What loan types does Quontic Bank offer?

Quontic Bank offers the following mortgage loan types: FHA, Conventional, Jumbo. Each product has its own pricing score and performance metrics.

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 an overall pricing score of 2.9/100, based on analysis of their loan data including average spread and fees compared to market benchmarks.

What type of lender is Quontic Bank?

Quontic Bank is a Bank headquartered in New York, NY.

Unclaimed

Quontic Bank

Bank•New York, NY•Direct to Consumer

We analyzed every closed loan from Quontic Bank — 1.0k loans across 2k applications— and benchmarked them against peer lenders across the 4 Ps of Mortgage Shopping.

Pricing

Mediocre

vs. all lenders

Pull Through

Sound

closing strength

Products

Strong

FHA · Conventional · Jumbo

Place

Sound

National · 16 mkts

Shopping for a Mortgage?

Save Quontic Bank or ask our AI assistant to explore your options.

Safe Rate's Summary

What They Do Well

Particularly strong in Conventional and FHA and Jumbo loans
Nationwide availability with consistent service

Things to Think About

Rates typically 141 basis points above market average
Higher than average fees ($6,366)

Explore another lender or local market

Report Card

Quontic Bank performance at a glance

Category	Score	vs. Peers
Overall Performance· Pricing & closing strength
Pricing Rate competitiveness	Mediocre	Below peers +140.5 bps above market avg
Pull Through Closing strength	Sound	Industry Standard Top 60% of lenders
By Loan Product· Specialization by type
Conventional	Strong	Highly Competitive Top 40% of lenders
FHA	Strong	Highly Competitive Top 40% of lenders
Jumbo	Strong	Highly Competitive Top 40% of lenders
By Loan Purpose· Transaction purpose mix
Purchase	Strong	Highly Competitive Top 40% of lenders
Refinance	Strong	Highly Competitive Top 40% of lenders
By Location· Geographic coverage
Geographic Reach Coverage footprint	Sound	Industry Standard Top 60% of lenders National17 markets

Loan Product Performance

Performance by Loan Product

Loan Type	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Conventional	Acceptable	Strong	Mediocre	Sound	913	90.5%	+1.429%Above	$6,316Fees
FHA Loans	Strong	Strong	—	Strong	44	4.4%	+0.574%Above	$8,093Fees
Jumbo Loans	Sound	Strong	—	Sound	52	5.2%	—	—

Loan Purpose Performance

Performance by Loan Purpose

Purpose	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Purchase	Acceptable	Strong	Mediocre	Sound	806	79.9%	+1.386%Above	$6,330Fees
Refinance	Acceptable	Strong	Mediocre	Sound	203	20.1%	+1.464%Above	$6,484Fees

At a Glance

Lender Overview

Lending Activity

Loans Originated

1,009

Applications

1,597

Volume

$475 million

Pricing & Closing

Avg Rate Spread

+1.405%

vs. market APOR

Avg Net Fees

$6,366

Origination − Credits

Pullthrough Rate

63.2%

Applications → Closed

Typical Borrower

Avg Loan Amount

$471,165

Avg Borrower Income

$207,235

Avg Property Value

$685,307

Geographic Coverage

Geographic Performance

Metro Areas

States Served

We count Washington DC as a state

Avg Place Specialization

Sound

States with Loan Originations

AKALARAZCACOCTDEFLGAHIIAIDILINKSKYLAMAMDMEMIMNMOMSMTNCNDNENHNJNMNVNYOHOKORPARISCSDTNTXUTVAWAWIWV

Top Metro Areas by Place Specialization Score

Nassau County, NYMSA

Volume: 195Mix: 19.33%of portfolio

Place

Strong

New York, NY-NJMSA

Volume: 218Mix: 21.61%of portfolio

Place

Strong

Newark, NJ, NJMSA

Volume: 20Mix: 1.98%of portfolio

Place

Sound

West Palm Beach, FLMSA

Volume: 19Mix: 1.88%of portfolio

Place

Sound

Dallas, TXMSA

Volume: 24Mix: 2.38%of portfolio

Place

Sound

Chicago, ILMSA

Volume: 20Mix: 1.98%of portfolio

Place

Sound

Buffalo, NYMSA

Volume: 15Mix: 1.49%of portfolio

Place

Sound

Fort Lauderdale, FLMSA

Volume: 14Mix: 1.39%of portfolio

Place

Sound

Bridgeport, CTMSA

Volume: 12Mix: 1.19%of portfolio

Place

Sound

Miami, FLMSA

Volume: 13Mix: 1.29%of portfolio

Place

Sound

Showing 10 of 16 metro areas

Top States by Place Specialization Score

NYState

Volume: 442Mix: 43.81%of portfolio

Place

Strong

NJState

Volume: 64Mix: 6.34%of portfolio

Place

Sound

FLState

Volume: 97Mix: 9.61%of portfolio

Place

Sound

CAState

Volume: 54Mix: 5.35%of portfolio

Place

Sound

TXState

Volume: 54Mix: 5.35%of portfolio

Place

Sound

CTState

Volume: 22Mix: 2.18%of portfolio

Place

Sound

PAState

Volume: 26Mix: 2.58%of portfolio

Place

Sound

MAState

Volume: 22Mix: 2.18%of portfolio

Place

Sound

ILState

Volume: 21Mix: 2.08%of portfolio

Place

Sound

ORState

Volume: 12Mix: 1.19%of portfolio

Place

Sound

Showing 10 of 15 states

How We Rank Lenders

Our rankings use geometric mean scoring across equally-weighted categories. This rewards lenders who perform consistently well across all metrics, not just excel in one area.

Our Point System (Max 30 Points)

Pricing

Rate and fee competitiveness (33%)

Pull Through

Reliability in closing loans (33%)

Product

Specialization in the loan type (33%)

💎

Champion(80%+ = 24-30 points)

⭐

Superstar(60-79% = 18-23 points)

Data Integrity & Updates

Data is updated quarterly based on the latest HMDA filings and proprietary SafeRate analysis. All metrics are calculated using standardized methodologies to ensure fair comparison across lenders.

Looking for a different lender?

Are you the owner of Quontic Bank?

Claim this profile to add your business logo, highlight verified loan officers, collect verified reviews, and customize your marketing presence.

Claim this Profile

The 4 PsRankings are calculated based on observed lender differences on closed loans across Pricing, Pull-through, Product, and Place.

No Pay to PlayLenders cannot buy their way to the top. Rankings are 100% earned.

HMDA 2024Built using publicly available originated loan data from the federal government.

Peer BenchmarkedPerformance is normalized and benchmarked against peer institutions.