Are you looking to buy your first house? Are you concerned about your ability to make your monthly mortgage payments? Are you over 62 and wondering if a reverse mortgage is right for you?
FCAA HUD (Department of Housing and Urban Development) approved agencies can help you with any housing related concerns/issues you have.
Pre-Purchase Homebuyer Education and Counseling is for the first time homebuyer. These sessions are geared to helping the potential homebuyer qualify for a mortgage and understanding the process of buying a home, from learning terminology to understanding mortgage documents and everything in between.
Post-Purchase Homebuyer Education and Counseling sessions help to educate homeowners in finding the best solutions for dealing with home maintenance issues. These sessions are also constructed to help homeowners improve their credit and manage changing financial conditions, whether or not they are mortgage related.
For those who are facing foreclosure, Foreclosure Mitigation Counseling can aide with the mortgage modification process and other options to prevent foreclosure.
For those 62 and over seeking a Reverse Mortgage, a HUD certified HECM (Home Equity Conversion Mortgage) counselor is the person to speak with. These sessions are geared to ensure you understand all aspects of the reverse mortgage process. As a matter of fact, reverse mortgage counseling is mandatory prior to closing on an FHA reverse mortgage loan.
No matter what the need, FCAA member agencies are ready to answer all your housing questions.