reverse mortgage counseling agencies

Before applying for a HECM, you must meet with a counselor from an independent government-approved housing counseling agency. Some lenders offering.

Cambridge is a 501(c)(3) non-profit agency with an A+ Better Business Bureau rating, and we’re proud to be the top-rated credit counseling agency by ConsumerAffairs.com. Cambridge is also a HUD-approved housing counseling agency, and we provide both bankruptcy and reverse mortgage counseling services.

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Housing Counseling Agencies The housing counseling agencies listed provide New Hampshire residents with both pre- and post-foreclosure counseling services. Please contact the agency located closest to you for help. AHEAD Inc. 262 Cottage Street, Suite 108 Littleton, NH 03561 Tel: (800) 974-1377 Offering services statewide by telephone Community Home Solutions, Inc. 14 New Zealand Road Seabrook.

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Contact Vicki Cheairs, your texas reverse mortgage funding consultant.. provide you with the list of HUD-approved reverse mortgage counseling agencies.

Counseling recipients should not pay for these services. However, housing counseling agencies are permitted to charge reasonable and customary fees for other forms of housing counseling and education services, including pre-purchase, reverse mortgage, rental, and non-delinquency post-purchase counseling services, provided certain conditions are met: Agencies must provide counseling without charge to persons who demonstrate they cannot afford the fees;

The U. S. Department of Housing and urban development (hud) requires that homeowner(s) interested in pursuing a Home Equity Conversion Mortgage (HECM) receive mandatory counseling regarding the implications of and alternatives to a reverse mortgage from a HUD-approved HECM counseling agency.

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The counseling agencies on this list are approved by the U.S. Department of Housing and Urban Development (HUD), and they can offer independent advice about whether a particular set of mortgage loan terms is a good fit based on your objectives and circumstances, often at little or no cost to you.

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Reverse Mortgage Counseling Gaining access to a powerful financial tool For those homeowners who qualify, a Home Equity Conversion Mortgages (HECM), better known as a reverse mortgage can be a useful money management tool, especially in retirement.

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