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Champion Mortgage

  621 inquiries |
Reverse Mortgage

PO Box 612877
Dallas, TX 75261
| Get Directions

(855) 683-3095

http://www.championmortgage.co...

Company Rating

C

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Customer Reviews

based on 0 reviews.

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Complaint Experience

50%

Complaint Resolution Index (CRI)

4 complaints closed in last 3 years.

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Membership Information

This business is not a member of Business Consumer Alliance. This fact does not disparage the company in any way.

Recent Review

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Complaints and Resolutions

Total Amount in Dispute:
$50,000.00

Total Amount Settled:
$0.00

Complaint Experience

50%

Complaint Resolution Index (CRI)

BCA's Summary and Analysis:

Our complaint history for this company shows that the company responded to and gave proper consideration to most complaints. However, one or more complaints are unresolved meaning the company failed to properly address the complaint allegations or their response was inadequate.

However, the company failed to respond to one complaint.

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Complaint Closing Statistics

4 complaints against Champion Mortgage closed in last 3 years.
Complaints Type of response
0 Making a full refund, as the consumer requested
0 Making a partial refund
0 Agreed to make an adjustment
1 Refusing to make an adjustment
2 Refuse to adjust, relying on terms of agreement
1 Unanswered

View summaries of the complaint descriptions and responses.

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Other Information

Company Info

This company's business provides reverse mortgage services.

Primary Contact: Chandler Williams (Customer Relations Specialist)
Business Started: N/A
Social:

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Licensing

California law requires "any person or company who engages in the business of mortgage loans to be licensed by the California Department of Bureau Oversight (DBO) with a Consumer Finance Lenders License, or the Bureau of Real Estate (BRE) with a brokers license.." A finance lenders license provides the licensee with an exemption from the usury provision of the California Constitution. The California Finance Lenders Law provides limited brokering authority. A "broker" is defined in the law as "any person engaged in the business of negotiating or performing any act as broker in connection with loans made by a finance lender." Brokers licensed under this law may only boker loans to lenders that hold a California Finance Lenders license.
Prior to using the services of a mortgage broker or lender, make sure they are properly licensed with the California Department of Bureau Oversight, (DBO), and/or the California Bureau of Real Estate, (BRE).

You can reach the DBO by phone at (866) 275-2677, or visit their website at www.dbo.ca.gov. The BRE can be contacted by phone at (877) 373-4542, or their website address is www.dre.ca.gov.

For businesses outside of California, please check with the agency that regulates this industry.

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Government Actions

BCA has no information regarding government actions at this time.

Comments and Analysis

We have no further comment about this company's business practices or analysis of its offer that may assist you in your consideration of this company.

Other Considerations

We know of no other matter or practice relating to this company that may assist you in your consideration of this company.

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Additional Info

DBAs:
There are no additional DBAs.

Websites:
There are no additional web sites.

Contacts:

Tim Mullen (Customer Relations Specialist)
Customer Relations