You own your home for as long as it serves as your primary residence. You also retain the right to sell your home and keep any proceeds exceeding the amount still owed on your reverse mortgage.
The reverse mortgage must be repaid in the event of any of the following:
Still Have Questions?
Champion Mortgage representatives are available from Monday through Thursday from 7:00 a.m. to 7:00 p.m. Central Standard Time and on Fridays from 7:00 a.m. to 5:00 p.m. Central Standard Time. Reach us toll-free by calling (855) 683-3095.
You can reach us by fax at (866) 621-1036.
Qualified written requests:
Under the Real Estate Settlement Procedures Act, a qualified written request is a written correspondence, other than notice on your payment coupon or other payment medium supplied by us, regarding the servicing of your loan which includes your name, account number, and your reasons for the request. Any qualified written request you wish to submit must be sent to: