LoanFactory LogoWE DARE YOU TO COMPARE
Our lenders
/
Champions Funding
Champions Funding

Champions Funding

365 East Germann Road, Gilbert, AZ 85297

https://www.champstpo.com/

Internal Reviews

(0 reviews)

Total loans closed with Loan Factory
22

Total loans closed with Loan Factory (past 12 months)
4

Lender overview

Basic information

Jumbo

Champions Funding LLC ISAOA/ATIMA 365 E Germann Rd, Suite 140 Gilbert, AZ 85297 Loan #

Champions Funding LLC ISAOA/ATIMA 365 E Germann Rd, Suite 140 Gilbert, AZ 85297 Loan #

Lock policies & Fees

Lock Policies

5 & 10 days extension available at a cost

Yes

Yes

Lender's niche & Overlays

We Allow Exception to all loans w/ Great Compensating factors


1.) 'Ally ' - No Ratio O/O ( No Ratio O/O and 2nd Home  ( No Employment - No Income = No Ratio  No DTI Calculations )

Lowered our Reserve requirements on Purchase and Refi's - Up to max 12 mos. 🀩

** Loan Amounts up to $2M
** FICOs as low as 660
** Up to 80% LTV Allowed Purchase and R & T 
** 100% gift funds allowed for down payment and closing cost
** No VOR required on FTHB Purchases

2. Activator – Alt Doc -Qualify more borrowers without traditional documentation.
( 12 mo. P & L w/ CPA , 12 mo. 1099 w/ 10 % expense ratio, 1 yr Tax Returns , 2 yr chx stub and w-2's 12 mo. Bnk. Stmt Personal / Business, Written VOE only, and  Asset Depletion factored at 84 mos. & more )

3. ITIN Activator – Alt Doc Qualify more borrowers without traditional documentation.
(12 mo. P & L w/ CPA , 12 mo. 1099 w/ 10 % expense ratio , 1 yr Tax Returns , 2 yr chx stub and w-2's, 12 mo. Bnk. Stmt Personal / Business , WVOE only, and Asset Qualifier  )

4. Accelerator – Business Purpose DSCR ( .75 ) | No Ratio DSCR  - SFR , 2-4 units , Condo , PUD, non warrantable condo's , 5 to 8 units ( w/ min 1.0 DSCR w/ min $400K  Loan amount ) 

5. ITIN Accelerator – Business Purpose DSCR -Investment opportunity for ITIN Borrower's  Up to 80% LTV w/ a DSCR- down to .80 = < DSCR 

6. Ambassador - Investment opportunity for Foreign National Up to a max 70 % LTV


We Allow Exception to all loans  w/ Great Compensating factors 


-->

We Allow Exception to all loans w/ Great Compensating factors


1.) 'Ally ' - No Ratio O/O ( No Ratio O/O and 2nd Home  ( No Employment - No Income = No Ratio  No DTI Calculations )

Lowered our Reserve requirements on Purchase and Refi's - Up to max 12 mos. 🀩

** Loan Amounts up to $2M
** FICOs as low as 660
** Up to 80% LTV Allowed Purchase and R & T 
** 100% gift funds allowed for down payment and closing cost
** No VOR required on FTHB Purchases

2. Activator – Alt Doc -Qualify more borrowers without traditional documentation.
( 12 mo. P & L w/ CPA , 12 mo. 1099 w/ 10 % expense ratio, 1 yr Tax Returns , 2 yr chx stub and w-2's 12 mo. Bnk. Stmt Personal / Business, Written VOE only, and  Asset Depletion factored at 60 mos. & more )

3. ITIN Activator – Alt Doc Qualify more borrowers without traditional documentation.
(12 mo. P & L w/ CPA , 12 mo. 1099 w/ 10 % expense ratio , 1 yr Tax Returns , 2 yr chx stub and w-2's, 12 mo. Bnk. Stmt Personal / Business , WVOE only, and Asset Qualifier  )

4. Accelerator – Business Purpose DSCR ( .75 ) | No Ratio DSCR  - SFR , 2-4 units , Condo , PUD, non warrantable condo's , 5 to 8 units ( w/ min 1.0 DSCR w/ min $400K  Loan amount ) 

5. ITIN Accelerator – Business Purpose DSCR -Investment opportunity for ITIN Borrower's  Up to 80% LTV w/ a DSCR- down to .80 = < DSCR 

6. Ambassador - Investment opportunity for Foreign National Up to a max 70 % LTV


We Allow Exception to all loans  w/ Great Compensating factors



N/A

Lender turn time

N/A

N/A

N/A

Review - Champions Funding

0

0 reviews

5

4

3

2

1

Stars

Sort by

Loading
Message Image
We use cookies to ensure the most optimal browsing experience on our website. By visiting our site, you are agreeing to the use of these cookies.
READ MORE