HUD Counseling
We understand that you may have many questions about your reverse mortgage, that’s why FHA makes it a key requirement to have every borrower counseled by and independent HUD approved counselor.
A key requirement of the Reverse Mortgage programs is for every borrower to talk with an independent licensed counselor. Typically conducted via phone, the counselor will verify that you understand the program, answer questions, and are ready to proceed. Processing of your loan can only begin once you have completed the counseling session and a certificate from the counselor has been issued.
