TURN TIMES:
Initial UW  |  Cond Rev
Business Purpose: Purch & Refi:  24  |  24
Consumer Purpose: Purch: 24  |  24  Refi:  48  |  48
LOCK HOURS:
7am - 5pm MST

Increase Earnings as a
Non-Delegated Correspondent Lender

CDFI eligible rate or price improvements available on all loan programs
Consumer purpose loans are made where loan proceeds are used primarily for personal, family, and household purposes.
ITIN Activator
Alt-Doc | For Non-U.S. Citizens
For non-U.S. citizens who don't have a SSN, we accept Individual Taxpayer Identification Number (ITIN).
Highlights
Up to 85% LTV (Purchase & R/T)
Up to 75% LTV (Cash out)
FICOs as low as 660
Transferred appraisals accepted
First-time homebuyers are welcome
Gift funds allowed for down payment & closing costs, no minimum contribution
Business Purpose loans expand opportunities for investors by financing rental properties or those used commercially 50% of the time (or less). We offer less friction and can close quickly.
ITIN Accelerator
DSCR | For Non-U.S. Citizens
More expansive guidelines for real estate investors to access financing regardless of immigration status.
Highlights
Loan amounts up to $1M
Up to 80% LTV (Purchase & R/T)
Cash out can be used towards reserves*
FICOs as low as 660
Transferred appraisals accepted
First-time homebuyers welcome*
Short-term rentals allowed*
*See full guidelines for eligibility and additional requirements.
ITIN Activator
CONSUMER
Alt-Doc | For Non-U.S. Citizens
For non-U.S. citizens who don't have a SSN, we accept Individual Taxpayer Identification Number (ITIN).
Highlights
Up to 85% LTV (Purchase & R/T)
Up to 75% LTV (Cash out)
FICOs as low as 660
Transferred appraisals accepted
First-time homebuyers are welcome
Gift funds allowed for down payment & closing costs, no minimum contribution
ITIN Accelerator
BUSINESS
DSCR | For Non-U.S. Citizens
More expansive guidelines for real estate investors to access financing regardless of immigration status.
Highlights
Loan amounts up to $1M
Up to 80% LTV (Purchase & R/T)
Cash out can be used towards reserves*
FICOs as low as 660
Transferred appraisals accepted
First-time homebuyers welcome*
Short-term rentals allowed*
*See full guidelines for eligibility and additional requirements.
Ally
Owner-Occupied | No Ratio
Unlock the opportunity of homeownership to more diverse borrowers.
Highlights
Loan amounts up to $2M
FICOs as low as 660
Up to 80% LTV allowed
No DTI calc on O/O & 2nd homes
100% gift funds allowed for downpayment
No VOR required on FTHB Purchases
Activator
Alt Doc | 40 YR I/O
Flexible solutions with broader qualification methods and documentation types.
Highlights
Loan amounts up to $3M
680 FICO up to 85% LTV
Up to 6% Seller's Concessions allowed
40 year terms w/ interest only available
Up to 10 acres allowable
Rent Free letter accepted as VOR
Accelerator Expanded
No Ratio | DSCR .50
More expansive guidelines
Highlights
Up to 80% LTV available
700+ FICO "No Ratio" DSCR .50 - .74
660+ FICO for cash-out, DSCR .75 - .99
FICOs as low as 620 accepted
No TRID disclosures or wait periods
Expanded states w/ no licensing required
Accelerator
DSCR | Investor
Debt Service Coverage Ratio options.
Highlights
Loan amounts up to $2.5M
Qualify using ITIA on Interest Only
Inexperience Investors accepted
Use short term rents on refinances
Transferred Appraisals accepted
Cash-out as reserves w/ 700+ FICO
Resource Library
Correspondent Forms and Guidelines
We are a 100% Non-QM Wholesale Lender offering a Non-Delegated Correspondent channel so you can grow your business. Turn opportunity into closed deals when you partner with the Champs.

Our team delivers top-tier operational support through common-sense Underwriting with speedy turn times. Pair that with ITIN offerings for both consumer and business purposes, you have new avenues to serve borrowers and new growth potential.

Click to download any of the provided documents below.

Frequently Used Resources

Piece of Paper Icon

Form 4506C

March 30, 2023
Piece of Paper Icon

Credit Vendors

January 21, 2022
Piece of Paper Icon

Gift Letter

December 9, 2021

Business Narrative Form

December 6, 2021
Subscribe for news & updates
Consumer Purpose

Ally

Owner-Occupied | No Ratio
Unlock the opportunity of homeownership to more diverse borrowers.
Highlights
Loan amounts up to $2M
FICOs as low as 660
Up to 80% LTV allowed
No DTI calc on O/O & 2nd homes
100% gift funds allowed for downpayment
No VOR required on FTHB Purchases
Consumer Purpose

Activator

Alt Doc | 40 YR I/O
Flexible solutions with broader qualification methods and documentation types.
Highlights
Loan amounts up to $3M
680 FICO up to 85% LTV
Up to 6% Seller's Concessions allowed
40 year terms w/ interest only available
Up to 10 acres allowable
Rent Free letter accepted as VOR
Business Purpose

Accelerator Expanded

No Ratio | DSCR ≥ .50
More expansive guidelines
‍‍
Highlights
Up to 80% LTV available
700+ FICO "NO RATIO" DSCR ≥ .50 - .74
660+ FICO for cash-out, DSCR ≥ .75 – .99
FICOs as low as 620 accepted
No TRID disclosures or wait periods
Expanded states w/ no licensing required
Business Purpose

Accelerator

DSCR | Investor
Debt Service Coverage Ratio options

Highlights
Loan amounts up to $2.5M
Qualify using ITIA on Interest Only
Inexperience Investors accepted
Use short term rents on refinances
Transferred Appraisals accepted
Cash-out as reserves w/ 700+ FICO

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Equal Housing Opportunity.
© 2024 All Rights Reserved. For industry professionals only and is not an advertisement to extend credit directly to consumers. For licensing, visit nmlsconsumeraccess.org. The information contained herein is provided to assist real estate and mortgage lending professionals and is not an advertisement to extend credit directly to consumers. Champions Funding LLC. 365 E. Germann Rd., Suite 140 Gilbert, AZ 85297. NMLS #2254210.
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