Reverse Mortgage and Loan News

United States Reverse Mortgages

National Reverse Mortgage Counselor Network

These names have been approved by HUD. 

Increasing demand for HUD’s HECM product by senior citizens, has put pressure on the counseling industry to meet the demand for the required counseling. To make sufficient quality Home Equity Conversion Mortgage (HECM) counseling available, HECM counselors from the below agencies are permitted to provide face-to-face and telephone counseling nationally. Please contact them to obtain HECM counseling.

 

• National Foundation for Credit Counseling (NFCC) - 1-866-698-6322
• Money Management International (MMI) - 1-877-908-2227
• American Association of Retired Persons (AARP) - 1-800-209-8085

For more information on the National HECM Counseling Network, please see HUD Mortgagee Letter 2005-44.

Related posts:

1. New HUD Rule Allows Reverse Mortgages For Home Purchase
2. Are You Ready For Reverse Mortgage Counseling?
3. Refinancing Existing Home Equity Conversion Mortgages (HECM) and Revision
4. California Reverse Mortgage Information
5. Local Focus: Michigan Reverse Mortgage Stats

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