Champions Funding Announced 4 New Non-QM Loan Products

Champions Funding Updates to Modern Naming Conventions for Robust Non-QM Loan Programs to Reflect Company Mission

GILBERT, AZ (May 25, 2022) – Community-focused Champions Funding is committing itself to a people-focused sales model complete with a modern naming convention for the launch of flagship loan programs.  

“The updated names embody the spirit of the diverse populations we serve,” says EVP Marketing Christy Mindell.  “When we discuss our loan programs, we want brokers to be able to picture the customers they serve.  The avatars represent our valued customers and possess the positive attributes and contributions these homeowners make in their communities.”

Champions Funding announced:

· The Ally – No Ratio, Owner-Occupied

Ideal for credit-worthy borrowers, Ally works to remove the obstacles to homeownership, especially in historically underserved and distressed communities.

· The Activator - Alt Doc Non-QM

Alternative documentation options offering new pathways for homeownership to qualified borrowers that do not fit in the traditional agency qualification box.

· The Accelerator DSCR / No Ratio, Business Purpose Loans

Ideal for investors who accelerate the market by increasing rental opportunities for others.  

· The Ambassador Business Purpose Loans for Foreign Nationals

Promoting financing options for ambassadors of housing who have previously been challenged through traditional lending.

The mission-driven lender offers Non-QM and CDFI programs for a range of borrowers historically adversely impacted by traditional agency options.  With its unique Community Development Financial Institution (CDFI) designation by the Department of the Treasury, Champions is uniquely positioned to fulfill its mission of serving the underserved by providing equity in homeownership through a partnership with mortgage broker partners.

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About Champions Funding LLC

Champions Funding, LLC is a nationwide, wholesale lender providing Non-QM loan options for mortgage brokers and their customers. As a Community Development Financial Institution (CDFI), Champions Funding LLC empowers its Broker Partners to fulfill the dreams of their diverse homeowners as well as realize the mission of serving low-income and underserved communities.

As a women-led organization that empowers its team of service-focused and mission-driven team members, it offers exciting opportunities for high-performing and experienced mortgage professionals who love what they do and want to grow their careers. Find out more at ChampsTPO.com.

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Media inquiries: Christy Mindell, EVP Marketing, Champions Funding LLC, cmindell@champstpo.com, (602) 609-3645