No Tricks, Just Treats! Enjoy our October Pricing Special | .25 BPS DSCR Loan Products | Accelerator, ITIN Accelerator, Ambassador
View Today's Turn Times > Current Closing Schedule > LOCK DESK HOURS | 7am - 5pm PST
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!
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Raffle ends Monday, September 11th at 11:59 PT
100% Non-QM + CDFI Wholesale Mortgage Lender
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
Owner-Occupied | No Ratio
Open the doors of homeownership for credit-worthy borrowers who don’t bank traditionally or have otherwise been locked out from opportunities and access to financing​
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Loan Amounts up to $2M
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FICOs as low as 660
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Up to 80% LTV Allowed
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No DTI calc on O/O & 2nd Homes
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100% gift funds allowed for downpayment
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No VOR required on FTHB Purchases
ITIN Activator
Alt-Doc | For Non-U.S. Citizens
ITIN is an alternative form of identification for non-US citizens who live and pay taxes in the United States but don't have an SSN.
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Up to 85% LTV (Purchase & R/T)
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Up to 75% LTV (Cash out)
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FICOs as low as 660
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Transferred appraisals accepted
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First-time homebuyers are welcome
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Gift funds allowed for down payment & closing costs, no minimum contribution
Activator
Alt Doc | 40 YR Interest-Only
Flexible solutions with broader qualification methods and documentation types.
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Loan amounts up to $3M
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680 FICO up to 85% LTV
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Up to 6% Seller's Concessions allowed
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40 year terms w/ interest only available
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Up to 10 Acres Allowable
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Rent Free letter accepted as VOR
Business Purpose
Accelerator
DSCR | No Ratio
Debt Service Coverage Ratio + No Ratio options
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Up to 80% LTV available
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No Ratio 700+ FICO (DSCR < .75)
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660+ FICO for cash-out, DSCR ≥ .75 - .99
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FICOs as low as 620 accepted
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First time investors allowed, min FICO 680
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Transferred appraisals accepted
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Broker points & fees up to 5% permitted
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DSCR and reserve calculation ITIA only on IO loans
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Cash out may be used for reserves
ITIN Accelerator
DSCR | For Non-U.S. Citizens
Debt Service Coverage Ratio + No Ratio options
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Loan amounts up to $1M
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Up to 80% LTV (Purchase & R/T)
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Cash out can be used towards reserves*
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FICOs as low as 660
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Transferred appraisals accepted
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First-time homebuyers welcome*
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Short-term rentals allowed*
*See full guidelines for eligibility and additional requirements.
Ambassador
Foreign National | DSCR Investment Properties
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Investment properties only
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Max loan amount $1.5M
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Max LTV/CLTV 70%
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Condotels are eligible
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Short-term rental properties accepted (DSCR only)
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Assets must be sourced and seasoned for at least 60 days
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May use Cash-Out to satisfy reserve requirements
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Vacant or unleased properties allowed with reduced LTV
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Transferred appraisals are accepted
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.