TURN TIMES: Initial UW | Cond Rev Business Purpose: Purch & Refi: 24 | 24 Consumer Purpose: Purch: 24 | 24 Refi: 48 | 48 LOCK DESK HOURS | 7am - 5pm PST Current Closing Schedule >
Why Champs
Champions Funding is a nationwide wholesale lender that provides non-traditional access to mortgage financing. With unique Non-QM & CDFI loan programs, Champions Funding empowers YOU, our valued Broker Partners, to fulfill the dreams of diverse homeowners as well as realize the mission of serving underserved communities. Learn more below and partner with us today!
We're Here to Serve Your Non-Traditional Borrowers
Flexible & modern lending solutions for more borrowers.
Get to know our Consumer and Business Purpose loan options.
Consumer Purpose
ALLY
Consumer - No Ratio
Open the opportunity of homeownership to more diverse borrowers
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Loan amounts up to $3M
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640 FICO up to 80% LTV
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40-year term available
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Owner-occupied with no ratio
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1 day bankruptcy seasoning
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Cash-out allowable for reserves
ACTIVATOR
Consumer - Alt Doc
Flexible solutions with broader qualification methods and doc types
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Loan amounts up to $4M
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620 FICO up to 70% LTV
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1x30x12 up to 90% LTV
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40-year interest only available
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Unlimited cash-out at 65% LTV or below
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Allow 12 month seasoning on credit events
Business Purpose
ACCELERATOR
Business - DSCR + No Ratio
Debt Service Coverage Ratio + No Ratio options
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Loan amounts up to $4.5M
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FTHB allowed to 70% LTV
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FICOs as low as 620
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Unlimited cash-out
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Cash-out allowable for reserves
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Reserves only required for subject property
AMBASSADOR
Business - Foreign National
No credit score, no ratio, no problem
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Loan amounts up to $2.5M
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75% Max LTV
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Unlimited cash-out
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No credit score required
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No ratio available
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40-year interest only available
Condotels, non-warrantable condos, and mixed-use properties accepted on most programs.
Connect with the Champs
It’s time to get social. Follow Champs TPO on your favorite social media channels for industry insight, ways to boost your business, and Non-QM training.