# Quontic Bank

> **Canonical URL:** https://saferate.com/lenders/quontic-bank


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


Quontic Bank is a bank, headquartered in New York, NY, serving borrowers nationwide, with 1,009 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 97% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 45% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** 2549004XJQQPBYQSMT39
- **Headquarters:** New York, NY
- **Geographic Reach:** National
- **States Served:** 48
- **State List:** AK, AL, AR, AZ, CA, CO, CT, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, WA, WI, WV
- **Markets (MSAs):** 17
- **Primary Channel:** mix
- **Direct Origination:** 45%
- **Brokered/Wholesale:** 55%

## Safe Rate Ratings

### Pricing: Mediocre 😐
- Score: 3/100
- Rating: ●○○○○ (1/5)

### Pull Through: Sound ☺️
- Score: 55/100
- Rating: ●●●○○ (3/5)

### Pricing Details
- **Average Rate Spread:** +1.405%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $6,366
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 1,009
- **Dollar Volume:** $475 million
- **Applications Received:** 1,597
- **Market Share:** 3.00%

## Typical Borrower Profile

- **Average Loan Amount:** $471,165
- **Average Borrower Income:** $207,235
- **Average Property Value:** $685,307

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 61/100 | 913 | +1.429% | $6,316 | Strong 😀 |
| FHA | 60/100 | 44 | +0.574% | $8,093 | Strong 😀 |
| Jumbo | 71/100 | 52 | - | - | Strong 😀 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 731 loans, Score: 61/100 (Strong)
- Refinance: 182 loans, Score: 62/100 (Strong)

**FHA:**
- Purchase: 42 loans, Score: 60/100 (Strong)

**Jumbo:**
- Purchase: 33 loans, Score: 49/100 (Sound)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 62/100 | 806 | $376M | +1.386% | Strong 😀 |
| Refinance | 61/100 | 203 | $99M | +1.464% | Strong 😀 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| NY | 442 | 0.39% | 79/100 |
| FL | 97 | 0.03% | 56/100 |
| NJ | 64 | 0.07% | 59/100 |
| CA | 54 | 0.02% | 50/100 |
| TX | 54 | 0.02% | 50/100 |
| PA | 26 | 0.02% | 46/100 |
| CT | 22 | 0.06% | 47/100 |
| MA | 22 | 0.04% | 46/100 |
| IL | 21 | 0.02% | 44/100 |
| NC | 15 | 0.01% | 40/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| New York | NY-NJ | 218 | 76/100 |
| Nassau County | NY | 195 | 77/100 |
| Non |  | 46 | 38/100 |
| Dallas | TX | 24 | 47/100 |
| Chicago | IL | 20 | 45/100 |
| Newark, NJ | NJ | 20 | 49/100 |
| West Palm Beach | FL | 19 | 49/100 |
| Buffalo | NY | 15 | 45/100 |
| Fort Lauderdale | FL | 14 | 44/100 |
| Miami | FL | 13 | 43/100 |
| Bridgeport | CT | 12 | 43/100 |
| Houston | TX | 12 | 39/100 |
| Lakewood | NJ | 12 | 41/100 |
| Los Angeles | CA | 12 | 40/100 |
| Philadelphia, PA | PA | 11 | 41/100 |

## Where This Lender Ranks

Quontic Bank appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🏆 **#10** in Nassau County for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/nassau-county/best-mortgage-lenders/banks/fha-loans)
- 🏆 **#15** in Nassau County for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/nassau-county/best-mortgage-lenders/banks/jumbo-loans)
- 🏆 **#17** in Nassau County for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/nassau-county/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#18** in New York for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/new-york-state/best-mortgage-lenders/banks/fha-loans)
- 🏆 **#18** in New York for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/new-york/best-mortgage-lenders/banks/jumbo-loans)
- 🏆 **#18** in Nassau County Banks
  - [View Full Rankings](https://saferate.com/nassau-county/best-mortgage-lenders/banks)

## Frequently Asked Questions

### What loan types does Quontic Bank offer?

Quontic Bank offers the following mortgage loan types: FHA, Conventional, Jumbo. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does Quontic Bank offer mortgages?

Quontic Bank is a national lender offering mortgages in all 50 states plus Washington D.C.

### How competitive are Quontic Bank's mortgage rates?

Quontic Bank has a pricing score of 3/100 (Mediocre), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 1.405% above market average.

### What type of lender is Quontic Bank?

Quontic Bank is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in New York, NY.

### What is Quontic Bank's loan approval success rate?

Quontic Bank has a pull-through score of 55/100 (Sound). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/quontic-bank

### How to Cite

> "Quontic Bank Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/quontic-bank

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