Lender Price, a provider of mortgage loan pricing and origination technology, announced today that Quontic Bank has joined the Lender Price Marketplace. Quontic Bank is a multi-channel national lender headquartered in New York, New York. The Lender Price Marketplace pricing engine user base has grown dramatically over the past 12 months, and the Marketplace has become the go-to resource for mortgage brokers to search prevailing pricing from multiple wholesale lenders.

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“Quontic is excited to partner with LenderPrice as we continue to expand our footprint across the country” said Lee Ann Casanova, VP of Mortgage Sales for Quontic Bank. “As a Federally Chartered CDFI-exempt institution, our unique products set us apart from other Non-QM lenders. Our programs such as the Lite Doc (VOE Only /Stated Income) and No Ratio (No Income Verification) open doors for our brokers, and give their borrowers the opportunity to home financing. This pricing tool will play a big role in making it even easier for brokers to work with us.”

“We’re very excited to partner with Quontic Bank, who is one of the leading Non-QM wholesale lenders,” said Dawar Alimi, CEO and founder of Lender Price. “Our Marketplace platform’s ability to support Non-QM lending is one reason that brokers come to our Marketplace to find unique and innovative programs such as those offered by Quontic Bank.”

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