Champions Funding, a nationwide non-QM & community development financial institution wholesale mortgage lender launched in March 2022, appointed Natalie Verrette as president and chief operating officer.
Verrette will be in charge of advancing its fundamental mission of expanding options to an underserved market through its flagship loan programs.
"I am honored and humbled to be named president and COO of Champions Funding and lead the team of Champions to give borrowers a new option that doesn't exist with agency loans," Verrette said. "Our goal is to make the process smooth for our valued broker partners regardless of their previous experience with non-QM loans. We're committed to serving our partners and expanding equity in homeownership."
Before joining Champions, Verrette served as part of the management team at The Money Source Inc. as executive vice president of operations/originations before taking on the role of senior vice president at AmeriSave Mortgage Corporation. Her understanding of market development, recruiting, strategic planning, industry partnerships, and communications will steer the new wholesale lender to its ambitious goals for top ranking in the non-QM space founded by CEO Evan M. Stone and chairwoman of the board, Patty Arvielo of New American Funding.