HECM Default Counseling                                                                 

HECM Default Counseling course offers the basics on how housing counselors can assist HECM borrowers in default on their loans. Participants will learn about options to avoid foreclosure and best practices to assist HECM borrowers that are having difficulty paying their property charges. Participants are taught the advantages and disadvantages of obtaining a reverse mortgage, specific costs related to completing the transaction, available products, predatory lending risks, and the process for becoming a HECM certified counselor.

When you register for this course, you receive:

• One week of HECM Default Counseling training from an experienced HECM counselor
• Guides and templates for program support
• Downloadable PDF files with all guides and templates included in the manual
• Ability to apply for ULA certification as a foreclosure counselor
• Networking opportunities with other HECM Default counselors

This course is an approved HECM Course Roster CEU.

Tuition: $400 per course

Non-refundable Registration Fee: $40

Scholarships are also offered.

Review the ULA course calendar to find an upcoming HECM course near you.