Call us: 888-954-7463
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WHAT WE DO:

Portfolio Loans1 for Irrevocable Trust Owned Properties

HECM line of credit2 for Owner Occupied (by Grantor/Settlor) Irrevocable Trust Owned Properties


Areas of Expertise:

Trust Lending Experience with Elder Law Attorneys for 5 years

Ability to Lend in All 50 States

Same Day Initial Trust Review by Loan Officer to determine product options

How to reach us:

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Frank Melia, VP

O: 631-794-3511
NMLS ID: 62591
fmelia@quonticbank.com

Jenny Tsuchiya, Assistant
jtsuchiya@quonticbank.com

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Michael Bocelli, VP

O: 631-794-3519
NMLS ID: 38416
mbocelli@quonticbank.com

MaryBeth Masciello, Assistant
mmasciello@quonticbank.com

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Disclaimers
Ask for details. Additional terms and conditions apply. All lending products are subject to credit & collateral approval. Not all products are available in all states or for all amounts. Programs, rates and terms and conditions are subject to change at any time without notice.
Loans are subject to approval. Additional eligibility requirements, terms, conditions, fees & exclusions apply. Any existing liens or mortgages need to be paid off as a condition of this loan. Borrowers are responsible for paying property taxes and homeowner’s insurance (which may be substantial). We do not establish an escrow account for disbursements of these payments. A set-aside account can be set up to pay taxes and insurance and may be required in some cases. Borrowers must occupy home as their primary residence and pay for ongoing property maintenance and abide by all terms and conditions of the mortgage; otherwise the loan becomes due and payable. The loan also becomes due and payable when the earliest of the following occurs: the last borrower, or eligible non-borrowing surviving spouse, dies, sells the home, permanently moves out, defaults on taxes or insurance payments, or does not otherwise comply with the loan terms.

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Quontic Bank is a valued partner of ElderCounsel. ElderCounsel does not represent Quontic Bank and Quontic Bank does not represent ElderCounsel. For more information on the products and services associated with Quontic Bank, please visit quonticbank.com

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