Homeownership Counseling Certification
The homeownership counseling and education programs include.
Homeownership counseling certification. To provide housing counseling services through hud programs individuals must certify through hud by way of passing a new written examinationthe hud housing counseling. At a time when the potential homebuyer is trying to save every dollar sometimes this is not the best solution. Improve the quality and increase the visibility of housing counseling so that it is no longer a best kept secret. This includes the time for collecting.
The framework homebuyer course is the most comprehensive of its kind. The counseling agencies on this list are approved by the us. 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. We have found that potential homebuyers who need homeownership counseling and education certification usually have to take time off or have to rearrange their schedules to take the classes and receive on on one counseling.
Hud published the final rule for housing counseling certification in the federal register on december 14 2016. Our course is accepted by most local and national mortgage products and first time homebuyer incentives that require education. The standards will apply to all housing counseling programs required by hud or provided in connection with any program of hud. It meets hud guidelines and exceeds national industry standards for homeownership education and counseling.
How to fulfill the homeownership education requirement. Department of housing and urban development office of housing certificate number. Access training materials take a practice exam and register for the hud housing counselors certification exam. Certificate of housing counseling.
Certificate of completion of housing counseling fannie mae form 1017 which. 2502 0607 expires 01312017 public reporting burden for this collection of information is estimated to average 25 hours. First homebuyer education counseling a requirement for all down payment assistance programs and first time homebuyer mortgages landlordtenant training financial capacity building first home club and homefirst down payment assistance. The primary objectives of the program are to improve financial literacy expand homeownership opportunities improve access to affordable housing and preserve homeownership.
Housing counselor certification is a statutory requirement that will. Housing counselors near you. What does that mean for you.