What is a HUD Counselor, and how can they help me?

What is a HUD-approved housing counselor, and how can they help me?

A HUD-approved housing counselor is specially trained and certified by the government to help you assess your financial situation, evaluate options if you are having trouble paying your mortgage loan, and make a plan to get you help with your mortgage.

HUD stands for the Department of Housing and Urban Development. It’s a government agency that helps people get and maintain quality affordable housing. They train and sponsor housing counselors all over the country. Because of this, you can have confidence that a HUD-approved housing counselor is well equipped to help you understand and evaluate your options.

HUD-approved housing counselors provide foreclosure prevention counseling free of charge. They can also help you talk to your mortgage servicer and understand any options your servicer has offered. A HUD-approved housing counselor can also help you learn about the homebuying process.