Reverse Mortgage Counseling Fees

There are several reverse mortgage counseling agencies to choose from these days.  Each homeowner is free to choose from any of the multitude of counselors out there.  Some of them will charge a fee for their service ranging from $89 - $125, and some will allow that fee to either be paid up front or financed into the reverse mortgage loan.  Every now and then there is an agency that will offer free counseling by way of Government grants they receive.  Recently the National Council of Aging reduced their counseling fee from $125 to $90.  Read the full explanation at:  http://reversemortgagedaily.com/2013/07/09/ncoa-lowers-fees-for-reverse-mortgage-counseling/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+ReverseMortgageDaily+%28Reverse+Mortgage+Daily%29

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