Family takes a portrait together on the front porch of their home

When it comes to figuring out challenges with housing finances, it’s easier to make healthy financial choices when you have strong options at your fingertips.

Now more than ever, it’s important to seek guidance from knowledgeable, caring experts such as our HUD-certified housing counselors.

The U.S. Department of Housing and Urban Development (HUD) sponsors housing counseling agencies, including GreenPath’s 995 Hope Hotline, to help people get expert, unbiased advice on buying a home, renting, defaults, foreclosures, and credit issues.

Shared here are three reasons why it makes sense to get guidance from HUD-certified housing counselors. 

1 You Receive the Latest Housing Information:

Working with a HUD-approved housing counselor lets you work with an experienced, trained professional who can advise you on the latest programs to prevent foreclosure, buy a home, protect your credit, and other issues. HUD-certified housing counselors go through rigorous training, and stay current with the latest programs available to help homeowners avoid foreclosure. Certified counselors are also trained to help facilitate effective communication with your current loan servicer to explore loan modification options.

As an example, CARES Act mortgage forbearance and other relief options are hitting major timing milestones.  Our HUD-certified housing counselors are up to speed on the latest information related to these relief options, and can help you understand your current forbearance plans, which could turn into foreclosure if a borrower cannot resume payments when the forbearance ends.

2 You Work with a Trusted Agency: 

During this ongoing pandemic, we’ve seen an uptick in the number of HOPE Hotline callers who, in addition to dealing with the stress of possible foreclosure, have been victimized by some type of fraudulent activity. Many callers have been led astray by foreclosure rescue or loan modification scams. When you work with HUD-certified housing counselors, you can have confidence that the focus is on helping you maintain homeownership, while guiding you to make informed financial decisions that withstand financial challenges.

100 percent of our housing counselors have successfully completed the rigorous training program established by HUD, successfully passed the exam, and received full certification. Achieving full compliance before HUD’s original August 2020 certification deadline is a distinction that sets our team apart, and signals to callers that they are dealing with a trusted resource. Currently no other housing counseling agency has embraced certification so broadly and completely.

3 You Get a Full View of your Financial Situation

Our HUD-approved housing counselors are specially trained to provide renters and homeowners with a total view of your financial picture. We work to understand your specific situation, including foreclosure prevention and support, reverse mortgage counseling, home buying counseling and renter resources. In one-on-one counseling sessions, you will understand all your options so you can feel confident and make informed decisions.

What other financial stress is your household facing? Housing counselors will assess an individual’s complete financial situation, help you evaluate the options that pertain to you, make informed housing choices, and develop a customized plan to stay in your home.

Next Steps

Know that you are not alone, and that trusted housing experts are only a phone call away. Our HUD-certified counselors help you begin a conversation about where you are today, and what you need to accomplish your goals.