Activator Equity First Loan Program

When credit falls short, look to equity.

Turn strong equity into solutions.

Equity-rich borrowers lose financing opportunities every day because of credit scores and documentation requirements that have nothing to do with the equity they have built.  Our Alt-Doc solution, Activator Equity First, changes that.

‍Too many primary and secondary home deals stall because of low FICO scores, derogatory credit events, income documentation, employment verification, or DTI, even where equity tells a stronger story than the credit file.

See how to get it done with Activator Equity First.
Alternative Documentation
Help your homebuyers and investors win big with fast, flexible Alt-Doc loan solutions. Alternative Documentation (Alt-Doc) programs are built for borrowers who don’t fit the traditional mold—no W2s or tax returns required. Instead, income is verified through bank statements, P&L-only, 1099-only, WVOE-only, asset utilization, and more. Whether it's self-employed borrowers or seasoned investors, Alt-Doc loans make it easier to qualify—and faster to fund.

Program Highlights

Alt-Doc for Primary & Second Homes

No min. FICO (no FICO required)
Max CLTV 55%
55% DTI
Max Loan Amount $1.5M
Unlimited cash-out
1 day out of Bankruptcy allowed
Mortgage lates allowed*
Borrowers to be less than 90 days late at closing
Looking for other Alt-Doc loan products? Learn more here.
‍
*See program guidelines for complete details and eligibility requirements
Low or No Credit Score No minimum FICO requirement means borrowers aren’t automatically eliminated because of credit score.
Non-Traditional Income Alternative documentation options are ideal for self-employed, retired, or asset-rich borrowers.
Cash-Out Opportunities Help borrowers tap into home equity, even after previous credit challenges or financial hardship.
Looking for a DSCR option? Focus on the strength of the property’s equity rather than debt service coverage ratios. Learn more.
Let's Get started

What is Non-QM?

Learn More

White Label Marketing

Learn More

Quick Pricer

Learn More

Become an Approved Broker

Champion your loan with the Champs of the Non-QM Market

© 2026 All Rights Reserved. Equal Housing Opportunity. Champions Funding, LLC, 365 E. Germann Rd., Suite 140 Gilbert, AZ 85297. NMLS ID #2254210. For licensing, visit nmlsconsumeraccess.org. Information is solely intended for mortgage bankers, mortgage brokers, and financial institutions and is not an advertisement to extend credit directly to consumers. All loans subject to credit approval. Rates and fees subject to change.