Counseling recipients should not pay for these services. However, housing counseling agencies are permitted to charge reasonable and customary fees for other forms of housing counseling and education services, including pre-purchase, reverse mortgage, rental, and non-delinquency post-purchase counseling services, provided certain conditions are met:
If you are upside down in your mortgage, and do not see a way out anytime soon, it’s time to take action. Losing your home to foreclosure has serious consequences. Don’t make the wrong decision.