Champions Funding

- No need 6 month seasoning, you can cash out (not delayed financing) with new/current appraisal value

- Loan program Ally - Primary residence and 2nd home Allowed- True NO DOC. No income, no employment, No DTI stated on the 1003, no supporting income docs required!

DSCR
- FTHB now accepted (rent free allowed)
- Vacant property allowed
- 100% gift fund allowed
- IPC allowed upto 6%
- DSCR < 0.75 allowed - Use mid score of whoever higher - Large deposit < 10% of loan amount no need to be source - Now accept 85% LTV (740+ score only) - Min score 640, 65% LTV , DSCR can 1
- Asset assist can be used in conjunction with the rent (Can help you change from DSCR 0.2 into 1.25 if you have large amount of asset
- Appraisal transfer now no need transfer letter
- LO license only required in KS , NV, OR, SD.

– No need 6 month seasoning, you can cash out (not delayed financing) with new/current appraisal value

– Loan program Ally – Primary residence and 2nd home Allowed- True NO DOC. No income, no employment, No DTI stated on the 1003, no supporting income docs required!

DSCR
– FTHB now accepted (rent free allowed)
– Vacant property allowed
– 100% gift fund allowed
– IPC allowed upto 6%
– DSCR < 0.75 allowed – Use mid score of whoever higher – Large deposit < 10% of loan amount no need to be source – Now accept 85% LTV (740+ score only) – Min score 640, 65% LTV , DSCR can 1
– Asset assist can be used in conjunction with the rent (Can help you change from DSCR 0.2 into 1.25 if you have large amount of asset
– Appraisal transfer now no need transfer letter
– LO license only required in KS , NV, OR, SD.