|
Application
|
Yes |
Application |
|
Counseling Certificate
|
Yes |
Certified housing counselors provide seniors with information regarding the HECM (home equity conversion mortgage) loan products, FannieMae loan product and other alternatives. This information is presented in one-on-one sessions or by phone, following HUD's reverse mortgage procedures, to ensure that clients receive the information necessary to make informed decisions while avoiding predatory lending practices. |
|
Photo ID
|
Yes |
Government Form of Identification |
|
Proof of Social Security
|
Yes |
Social Security Card, Medicare Card, or Birth Certificate |
|
Utility Bill
|
Yes |
Most recent utility bill to prove residency |
|
HOA
|
Condo |
If the condominium is not on the FHA list, a spot condo cert for the Home Owners Association must be completed |
