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You can find a HUD-approved counseling agency via the Consumer Financial Protection Bureau’s Find a Counselor tool, by calling the CFPB at 855-411-2372, or by calling the HOPE Hotline at 888-995 ...
Attendance at a HUD-approved reverse mortgage counseling session. Before you can be approved for a reverse mortgage, you must meet with a third-party counselor at a certified counseling agency who ...
Cambridge Credit Counseling operates as a 501(c)(3) nonprofit agency. It’s a HUD-Approved Housing Counseling Agency and a member of the Financial Counseling Association of America (FCAA) and the ...
NFCC member agencies provide financial reviews and education to more than a million consumers each year in person, over the phone, or online. Every NFCC member agency client receives comprehensive money management services based on their individual needs. NFCC member agencies provide a variety of services including: Credit/Debt Counseling
Before starting the loan process for an FHA/HUD-approved reverse mortgage, applicants must take an approved counseling course. [30] An approved counselor should help explain how reverse mortgages work, the financial and tax implications of taking out a reverse mortgage, payment options, and costs associated with a reverse mortgage. [31]
www.hud.gov The United States secretary of housing and urban development (or HUD secretary ) is the head of the United States Department of Housing and Urban Development , a member of the president's Cabinet , and thirteenth in the presidential line of succession .
Counseling: You must participate in counseling that’s provided by a HUD-approved reverse mortgage counseling agency. During the counseling session, an agent will review your eligibility for a ...
The Federal Housing Administration (FHA), also known as the Office of Housing within the Department of Housing and Urban Development (HUD), is a United States government agency founded by President Franklin Delano Roosevelt, established in part by the National Housing Act of 1934.