Pasadena, Calif., June 26, 2024
Quontic Bank, a leading community bank dedicated to serving the underbanked and diverse communities, is excited to announce its new partnership with Lender Price, the first cloud-native mortgage pricing engine. Through this collaboration, Quontic Bank will leverage Lender Price’s cutting-edge Product, Pricing and Eligibility Engine (PPE) to enhance its mortgage lending capabilities.
This strategic move underscores Quontic Bank’s commitment to providing innovative financial solutions and superior customer service. By integrating Lender Price’s advanced pricing technology, Quontic Bank aims to streamline its mortgage product and pricing processes, ensuring faster, more accurate loan pricing for its customers.
“Lender Price’s platform is a game-changer for us,” said James Hooper, SVP at Quontic Bank. “It enables us to offer more competitive and transparent loan options, ultimately helping us better serve our customers’ needs. We are thrilled to bring this enhanced capability to our clients and look forward to the benefits it will bring.”
The Lender Price PPE is known for its robust, real-time pricing and eligibility capabilities, which will allow Quontic Bank to respond more swiftly to market changes and customer inquiries. This partnership is expected to significantly improve operational efficiency and customer satisfaction.
“We are proud to welcome Quontic Bank as our new customer,” said Dawar Alimi, CEO of Lender Price. “Their dedication to innovation and customer service aligns perfectly with our mission. We are excited to support Quontic Bank and help them with a modern PPE that delivers an exceptional pricing experience to their loan originators and mortgage customers.”
Quontic Bank’s adoption of Lender Price’s PPE marks a significant milestone in its ongoing digital transformation journey, reinforcing its position as a forward-thinking institution in the banking sector.
About Quontic Bank
Quontic is the adaptive digital bank that empowers its customers financially while embracing their diverse circumstances. Quontic’s innovative banking platform reimagines traditional banking with adaptive lending and innovative deposit products. We believe that a digital bank should be for all people. That’s why our customers are at the very center of everything we do – from our inclusive mortgage solutions to our online banking products. Quontic is dedicated to serving entrepreneurs, small business owners, gig workers, immigrants, and other underserved populations with a curated banking experience as opposed to a one-size-fits-all approach.
Quontic is a privately held company based in New York, New York. Follow and connect with Quontic on LinkedIn, Facebook and Instagram.
Media Inquiries: pr@quonticbank.com
About Lender Price
Lender Price delivers superior cloud-native pricing technology to top banks, lenders, credit unions, and mortgage brokers. Built on a modern technology stack, our solutions are user-friendly, configurable, and easier to integrate, resulting in improved workflow and pricing efficiencies. Lender Price’s advanced technology, combined with its deep understanding of the lending landscape, sets it apart from the competition. By leveraging artificial intelligence, machine learning, and data-driven insights, Lender Price equips lenders with the knowledge and resources to make informed decisions and drive growth. Recognized by top industry publications, our award-winning pricing, product and eligibility (PPE) platform continues to lead the industry in advancing capital markets and mortgage pricing technology. Visit us at https://lenderprice.com/ for more information.
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