Credit Counseling of Arkansas (CCOA) announced that it will be providing free reverse mortgage counseling to customers as of today.
An $18,000 federal government grant from the U.S. Department of Housing and Urban Development (HUD) will allow CCOA to provide free reverse mortgage / Home Equiy Conversion Mortgage (HECM) counseling (normally $125 per session) until the funds are exhausted.
The counseling is available at CCOA offices in Fayetteville and Bentonville, or over the phone. Sessions take about an hour, and clients simply seeking more information are welcome.
CCOA is a non-profit organization that has been providing Arkansas with free financial education, seminars, credit report reviews, debt management programs, and budget, credit, housing and bankruptcy counseling since 1995. The organization has six locations across the state.
Customers looking for more information can click here to visit their website, or call (800) 889-4916.
If you are ready, start a HECM Application now.