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Adding/Updating HECM Housing Counseling Information
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A potential HECM borrower must receive counseling from a counselor on the FHA HECM Counselor Roster, employed by an FHA-approved housing counseling agency. And the lender must receive the borrower's loan application before the counseling certificate expires. Counseling should have taken place prior to case number assignment (and within 180 days of the appraiser assignment date). |
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If the HECM Counseling Certificate Number or the HECM Counsel Date were not previously entered during Case Number Assignment or need to be updated, enter the correct information in the General Information section as needed. | ||
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Housing counseling can be waived for a HECM refinance case if all required conditions are met. For more information, see the Single Family Housing Handbook 4000.1 at: https://www.hud.gov/hud-partners/single-family-handbook-4000-1. | ||
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