Why HUD Counseling Is
Required for Every HECM
HUD requires every reverse mortgage applicant to complete counseling with an independent HUD-approved housing counselor. This safeguard was designed to protect seniors — but it also gives you a powerful educational opportunity to evaluate your options before committing.
Mandatory for All Applicants
You cannot skip this step — counseling is legally required before any HECM loan can be processed or approved.
60-90 Minute Session
One focused session typically lasting 1-1.5 hours — in person, by phone, or via video at your convenience.
Independent & Unbiased
Counselors work for HUD, not the lender — their sole purpose is to make sure you fully understand the loan.
Valid for 180 Days
Your counseling certificate is valid for 6 months. If your closing runs past that, you'll need to redo the session.
How to Prepare for Your Counseling Session
Gather Financial Documents
Bring income statements, bank accounts, monthly expenses, and your current mortgage balance to discuss your full picture.
Write Down Your Questions
Ask about costs, alternatives, impact on heirs, and how you'll meet tax and insurance obligations after closing.
Bring Your Spouse
A non-borrowing spouse should attend. Their input matters — especially regarding what happens to the home if they're outlive you.
Be Honest About Your Situation
Counselors can tailor advice to your specific needs — but only if you're transparent about your finances and goals.