors: A DSCR investor loan on a rental property located in a U.S. Treasury-designated Low-Income Target Market census tract counts toward Quontic's CDFI compliance requirement. This means Quontic has an institutional incentive to approve investor DSCR loans in LMI and qualified census tracts that other DSCR lenders avoid.

For an investor whose deal pipeline focuses on:

Section 8 housing
Workforce housing in LMI tracts
Gentrifying urban markets
Census tracts categorized by HUD as "Qualified Census Tracts" (QCT)
LIHTC project markets and surrounding LMI tracts

Quontic is the structural choice. No other DSCR lender in our affiliate universe has this CDFI underwriting tailwind.

2021 CDFI Rapid Response Program award: $1.825 million from U.S. Treasury (COVID-era).

5. Capital markets / balance sheet positioning

Quontic holds DSCR loans for portfolio — consistent with thrift charter + CDFI mission + small asset base of approximately $830M. Net loans of ~$580M against ~$760M deposits give a loan-to-deposit ratio of approximately 76%.
No public Morningstar DBRS or KBRA securitization shelf under Quontic Bank's name surfaced in our research. Quontic is NOT a securitization sponsor like Angel Oak, Verus Mortgage, Velocity Financial, or Visio Lending's Beach Point Trust shelf.
FHLB borrowings: Not specifically broken out in aggregator call-report mirrors, but the bank IS an FHLB member as standard practice for federal thrifts.
Allowance for loan losses coverage at 5.81% — high relative to most banks, consistent with non-QM concentration exposure.

Strategic implication for the article reader: A borrower benefits from a hold-to-maturity lender that does not have to package loans for sale at the next securitization window. Pricing and terms should not be at the mercy of capital markets the way a securitization-funded lender's pricing is. BUT the small ~$830M balance sheet means Quontic physically cannot scale DSCR volume the way Visio Lending (#1 by 2024 Scotsman submitted volume at $854.6M — alone bigger than Quontic's entire balance sheet) can. The choice between Quontic and Visio is a structural one: portfolio retention with a small institution, or securitization-funded scale with a private lender.

6. Bitcoin product — still active, NOT connected to DSCR

Bitcoin Rewards Checking launched October 2020 with NYDIG + FIS — first-ever FDIC-insured Bitcoin rewards checking account. Still active as of 2026 per FinanceBuzz, MyBankTracker, and Bankrate reviews. 1.5% BTC rewards on debit card purchases. No monthly fees.
No Bitcoin-collateralized lending program found in Quontic's product matrix.
No link between crypto income and DSCR underwriting — Quontic's DSCR is property-cash-flow-based (rental income only), and the bank does NOT accept crypto-derived income for investor-loan underwriting. The article should be explicit on this to forestall reader misconception.
Pay Ring contactless wearable (launched 2022) and Metaverse outpost (2022) — marketing/strategic signals of an innovation-first brand identity even while operating under enforcement orders.

7. Competitive positioning

Dimension	Quontic	Visio (#1 by 2024 Scotsman)	Kiavi	Angel Oak (NYSE:AOMR)
Charter	FDIC thrift + CDFI	Non-bank	Non-bank	Non-bank (REIT NYSE:AOMR upstream)
Min DSCR	1.10x	1.0x (more flexible)	1.0-1.1x	varies
Max LTV (purchase)	75%	up to 80%	up to 80%	up to 80%
Min FICO	680	680	660	660-700
Max loan	$2M-$2.5M	$2M+	$3M+	$3.5M+
Speed to close	30-45 days (slower)	21-30	under 21 (AI/ML underwriting)	25-35
Hold vs sell	Portfolio	Securitize	Securitize	Securitize
Foreign national	Yes (separate program, 80% LTV)	Limited	No	Limited
First-time investor	Yes	Yes	Cautious	Yes
2024 origination volume	Not disclosed (small)	$854.6M Scotsman #1	Larger	Larger via REIT

Where Quontic WINS:

FDIC depository + CDFI mission + portfolio retention + first-time-investor friendliness + true foreign national program under one roof. Quontic is the only DSCR lender that is simultaneously a regulated FDIC depository, a Treasury-certified CDFI, AND a portfolio holder of its DSCR loans.
LMI-tract underwriting tailwind via CDFI status — no peer offers this.
80% LTV foreign national program — more generous than Velocity's 65% cap.
ITIN primary-residence program under the same institution.
Three branches in three states plus online-first model provides a degree of physical-bank reassurance some borrowers value.

Where Quontic LOSES:

Speed. No AI underwriting like Kiavi. 30-45 day timeline versus Kiavi's under 21 days.
Max loan size. $2M-$2.5M cap versus Kiavi's $3M+ and Angel Oak's $3.5M+ — Quontic cannot service a 10-property buyer financing $20M+.
Scale. Cannot grow volume the way securitization-funded lenders can.
DSCR floor of 1.10x — tighter than Visio's 1.0x case-by-case sub-1.0 ability.
Rate, prepay, points, reserves all opaque behind "speak to a loan officer."
Three open enforcement orders require honest reader-side discounting in the application decision.

8. Risk factors a borrower should price

Five non-obvious risks worth honest disclosure:

Three enforcement actions in five years (2018 OCC → 2022 OCC C&D → 2023 Fed Written Agreement) are still OPEN as of May 2026. This is the most important fact in this entire review and competitors have largely not surfaced it. The 2022 OCC C&D imposed minimum capital ratios that Quontic met by Q1 2023; the 2023 Fed Written Agreement restricts the holding company's capital distributions and debt issuance. Neither has been publicly terminated.
Quontic has had NO permanent CEO since founder Steven Schnall died in a motorcycle accident in August 2022. Co-founder George Lazaridis remains Interim CEO. Robert G. Russell, Jr. (formerly Patriot Bank Stamford CT CEO) was named President on August 10, 2023. Going on four years without a permanent CEO while operating under three regulatory orders is a material governance signal.
The CDFI + DSCR intersection is genuinely unique — but it also means Quontic's lending decisions are constrained by CDFI 60% target-market compliance. For an investor whose deal is NOT in an LMI tract, Quontic may underwrite less aggressively than peers without that constraint. This cuts both ways.
Quontic's most recent OCC CRA Performance Evaluation is from December 2018 (covering 2015-2017). For a self-styled CDFI bank, having a 7+ year-old CRA "Satisfactory" rating and no public follow-up evaluation is a transparency gap.
Quontic is the ONLY DSCR lender in the affiliate universe that retains loans on balance sheet at a meaningful scale (~$580M net loans, ~$830M assets). Borrowers benefit from rate stability and a lender that has skin in the game past closing — but the bank's small asset base means it physically cannot grow DSCR volume the way non-bank securitizers can.

Pros

Only FDIC-insured DSCR lender in the real-estate-crowdfunding affiliate universe. Federal Savings Bank charter + FDIC deposit insurance on accounts + OCC supervision.
Treasury-certified CDFI since 2015 + National Low-Income Target Market designation 2019. Genuinely unique LMI-tract DSCR underwriting tailwind — Quontic has an institutional incentive to approve investor loans in LMI and Qualified Census Tracts other DSCR lenders avoid.
Portfolio retention model rather than securitization-driven pricing. Rates and terms should not whiplash with the CMBS or non-QM ABS market cycle.
True foreign national program at 80% LTV — more generous than Velocity Financial's 65% cap. Separate ITIN primary-residence program available under the same institution.
First-time investors AND first-time homebuyers eligible for DSCR — unusual underwriting flexibility.
Recapitalized to >20% total capital ratio by Q1 2023 post the October 2022 OCC C&D — well above the imposed 13% minimum.
Bitcoin Rewards Checking (1.5% BTC on debit purchases, first-ever FDIC-insured Bitcoin rewards account, launched October 2020 with NYDIG + FIS) and other innovation signals (Pay Ring contactless wearable 2022) suggest forward-looking product mindset.

Cons

Three open regulatory enforcement orders as of May 2026 (2018 OCC, 2022 OCC C&D, 2023 Fed Written Agreement). None publicly terminated.
No permanent CEO since founder Steven Schnall died August 2022 — Interim CEO going on four years.
Most recent OCC CRA Performance Evaluation is December 2018 (covering 2015-2017). 7+ year-old assessment for a self-styled CDFI bank is a transparency gap.
HoldCo capital distribution lockup since July 2023 — no dividends, share buybacks, or debt issuance without prior Federal Reserve approval.
No public rate sheet, prepay schedule, points/fees structure, or reserves requirement — must contact a loan officer.
Slower closing (30-45 days) versus Kiavi's under 21 days AI underwriting.
$2M-$2.5M max loan cap is materially smaller than Angel Oak (NYSE:AOMR) at $3.5M+ or Kiavi at $3M+.
1.10x DSCR floor is tighter than Visio's 1.0x case-by-case sub-1.0 ability.
BBB unaccredited. Active TCPA class action (telemarketing) over June 2019 marketing calls.
$500,000 cash-out cap constrains larger refinances.

9. Who Quontic is the right fit for

Apply to Quontic if you are:

An investor with a deal pipeline in LMI census tracts, Qualified Census Tracts, or Section 8 / workforce housing markets — the CDFI underwriting tailwind is real
A foreign national who needs 80% LTV with no US credit history requirement (versus Velocity Financial's 65% cap)
A first-time investor wanting a DSCR loan from a regulated FDIC depository (other DSCR lenders are cautious on first-timers)
A borrower who values portfolio retention over securitization-driven pricing volatility — your lender will hold the loan to maturity rather than packaging it for the next ABS deal
An ITIN borrower needing a primary-residence mortgage (separate program from DSCR — note the difference)
A borrower who is comfortable closing in 30-45 days rather than needing Kiavi-speed underwriting

Look elsewhere if you are:

A borrower needing the fastest possible closing — Kiavi's AI underwriting closes in under 21 days
A high-volume investor needing $3M+ single-loan size — Angel Oak Mortgage REIT NYSE:AOMR, Velocity Financial, or Kiavi all go higher
A borrower needing sub-1.0 DSCR case-by-case — Visio Lending is more flexible on this
A borrower hunting the absolute rate floor — Quontic does not publish rates publicly; you cannot comparison-shop without a loan officer phone call
A borrower uncomfortable with the three open enforcement orders disclosed honestly — Quontic's regulatory record is a legitimate reason to choose a less-regulated peer if you prefer

10. FAQ

Frequently Asked Questions

No affiliate relationship. We have no affiliate relationship with Quontic Bank, Quontic Bank Holdings Corp., or Quontic Bank Acquisition Corp. We earn nothing if you open a deposit account, apply for a mortgage, or close a DSCR investor loan with Quontic. All links to quontic.com and quonticwholesale.com in this article are generic destination URLs. This review is based on primary-source documents: FDIC BankFind for Certificate #57807, OCC enforcement archives for actions #2018-093 and #2022-048, Federal Reserve press release enforcement20230706a, OCC CRA Performance Evaluation PDF from December 2018, American Banker and Banking Dive enforcement coverage, Quontic's own product pages (quontic.com/mortgages/non-traditional-loans/dscr/, quonticwholesale.com/investor-dscr/, quontic.com/mortgages/non-traditional-loans/foreign-national/, quontic.com/cdfi-fund/), the U.S. Treasury CDFI Fund certification records, BBB profile inspection, and Trustpilot review data.