LoanStream Mortgage vs Champions Funding
Both are wholesale non-QM lenders offering the full self-employed lineup — bank statement, asset depletion, 1099, P&L, and ITIN. Each is reached through a mortgage broker, so the deciding factors are program guidelines and day-of pricing. Have your broker quote both.
Shared products: Bank Statement, Self-Employed, Non-QM, Asset Depletion, 1099 Income, P&L Only, No Tax Return, ITIN · Updated March 2026
3.5
LoanStream Mortgage
Wins 0 categories
3.5
Champions Funding
Wins 2 categories
Full Comparison
| Feature | LoanStream Mortgage | Champions Funding |
|---|---|---|
| Interest Rates | 7.25%–9.99% | 7.25%–10% |
| Max LTV | 90% | 90% |
| Min Credit Score | 620 | 600Better |
| Loan Range | $100K–$4M | $100K–$5M |
| Origination Fee | Set by your broker | Set by your broker |
| Speed to Close | 25–45 days | 25–45 days |
| Experience Required | No experience required | No experience required |
| LLC Borrowing | No | No |
| Interest-Only | Available | Available |
| Prepayment Penalty | None (owner-occupied) | None (owner-occupied) |
| Foreign National | No | YesBetter |
| Coverage | Nationwide | Nationwide |
| Property Types | primary-residence, second-home, investment | primary-residence, second-home, investment |
| Loan Products | 8 products | 8 products |
| Founded | 2001 | 2021 |
| Editor Rating | 3.5 / 5.0 | 3.5 / 5.0 |
Pros & Cons
LoanStream Mortgage
Pros
- +Established "NanQ" non-QM line with a wide menu
- +Bank statement, 1099, P&L, asset, and ITIN programs
- +Markets a non-QM rate "Best Price Promise"
- +Long-tenured parent company (OCMBC)
Cons
- –NanQ line is wholesale — apply through a broker, not directly
- –Brand is less visible to consumers than retail lenders
- –Pricing and service depend on your broker
Champions Funding
Pros
- +100% non-QM focus with a full self-employed menu
- +CDFI designation supports flexible, exception-based underwriting
- +ITIN, ITIN-DSCR, and foreign-national programs
- +No-ratio and super-jumbo options up to roughly $5M
Cons
- –Wholesale-only — apply through a broker, not directly
- –Newer lender (founded 2021) with a shorter track record
- –Experience and cost depend on your broker
Frequently Asked Questions
Is LoanStream Mortgage or Champions Funding better for self-employed borrowers?
Both are wholesale non-QM lenders offering the full self-employed lineup — bank statement, asset depletion, 1099, P&L, and ITIN. Each is reached through a mortgage broker, so the deciding factors are program guidelines and day-of pricing. Have your broker quote both.
What loan types do LoanStream Mortgage and Champions Funding both offer?
Both lenders offer Bank Statement, Self-Employed, Non-QM, Asset Depletion, 1099 Income, P&L Only, No Tax Return, ITIN. Both offer 8 products.
Which has lower rates, LoanStream Mortgage or Champions Funding?
LoanStream Mortgage advertises rates starting at 7.25% while Champions Funding starts at 7.25%. Both have the same starting rate, but actual rates depend on your credit score, LTV, property type, and loan product. Always get quotes from both lenders.
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