No Income/ Employment Verification
ALLY EQUITY FIRST
No Min. FICO Required
O/O No Ratio solution built for borrowers with equity, not perfect credit.
Flexible Mortgage Solutions
More Ways to Say Yes. More Ways to Win.
We help mortgage brokers turn complex borrower scenarios into funded loans. With flexible Non-QM programs, experienced support, and a commitment to execution, Victory Wholesale Loans gives you the solutions and confidence to close more loans and build a stronger business.
Champions Funding, LLC, DBA Victory Wholesale Loans · NMLS #2254210 · For mortgage professionals only · This site is not directed at or intended for consumers
Opening doors for more borrowers
Flagship Non-QM Loan Programs
Focused exclusively on Non-QM, we fund loans other lenders don't with our hassle-free and common-sense approach to mortgage lending.
PRIMARY RESIDENCE and SeCOND HOMES
No Income/ Employment Verification
ALLY
No Ratio
Mission-driven No Ratio product to serve the nation's most diverse and underbanked borrowers.
NEW! Alt-Doc
ACTIVATOR EQUITY FIRST
Alt-Doc | Primary & Second Homes
1-year income, self-employed tax returns, retirement funds, 12-months personal or business bank statements, P&L only.
Alt-Doc
ACTIVATOR
Alt-Doc | Non-Traditional Borrowers
Bank Statements, P&L-only, 1099-only, WVOE-only, and Asset Depletion options.
Full-Doc
ACTIVATOR
Primary & Second Homes
Pathway for borrowers with diverse financial profiles (small business owners, self-employed, etc).
Super Jumbo Full/Alt-Doc
UP TO $5M
Primary Residence
Properties exceeding agency loan limits can qualify with Non-QM using a variety of documentation types.
Investment properties
DSCR
NEW! EQUITY FIRST
No Min. FICO Required
DSCR solution built for borrowers with equity, not perfect credit.
DSCR 1-4 Unit
ACCELERATOR
DSCR ≥ .75 + No Ratio
Financing solution investment properties that can build equity and increase cash-flow.
DSCR 5-8 Unit
ACCELERATOR
5-8 Unit | DSCR > 1.0
Qualify using investment property's cash flow/income using a debt-to-service ratio.
Alt-Doc
ACCELERATOR
Alt-Doc | Investment Properties
12-Month Business or Personal Bank Statements, P&L-only, 1099-only, WVOE-only, and Asset Utilization options.
Full-Doc
ACCELERATOR
Investment Properties
W2, Tax Returns, and Retirement for Primary, Second, and Investment properties.
Today’s Turn Times
SLAs as of: 11/02/2026 – 5:30 AM (PST) / 8:30 AM (EST)
New Underwrites
1 Business Day
Condition Review
2 Business Days
Appraisal Review
1 Business Day
Ready for Docs
1 Business Day
Funding
1 Business Day
State Licensing
Consumer Purpose: Primary & Secondary HomesBusiness Purpose: Investment & Rental Properties
Consumer & BusinessBusiness purpose onlyAlly (Consumer - No Ratio)
Alabama
Business purpose onlyBusiness Purpose
- Broker License Required
- No
- Loan Originator License Required
- No
Alaska
Business purpose onlyBusiness Purpose
- Broker License Required
- No
- Loan Originator License Required
- No
Arizona
Consumer & BusinessConsumer Purpose
Mortgage Banker License #1031319
✓ Ally (Consumer - No Ratio) Permitted
Business Purpose
- Broker License Required
- Yes
- Loan Originator License Required
- No
Arkansas
Business purpose onlyBusiness Purpose
- Broker License Required
- No
- Loan Originator License Required
- No
California
Consumer & BusinessConsumer Purpose
Loans made or arranged pursuant to the California Financing Law, License #60DBO-151902
✓ Ally (Consumer - No Ratio) Permitted
Business Purpose
- Broker License Required
- Yes
- Loan Originator License Required
- No
Colorado
Consumer & BusinessConsumer Purpose
Registered Colorado Mortgage Company – Regulated by the Division of Real Estate
✓ Ally (Consumer - No Ratio) Permitted
Business Purpose
- Broker License Required
- No
- Loan Originator License Required
- No
Connecticut
Consumer & BusinessConsumer Purpose
Mortgage Lender License #ML-2254210 *Loan amounts greater than $417,000 eligible for Ally
✓ Ally (Consumer - No Ratio) Permitted
Business Purpose
- Broker License Required
- No
- Loan Originator License Required
- No
Delaware
Consumer & BusinessConsumer Purpose
Lender License #040679
✓ Ally (Consumer - No Ratio) Permitted
Business Purpose
- Broker License Required
- No
- Loan Originator License Required
- No
District of Columbia
Consumer & BusinessConsumer Purpose
Mortgage Dual Authority License #MLB2254210
Business Purpose
- Broker License Required
- No
- Loan Originator License Required
- No
Florida
Consumer & BusinessConsumer Purpose
Mortgage Lender License #MLD2135
✓ Ally (Consumer - No Ratio) Permitted
Business Purpose
- Broker License Required
- No
- Loan Originator License Required
- No
Georgia
Consumer & BusinessConsumer Purpose
Georgia Mortgage Lender License/Registration, License #2254210
✓ Ally (Consumer - No Ratio) Permitted
Business Purpose
- Broker License Required
- No
- Loan Originator License Required
- No
Hawaii
Consumer & BusinessConsumer Purpose
Mortgage Loan Originator Company #2254210
✓ Ally (Consumer - No Ratio) Permitted
Business Purpose
- Broker License Required
- No
- Loan Originator License Required
- No
Idaho
Consumer & BusinessConsumer Purpose
Mortgage Banker License #MBL-2082254210
✓ Ally (Consumer - No Ratio) Permitted
Business Purpose
- Broker License Required
- Yes
- Loan Originator License Required
- Yes
Illinois
Consumer & BusinessConsumer Purpose
Residential Mortgage License #MB.6761695
✓ Ally (Consumer - No Ratio) Permitted
Business Purpose
- Broker License Required
- No
- Loan Originator License Required
- No
Indiana
Consumer & BusinessConsumer Purpose
Indiana DFI Mortgage Lender License #64213
✓ Ally (Consumer - No Ratio) Permitted
Business Purpose
- Broker License Required
- No
- Loan Originator License Required
- No
Iowa
Consumer & BusinessConsumer Purpose
Mortgage Banker License #2022-0098
✓ Ally (Consumer - No Ratio) Permitted
Business Purpose
- Broker License Required
- No
- Loan Originator License Required
- No
Kansas
Business purpose onlyBusiness Purpose
- Broker License Required
- No
- Loan Originator License Required
- No
Kentucky
Business purpose onlyBusiness Purpose
- Broker License Required
- No
- Loan Originator License Required
- No
Louisiana
Business purpose onlyBusiness Purpose
- Broker License Required
- No
- Loan Originator License Required
- No
Maine
Consumer & BusinessConsumer Purpose
Supervised Lender License #2254210
Business Purpose
- Broker License Required
- No
- Loan Originator License Required
- No
Maryland
Consumer & BusinessConsumer Purpose
Mortgage Lender License #2254210
Business Purpose
- Broker License Required
- No
- Loan Originator License Required
- No
Massachusetts
Business purpose onlyBusiness Purpose
- Broker License Required
- No
- Loan Originator License Required
- No
Michigan
Consumer & BusinessConsumer Purpose
1st Mortgage Broker/Lender License #FL0024112
✓ Ally (Consumer - No Ratio) Permitted
Business Purpose
- Broker License Required
- Yes
- Loan Originator License Required
- No
Minnesota
Consumer & BusinessConsumer Purpose
Residential Mortgage Originator - License # MN-MO-2254210
Business Purpose
- Broker License Required
- Yes
- Loan Originator License Required
- Yes
Mississippi
Business purpose onlyBusiness Purpose
- Broker License Required
- No
- Loan Originator License Required
- No
Missouri
Business purpose onlyBusiness Purpose
- Broker License Required
- No
- Loan Originator License Required
- No
Montana
Consumer & BusinessConsumer Purpose
Mortgage Lender License #2254210 Mortgage Broker License #2254210
✓ Ally (Consumer - No Ratio) Permitted
Business Purpose
- Broker License Required
- Yes
- Loan Originator License Required
- No
Nebraska
Business purpose onlyBusiness Purpose
- Broker License Required
- No
- Loan Originator License Required
- No
Nevada
Consumer & BusinessConsumer Purpose
Mortgage Company License #5734
Business Purpose
- Broker License Required
- Yes
- Loan Originator License Required
- Yes
New Hampshire
Business purpose onlyBusiness Purpose
- Broker License Required
- No
- Loan Originator License Required
- No
New Jersey
Consumer & BusinessConsumer Purpose
Residential Mortgage Lender License – licensed by the N.J. Department of Banking and Insurance
✓ Ally (Consumer - No Ratio) Permitted
Business Purpose
- Broker License Required
- No
- Loan Originator License Required
- No
Unlicensed Brokers must complete a “Business Purpose Broker Attestation(opens in new tab)”
New Mexico
Business purpose onlyBusiness Purpose
- Broker License Required
- No
- Loan Originator License Required
- No
New York
Business purpose onlyBusiness Purpose
- Broker License Required
- No
- Loan Originator License Required
- No
Unlicensed Brokers must complete a “Business Purpose Broker Attestation(opens in new tab)”
North Carolina
Consumer & BusinessConsumer Purpose
Mortgage Lender License #2254210
✓ Ally (Consumer - No Ratio) Permitted
Business Purpose
- Broker License Required
- No
- Loan Originator License Required
- No
North Dakota
Not availableCannot do a business purpose loan in this state
Ohio
Consumer & BusinessConsumer Purpose
Residential Mortgage Lending Act Certificate of Registration #RM.805106.000
✓ Ally (Consumer - No Ratio) Permitted
Business Purpose
- Broker License Required
- No
- Loan Originator License Required
- No
Oklahoma
Consumer & BusinessConsumer Purpose
Mortgage Lender License #ML016107 Mortgage Lender License #ML016108 - OTN #1
✓ Ally (Consumer - No Ratio) Permitted
Business Purpose
- Broker License Required
- No
- Loan Originator License Required
- No
Oregon
Consumer & BusinessConsumer Purpose
Mortgage Lending License #2254210
✓ Ally (Consumer - No Ratio) Permitted
Business Purpose
- Broker License Required
- Yes
- Loan Originator License Required
- Yes
Pennsylvania
Consumer & BusinessConsumer Purpose
Mortgage Lender License #94873
Business Purpose
- Broker License Required
- No
- Loan Originator License Required
- No
Rhode Island
Consumer & BusinessConsumer Purpose
Rhode Island Licensed Lender #20244713LL
✓ Ally (Consumer - No Ratio) Permitted
Business Purpose
- Broker License Required
- No
- Loan Originator License Required
- No
South Carolina
Consumer & BusinessConsumer Purpose
BFI Mortgage Lender/Servicer License #MLS 2254210 BFI Mortgage Lender/Servicer License - Other Trade Name #1 - #MLS - 2254210 OTN#1
✓ Ally (Consumer - No Ratio) Permitted
Business Purpose
- Broker License Required
- No
- Loan Originator License Required
- No
South Dakota
Not availableCannot do a business purpose loan in this state
Tennessee
Consumer & BusinessConsumer Purpose
Mortgage License #2254210
✓ Ally (Consumer - No Ratio) Permitted
Business Purpose
- Broker License Required
- No
- Loan Originator License Required
- No
Texas
Consumer & BusinessConsumer Purpose
SML Mortgage Company License
✓ Ally (Consumer - No Ratio) Permitted
Business Purpose
- Broker License Required
- No
- Loan Originator License Required
- No
Utah
Consumer & BusinessConsumer Purpose
DFI Residential First Mortgage Notification
✓ Ally (Consumer - No Ratio) Permitted
Business Purpose
- Broker License Required
- Yes
- Loan Originator License Required
- Yes
Vermont
Consumer & BusinessConsumer Purpose
Lender License LL-2254210 Mortgage Broker License MB-2254210
✓ Ally (Consumer - No Ratio) Permitted
Business Purpose
- Broker License Required
- Yes
- Loan Originator License Required
- No
Virginia
Consumer & BusinessConsumer Purpose
NMLS ID # 2254210 (www.nmlsconsumeraccess.org) Mortgage Broker License #MC-7408 Mortgage Lender License #MC-7408
✓ Ally (Consumer - No Ratio) Permitted
Business Purpose
- Broker License Required
- Yes
- Loan Originator License Required
- No
Licensing not required for properties held in an LLC or Corporation
Washington
Consumer & BusinessConsumer Purpose
Consumer Loan Company License #CL-2254210
Business Purpose
- Broker License Required
- No
- Loan Originator License Required
- No
West Virginia
Business purpose onlyBusiness Purpose
- Broker License Required
- No
- Loan Originator License Required
- No
Wisconsin
Consumer & BusinessConsumer Purpose
Mortgage Banker License # 2254210BA Mortgage Broker License # 2254210BR
✓ Ally (Consumer - No Ratio) Permitted
Business Purpose
- Broker License Required
- No
- Loan Originator License Required
- No
Wyoming
Business purpose onlyBusiness Purpose
- Broker License Required
- No
- Loan Originator License Required
- No
Business Purpose State Licensing Matrix(opens in new tab)Prepayment Penalty Matrix(opens in new tab)
View all state licenses
| STATE | LICENSE | ALLY |
|---|---|---|
| Arizona | AZ | Mortgage Banker License #1031319 | ✓ |
| California | CA | Loans made or arranged pursuant to the California Financing Law, License #60DBO-151902 | ✓ |
| Colorado | CO | Registered Colorado Mortgage Company – Regulated by the Division of Real Estate | ✓ |
| Connecticut | CT | Mortgage Lender License #ML-2254210 *Loan amounts greater than $417,000 eligible for Ally | ✓ |
| Delaware | DE | Lender License #040679 | ✓ |
| District of Columbia | DC | Mortgage Dual Authority License #MLB2254210 | |
| Florida | FL | Mortgage Lender License #MLD2135 | ✓ |
| Georgia | GA | Georgia Mortgage Lender License/Registration, License #2254210 | ✓ |
| Hawaii | HI | Mortgage Loan Originator Company #2254210 | ✓ |
| Idaho | ID | Mortgage Banker License #MBL-2082254210 | ✓ |
| Illinois | IL | Residential Mortgage License #MB.6761695 Regulated by the Illinois Department of Financial and Professional Regulation, Division of Banking, 100 West Randolph, 9th Floor, Chicago, IL 60601, 1-888-473-4858 Illinois Community Reinvestment Act Notice Your involvement is encouraged. You are entitled to certain information about our operations and our performance under the ILCRA, including, for example, information about our additional full-service office(s), such as their location and services provided at them; the public section of our most recent ILCRA Performance Evaluation, prepared by the Secretary; and comments received from the public relating to our performance in helping to meet community credit needs, as well as our responses to those comments. You may review this information today. At least 30 days before the beginning of each quarter, the Secretary publishes a nationwide list of the covered mortgage licensees that are scheduled for ILCRA examination in that quarter. This list is available from the Secretary at 320 West Washington Street, 3rd Floor, Springfield, IL 62786 and at 555 West Monroe Street, Suite 500, Chicago, IL 60661. You may send written comments about our performance in helping to meet community lending needs to Attn: Annette Arevalo, 365 E. Germann Road, Suite 140, Gilbert, AZ 85297 and the Secretary. You may also submit comments electronically through the Department's Website at https://idfpr.illinois.gov/admin/cra.html(opens in new tab). Your letter, together with any response by us, will be considered by the Secretary in evaluating our ILCRA performance and may be made public. You may ask to look at any comments received by the Secretary. You may also request from the Secretary an announcement of our applications covered by the ILCRA filed with the Secretary. | ✓ |
| Indiana | IN | Indiana DFI Mortgage Lender License #64213 | ✓ |
| Iowa | IA | Mortgage Banker License #2022-0098 | ✓ |
| Maine | ME | Supervised Lender License #2254210 | |
| Maryland | MD | Mortgage Lender License #2254210 | |
| Michigan | MI | 1st Mortgage Broker/Lender License #FL0024112 | ✓ |
| Minnesota | MN | Residential Mortgage Originator - License # MN-MO-2254210 | |
| Montana | MT | Mortgage Lender License #2254210 Mortgage Broker License #2254210 | ✓ |
| Nevada | NV | Mortgage Company License #5734 | |
| New Jersey | NJ | Residential Mortgage Lender License – licensed by the N.J. Department of Banking and Insurance | ✓ |
| North Carolina | NC | Mortgage Lender License #2254210 | ✓ |
| Ohio | OH | Residential Mortgage Lending Act Certificate of Registration #RM.805106.000 | ✓ |
| Oklahoma | OK | Mortgage Lender License #ML016107 Mortgage Lender License #ML016108 - OTN #1 | ✓ |
| Oregon | OR | Mortgage Lending License #2254210 | ✓ |
| Pennsylvania | PA | Mortgage Lender License #94873 | |
| Rhode Island | RI | Rhode Island Licensed Lender #20244713LL | ✓ |
| South Carolina | SC | BFI Mortgage Lender/Servicer License #MLS 2254210 BFI Mortgage Lender/Servicer License - Other Trade Name #1 - #MLS - 2254210 OTN#1 | ✓ |
| Tennessee | TN | Mortgage License #2254210 | ✓ |
| Texas | TX | SML Mortgage Company License Texas Mortgage Company Disclosure TEXAS RESIDENTS: CONSUMERS WISHING TO FILE A COMPLAINT AGAINST A MORTGAGE COMPANY OR RESIDENTIAL MORTGAGE LOAN ORIGINATOR LICENSED IN TEXAS SHOULD SEND A COMPLETED COMPLAINT FORM TO THE DEPARTMENT OF SAVINGS AND MORTGAGE LENDING (SML): 2601 N. LAMAR BLVD., SUITE 201, AUSTIN, TEXAS 78705; TEL: 1-877-276-5550. INFORMATION AND FORMS ARE AVAILABLE ON SML'S WEBSITE: SML.TEXAS.GOV(opens in new tab). | ✓ |
| Utah | UT | DFI Residential First Mortgage Notification | ✓ |
| Vermont | VT | Lender License LL-2254210 Mortgage Broker License MB-2254210 | ✓ |
| Virginia | VA | NMLS ID # 2254210 (www.nmlsconsumeraccess.org) Mortgage Broker License #MC-7408 Mortgage Lender License #MC-7408 | ✓ |
| Washington | WA | Consumer Loan Company License #CL-2254210 | |
| Wisconsin | WI | Mortgage Banker License # 2254210BA Mortgage Broker License # 2254210BR | ✓ |
The Victory Wholesale Loans Advantage
From the mortgage broker approval to funding a loan, we move you through the process in days, not weeks.
Step 1
Become a Partner
Offer unique Non-QM products for your clients seeking solutions for primary residences, second homes, and investment properties.
Step 2
Price and Submit
Price a loan anytime, any day in Quick Pricer. A Fannie Mae 3.4 XML file is all you need to get started on a new loan submission.
Step 3
Get a Loan Approval
A smooth path to victory with amazing turn times and a dedicated Underwriting team.
Step 4
Clear to Close
Get ready! Enjoy a lightning speed process to the finish line with great communication along the way.
Step 5
Your Loan is Funded!
You closed a Non-QM loan in record time scoring points for your borrowers and referral sources.
Step 6
Rinse and Repeat
Let's do it again. Find more business with exclusive training & marketing tools that can help you win your next deal.
Why Victory Wholesale Loans
Dedicated Support
Get direct access to experienced Non-QM scenario specialists who provide the expertise and support you need to navigate complex loans, find solutions, and win more business.
Modern Technology
The Victory Hub is intuitive and elegantly designed for ease of use and lightning-fast results.
Free Marketing Resources
Attract new customers with complimentary access to expertly crafted Non-QM marketing materials.
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