The Role of a Reverse Mortgage Counselor

The federal government’s Department of Housing and Urban Development (HUD) requires anyone who applies for a Home Equity Conversion Mortgage (HECM) to meet with an independent government-approved housing counseling agency.  What is the purpose of counseling and what is the role of a Reverse Mortgage counselor?  The requirement is in place to protect and further educate reverse mortgage applicants. It ensures that they understand the program and consider…

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Free Reverse Mortgage Counseling is Available!

FREE REVERSE MORTGAGE COUNSELING IS AVAILABLE! (but our bureaucratic government regulators won’t allow me to tell you where!)

Free reverse mortgage counseling is available however somewhere at the crossroads between dumb and dumber lies a government bureaucrat that has decided that we’re not allowed to tell you where.  These regulators are writing more and more rules, regulations and restrictions…maybe seeking job security or perhaps…

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