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Smart Money Housing |
1 Week |
$125 |
1-800-403-3807 | Visit Website » | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| This counseling agency will allow the $125 fee to be financed through the loan. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Cambridge Credit Counseling |
24-48Hrs |
$125 |
1-888-764-7460 | Visit Website » | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| This counseling agency will allow the $125 fee to be financed through the loan and will not bill you should your HECM loan not close. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Credibility Counseling | 2 Weeks | $125 | 1-800-251-2227 | Visit Website » | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| This counseling agency just received grant funds from the government and is currently waiving the counseling fee to all borrowers. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Clearpoint Counseling |
2 Weeks | $125 | 1-800-750-2227 | Visit Website » | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Special Notes: This counseling agency will allow their $125 fee to be financed through the loan closing should you meet minimum income requirements. Clearpoint policy requires that all borrowers receive pre-counseling documents by mail prior to any scheduling regardless of whether you have already received the pre-counseling documents from your lender. |
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Springboard Non Profit |
2 Weeks | $125 | 1-800-431-8456 | Visit Website » | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| This counseling agency will allow their $125 fee to be financed through the loan closing should you meet minimum income requirements. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Counseling Guides / PDF Downloads
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Preparing for your Counseling Session (PDF file, 4 Pages)
What You Can Expect from Your Reverse Mortgage Counselor (4Pgs)
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Use Your Home to Stay at Home™ (PDF file, 26 Pages)
Expanding the Use of Reverse Mortgages for
Long-Term Care: A Blueprint for Action
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What happens after Counseling?
After you have completed your counseling session you will be mailed a certificate of completion (view sample document). This Counseling certificate should be signed and returned to your lender if you wish to proceed with the processing of the loan. No 3rd party services may be ordered such as Appraisal, Title, Escrow until the lender has your signed certificate in hand
Have a question about the Reverse Mortgage? If you or a family member would like a complete, no-obligation personal analysis please call Toll Free (800) 565-1722 or request free analysis
Reverse Mortgage Counseling maintained by By Mike Branson - Add me to your circles 