{"id":241,"date":"2012-04-04T12:40:33","date_gmt":"2012-04-04T19:40:33","guid":{"rendered":"http:\/\/7148484549.swiftwebdesigner.com\/?page_id=241"},"modified":"2022-11-10T19:02:26","modified_gmt":"2022-11-10T19:02:26","slug":"counseling-information","status":"publish","type":"page","link":"https:\/\/ocreverse.com\/webadmin\/counseling-information","title":{"rendered":"Counseling Information"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"241\" class=\"elementor elementor-241\" data-elementor-post-type=\"page\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-69406346 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"69406346\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-42f0ce7f\" data-id=\"42f0ce7f\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-77433559 elementor-widget elementor-widget-text-editor\" data-id=\"77433559\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.14.0 - 26-06-2023 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p>This is really an \u201ceducation session\u201d to be sure that you completely understand the reverse mortgage and your options before you obtain the loan. The counseling is done by an approved agency and there is no cost and no obligation. The counseling can be done over the phone or in person. As with many items connected with a reverse mortgage, it\u2019s your choice. A counseling certificate will be given to you, or mailed to your home. You\u2019ll need to sign and date the certificate and we will collect it at the time of application since we need to send it along with the loan application package to the underwriter.<\/p><p>Please remind your counselor to send a copy to Morningstar Mortgage at the conclusion of your appointment.\u00a0In order to complete counseling, you must have decided which type of reverse mortgage you are interested in accepting. The certificate type completed must correctly match the application. For example: If you are interested in the HECM, you must complete HECM counseling. After our initial consultation, you will almost certainly have decided which Reverse Mortgage Program will benefit you the most.<\/p><h3>Sources of Reverse Mortgage Counseling for HECM Loans<\/h3><p>These counselors work at HUD-approved housing counseling agencies. Unless prohibited by state law, any client may receive HECM telephone counseling from any of these counselors. The hotlines also have face-to-face counseling available in many areas, so please call for details.<\/p><p><strong>1. Money Management International:<\/strong><\/p><ul><li>The toll free telephone number is:\u00a0866-834-0428<\/li><li>Counselors are available from 6:00 am to 8:00 pm EST Monday through Friday<\/li><\/ul><p>2. <strong>Local Counseling Agencies<\/strong><\/p><p>These organizations are approved by HUD, and may also provide face-to-face or telephone counseling.<\/p><ul><li>These counselors may only perform counseling for borrowers in their state.<\/li><li>The loan officer must give the borrower the names of five counselors from this list, unless there are fewer than five counselors in your state.<\/li><li>The list of counselors is at:<a href=\"https:\/\/entp.hud.gov\/idapp\/html\/hecm_agency_search.cfm\">https:\/\/entp.hud.gov\/idapp\/html\/hecm_agency_search.cfm<\/a><\/li><\/ul><p>Sources for Non-HECM Reverse Mortgage Counseling\u00a0\u00a0<span style=\"font-size: small;\">\u00a0<\/span>If after your initial inquiry and consultation with a Certified Mortgage Planning Specialist at Morningstar Mortgage, you decide a different Reverse Mortgage will best serve your needs, please call us. We will arrange the counseling required by the specific program.<\/p><p><span style=\"font-size: medium;\">For additional information, please call us! We&#8217;ll be happy to help.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>This is really an \u201ceducation session\u201d to be sure that you completely understand the reverse mortgage and your options before you obtain the loan. The counseling is done by an approved agency and there is no cost and no obligation. The counseling can be done over the phone or in person. As with many items &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/ocreverse.com\/webadmin\/counseling-information\"> <span class=\"screen-reader-text\">Counseling Information<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"open","ping_status":"open","template":"","meta":{"_mi_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"site-sidebar-layout":"default","site-content-layout":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":""},"_links":{"self":[{"href":"https:\/\/ocreverse.com\/webadmin\/wp-json\/wp\/v2\/pages\/241"}],"collection":[{"href":"https:\/\/ocreverse.com\/webadmin\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/ocreverse.com\/webadmin\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/ocreverse.com\/webadmin\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ocreverse.com\/webadmin\/wp-json\/wp\/v2\/comments?post=241"}],"version-history":[{"count":12,"href":"https:\/\/ocreverse.com\/webadmin\/wp-json\/wp\/v2\/pages\/241\/revisions"}],"predecessor-version":[{"id":1314,"href":"https:\/\/ocreverse.com\/webadmin\/wp-json\/wp\/v2\/pages\/241\/revisions\/1314"}],"wp:attachment":[{"href":"https:\/\/ocreverse.com\/webadmin\/wp-json\/wp\/v2\/media?parent=241"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}