2828 Coral Way Ste 470 Miami, FL 33145

Docs Required HECM Purchase

Docs Required HECM Purchase

HUD or PRIVATE REVERSE MORTGAGE FOR PURCHASE COUNSELING SERVICE

 

To do a Reverse Mortgage FOR PURCHASE a Counseling Session is required with  either a HUD or Proprietary Lender Authorized Counselor. The Counselor will explain the Program and Plans, draw up a budget, will ask questions to determine that you understand the Program and are consious of what you are doing.

.You must inform the Coiunselor of which FOR PURCHASE Program you are doing, prior to starting the counseling Session. The forms and Requisites are different and a a HUD Certificate will not be good for a Private OR Private for HUD..
Counselor will issue an Official Certificate either from HUD or the Lender, certifying that you have competed the process and that you understand what you are doing. There is no obligation to do the Mortgage.
The session lasts approximately 1 hour and it can be done by telphone or face to face. It costs around $125-$145. (face to face might be more expensive). It is paid directly to the Counseling Agency.

 

Request information to prepare for the Session and a List of Counseling Agencies in Florida and your Area

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CONTACT INFO

2828 Coral Way Ste 470
Miami, FL 33145

Great Florida Lending Inc.

NMLS Identifier:314305
Florida License: MBR216
Licensed in Florida, Georgia and Texas

Juan Luis Rodriguez-Kohly

NMLS Identifier: 257898
Florida License: LO 5069
Regulated in Florida by the Florida Office of Financial Regulation
Florida Licensed Real Estate Salesperson Lic 0635518