Free HECM Counseling
I just read that MMI (Money Management International) starting July 1, that they will not be charging for HECM counseling. Based on available grant money they feel they should be able to offer this until sometime in October. To be able to offer this free counseling for as long as they can, they will be limiting the counseling up to 3500 sessions per month.
Lenders cannot steer a senior to any particular agency, but we should make sure that MMI is on the list of counseling providers that we provide to our clients.
Dennis Chanski
866.373.3033
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