Mortgage Counseling Certification
Also offers advice about refinancing anti predatory lending education post purchase counseling reverse mortgage counseling and default prevention education.
Mortgage counseling certification. This certificate is presented to the lender with the reverse mortgage application. This requires that the borrower additionally forward all the disclosures to the counselor. If you would like to talk to a reverse mortgage counselor please search here. 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.
How to be an approved hecm counselor attend an fha approved training course related to hecm counseling in the past two years. Provides free mortgage counseling one on one education of mortgage process for first time homebuyers credit and income review and assistance in obtaining pre approval. Reverse mortgage counseling can be done over the phone or it can be done face to face with a regional agency. Counseling of potential reverse mortgage counseling clients non borrower spouse september 9 2013.
Reverse mortgage counselors must a meet a series of hud requirements prior to advising potential homeowners of this program. Access training materials take a practice exam and register for the hud housing counselors certification exam. After the counseling session the counselor will mail a signed copy of the hecm counseling certificate to the homeowner. Housing counseling on hud exchange.
Hecm counseling certificate hud 92902 may 7 2014. The homeownership counseling and education programs include. To find a reverse mortgage lender use the hud lender list search. To find a reverse mortgage counselor near you search the hecm counselor roster or call 800 569 4287.
Consumer fees for housing counseling. Information about the home equity conversion mortgage hecm certification is available on the hecm counseling resources page of the hud exchange. Hoepa counseling certification course. If you are facing foreclosure and want the assistance of a housing counselor search the list of foreclosure avoidance counselors or visit the making home affordable program q for borrowers.
Other reverse mortgagehecm counseling training.