Champions Funding

What Champions Funding does

Champions Funding, LLC is a privately held wholesale and correspondent Non-QM mortgage lender headquartered in Gilbert, Arizona, co-founded by CEO Evan Michael Stone and Patty Arvielo. The company originates residential mortgages exclusively through licensed mortgage brokers and loan originators, focusing on underserved and underbanked borrowers — including self-employed individuals, gig workers, immigrants (ITIN), foreign nationals, and real estate investors — who do not qualify under agency (Fannie Mae, Freddie Mac, FHA) guidelines. Its product suite spans No Ratio (Ally), Alt-Doc (Activator and Activator Prime), Full Doc, ITIN variants, DSCR investment-property loans (Accelerator for 1–8 unit properties), Foreign National (Ambassador), Super Jumbo up to $5M, and Texas 50(a)(6) cash-out, with most programs eligible for CDFI rate and pricing improvements under its U.S. Department of the Treasury CDFI certification.

The operating platform is the HERO 2.0 broker portal (live for loans after 1/1/2025/26), supported by a no-login Wholesale Quick Pricer, an online DSCR calculator, and dedicated account-executive, lock-desk, scenarios, and underwriting teams. Underwriting is positioned as a stated differentiator: brokers cite files reaching underwriting within a day and closes as fast as five business days with eligible transferred appraisals, backed by a formal exception policy for non-standard deals. The company also services originated loans through a Phoenix servicing office, with NewRez LLC serving as primary servicer on its securitized production, and offers free broker marketing and training resources (daily live sessions, HERO Tip of the Week newsletter).

Champions Funding earns revenue primarily through gain-on-sale economics on Non-QM mortgage origination sold into the secondary market (including a 21.2% originator position in the April 2026 NRMLT 2026-NQM5 $471.1M RMBS transaction sponsored by Rithm Capital Corp) plus a smaller, recurring loan-servicing fee stream. Its wholly-owned correspondent division (ChampsCorr) extends the same product set into a second channel alongside wholesale. Customer segments consist of SMB mortgage brokers and individual underbanked borrowers; no enterprise-level concentrated customer relationships are disclosed.

Name

Champions Funding

Legal name

Champions Funding, LLC

Website

https://champstpo.com

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

51–100 employees

Short description

Champions Funding, LLC is a wholesale and correspondent Non-QM mortgage lender and U.S. Treasury-certified CDFI that originates No Ratio, Alt-Doc, DSCR, ITIN, Foreign National, and Super Jumbo loans exclusively through licensed U.S. mortgage brokers via its HERO 2.0 portal.

Ownership category

akta.pro rank

Headquarters

HQ city

Gilbert

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Mortgage Origination: Champions Funding originates Non-QM residential mortgages through wholesale broker channels and sells loans to investors in the secondary market, including RMBS transactions. The company also services loans originated.
2. Loan Servicing: Champions Funding services residential mortgages, collecting payments from borrowers and managing escrow accounts

Go-to-market motion1 record

Distribution channels2 records

Marketing channels7 records

Core offering

Champions Funding is a wholesale Non-QM and CDFI-certified mortgage lender that originates residential and investment property loans exclusively through licensed mortgage broker partners. It provides alternative documentation loan programs (No Ratio, Alt-Doc, Full Doc, ITIN, DSCR, Foreign National, and Super Jumbo) and delivers them through its proprietary HERO 2.0 Broker Portal, then sells originated loans into the secondary market (including RMBS securitizations) while retaining servicing.

Product overview

Champions Funding operates as a wholesale Non-QM (Non-Qualified Mortgage) lender and Community Development Financial Institution (CDFI) offering a comprehensive suite of mortgage products through a multi-module platform architecture. The core offering consists of consumer-purpose loan products (Ally No Ratio, Activator Alt-Doc, Activator Prime, Activator Full Doc, ITIN Activator, and Super Jumbo) and business-purpose investment property products (Accelerator DSCR variants for 1-8 unit properties, ITIN DSCR, and Ambassador Foreign National products). These products are delivered through the HERO 2.0 Broker Portal platform, which serves as the primary interface for loan submissions, underwriting tracking, and broker support. The product portfolio is designed to serve underserved communities and borrowers who cannot qualify through traditional agency lenders, offering flexible documentation options including bank statements, asset depletion, and DSCR-based qualification. Additional tools include the Wholesale Quick Pricer for instant loan pricing and comprehensive broker training resources.

Differentiator

Problem solved

Functional benefit

Brands

• HERO: Non-QM Broker Portal for loan submissions and management
• Ally
• Activator
• Accelerator
• Ambassador

Products and services

• Ally (No Ratio) No Income/Employment Verification residential mortgage program designed to qualify underserved and underbanked borrowers without traditional income or employment documentation, offered through licensed mortgage broker partners.
• Activator (Alt-Doc) Alternative documentation residential mortgage product for self-employed borrowers and non-traditional income earners, supporting bank statement, P&L-only, 1099-only, WVOE-only, and Asset Depletion documentation paths, delivered through wholesale brokers.
• Activator Prime (Alt-Doc) Premier pricing tier within the Activator Alt-Doc product for bank statement borrowers on owner-occupied and second home properties, offering competitive rates through wholesale broker partners.
• Activator (Full Doc) Full documentation residential mortgage pathway for primary and second homes, designed for borrowers with diverse financial profiles including small business owners and self-employed individuals, distributed through brokers.
• ITIN Activator (Alt-Doc) Alternative documentation residential mortgage product that accepts an Individual Taxpayer Identification Number (ITIN) in place of an SSN to qualify non-U.S. citizen borrowers, delivered through wholesale broker partners.
• Accelerator (DSCR) Debt Service Coverage Ratio (DSCR) business-purpose mortgage for 1-4 unit investment properties, qualifying borrowers based on the property's rental income rather than personal finances, with DSCR allowed as low as 0.75 and No Ratio options available.
• Accelerator (5-8 Unit DSCR) Debt Service Coverage Ratio business-purpose mortgage for 5-8 unit investment properties requiring DSCR greater than 1.0, qualifying on the property's cash flow rather than personal income, delivered through wholesale broker partners.
• Accelerator (Alt-Doc Investment) Alternative documentation business-purpose mortgage for investment properties, using 12-month business or personal bank statements, P&L-only, 1099-only, WVOE-only, or Asset Utilization documentation, delivered through wholesale broker partners.
• ITIN DSCR Debt Service Coverage Ratio business-purpose mortgage for 1-4 unit investment properties that accepts an ITIN in place of an SSN to qualify non-U.S. citizen investors, delivered through wholesale broker partners.
• Ambassador (Foreign National) Foreign national mortgage product for non-U.S. citizens purchasing second homes or investment properties in the U.S. who do not live or work in the country, delivered through wholesale broker partners.
• Ambassador DSCR (Foreign National) DSCR business-purpose mortgage for foreign nationals investing in 1-4 unit U.S. real estate, covering all DSCR scores plus No Ratio options, delivered through wholesale broker partners.
• Super Jumbo Full or Alt-Doc mortgage product for primary residences exceeding agency loan limits, available up to $5 million with multiple documentation options, delivered through wholesale broker partners.
• Texas 50(a)(6) Cash-Out Texas 50(a)(6) consumer cash-out refinance product enabling Texas homeowners to access equity in their properties, delivered through wholesale broker partners.
• HERO 2.0 Broker Portal Proprietary online broker portal used by licensed mortgage broker partners to submit loans, price products, upload documents, order appraisals, track loan status, and manage loan locks across Champions Funding's Non-QM and CDFI product suite.
• Wholesale Quick Pricer Web-based loan pricing tool that allows mortgage brokers to quickly price Non-QM loans without logging in, with built-in exception request capability for scenarios outside standard guidelines.

Quantifiable outcome

• Loans can close in as little as 5 business days with eligible transferred appraisals
• +2 more outcomes

Named customers6 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• NewRez LLCcoreTechnology or Integration · 17 April 2026NewRez LLC serves as the primary loan servicer for Champions Funding's originated loans. In the NRMLT 2026-NQM5 RMBS transaction, NewRez was the largest originator (47.4%) and handles all servicing for the $471.1 million transaction.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• CoreVest Finance: CoreVest is a specialized lender focused on residential investment property financing (DSCR and fix-and-flip), serving through wholesale broker and direct channels. It overlaps with Champions Funding's Accelerator product suite and investor segment.
• Lima One Capital: Lima One Capital is a specialized DSCR and rental investment property lender that funds primarily through brokers and operates an in-house servicing platform. It overlaps with Champions Funding's Accelerator DSCR program and competes for investment-property broker submissions.
• Deephaven Mortgage: Deephaven Mortgage is a well-known wholesale Non-QM lender offering Alt-Doc, DSCR, ITIN, and Foreign National products to mortgage brokers. Deephaven competes directly across most of Champions Funding's product line.
• Angel Oak Mortgage Solutions: Angel Oak Mortgage Solutions is one of the largest Non-QM wholesale lenders in the U.S., offering Alt-Doc, DSCR, ITIN, and Foreign National products through a broker portal. Champions Funding competes head-to-head with Angel Oak for broker submission share across overlapping Non-QM niches.
• LendingOne: LendingOne is a Non-QM lender specializing in DSCR and rental portfolio loans to real estate investors, distributed via wholesale broker partners. It is a close comparable to Champions Funding's investor-purpose Accelerator DSCR programs.
• Carrington Mortgage Services: Carrington Mortgage Services operates a wholesale Non-QM division (Carrington Wholesale) offering Alt-Doc, DSCR, and renovation products through broker partners. It is a direct competitor to Champions Funding in the wholesale Non-QM broker channel.
• Visio Lending: Visio Lending is a Non-QM DSCR-focused lender that originates primarily through wholesale broker and mini-correspondent channels. It competes directly with Champions Funding's Accelerator DSCR product family for the same investor-borrower base.
• Verus Mortgage Capital (ACRES): ACRES (Verus Mortgage Capital) is an institutional Non-QM Whole Loan and RMBS issuer that acquires Non-QM production from lenders and competes for capital markets execution against Champions Funding's Rithm/NewRez-aligned distribution. As an aggregator and capital partner, it is both a competitor and potential acquisition channel.

Others

• Rithm Capital Corp: Rithm Capital is the parent of Newrez and a major sponsor of Non-QM RMBS transactions (including NRMLT 2026-NQM5 where Champions Funding originated 21.2%). It is a critical capital-markets counterparty and indirect competitor through its underwriting brands, but primarily an enabler of Champions' distribution.

Broad incumbents

• NewRez LLC: NewRez operates a large wholesale and correspondent Non-QM platform alongside its agency lending business, and also serves as Champions Funding's primary servicer and RMBS partner. NewRez is both a competitor (own wholesale broker channel) and a critical counterparty to Champions.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/champstpo
• YouTubeyoutube.com/channel/UCDjCfJQVIRHjN9VXidYDVdA
• Facebookfacebook.com/ChampsTPO
• LinkedInlinkedin.com/company/champions-funding
• Instagraminstagram.com/champstpo

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Champions Funding