Residential Mortgage
Reverse Mortgage
Optimize your retirement. You’ve spent a lifetime turning a house into your home.
Let Quontic help you do more with your home investment through a Home Equity Conversion Mortgage (HECM). Qualifying homeowners aged 62 and older can tap into existing home equity to help cover retirement needs!
Meet the Team

Frank Melia - CMPS
VP Senior Lending/Reverse Manager
NMLS: 62591
O: 631-794-3511 | M: 516-729-3438
F: 888-324-4677 | E: [email protected]k.com
425 Broadhollow Rd., Suite 302 Melville, NY 11747

Michael Bocelli- CMPS
VP Senior Lending/Reverse Manager
NMLS: 38416
O: 631-794-3519 | M: 516-242-4063
F: 888-320-6599 | E: [email protected]
425 Broadhollow Rd., Suite 302 Melville, NY 11747
Program Highlights
- You must be age 62 or older.
- You must own your home in full or have a remaining mortgage balance low enough to be paid by the proceeds from the reverse mortgage or other funds.
- You must live in the home in question as your principal residence.
- You cannot be delinquent on any federal loans.
- You must have the financial assets required to pay for property changes, including homeowner’s insurance, real estate taxes, maintenance, & any other property fees.
- You must participate in a consumer information session given by a HUD- approved HECM counselor.

Quontic HECM Loans
Do you think about HECM loans? At Quontic Bank, we have decades-long experience as reverse mortgage lenders and can help you choose the features that will work best for you.
For example, you can choose from a variety of payment structures. You may elect to receive fixed monthly payments for a predetermined period, or create a tenure loan that continues paying a fixed sum as long as you live in the principal residence. Some borrowers choose to receive credit lines or a combination of the other options.
Whatever you need, we’re here to help. If you’re ready to explore your options, contact us to learn more.
Speak to a Reverse Mortgage Expert
If you have any questions or require additional information, please fill out the form below.
Disclaimer:
All lending products are subject to credit & property approval. Rates, program terms, & conditions are subject to change without notice. Not all products are available in all states or for all amounts. Other restrictions & limitations apply. Prequalification provides you with an estimate of how much you can borrow to purchase a home, based on our preliminary review of credit information. This does not represent an offer to enter into a loan agreement. Information is accurate as of the date listed below and may change without notice.