Housing Counseling
ClearPoint Financial Solutions (dba ClearPoint Credit Counseling Solutions) is a United States Department of Housing and Urban Development (HUD)-approved housing counseling service. Our housing specialists provide counseling in-person at our branch locations and nationwide over the telephone.
Home pre-purchase counseling
By gathering your budget information and credit report, we can help you determine if you are in a position to buy a new home and, if so, how much you realistically can afford for a mortgage payment. Our credit counselors will also assist you to compare financing and down payment options, and to understand the home-buying process. More on pre-purchase counseling.
Mortgage default counseling
Our housing counselors will take a look at your income and expenses and see how likely you are to qualify for a loan modification, and, if obtaining one would actual be best depending on your overall financial situation. We will also provide you a description of possible options to foreclosure. In our Level 2 housing counseling, we’ll assist you in working directly with your mortgage holder. Read more about mortgage default counseling.
Reverse mortgage counseling
ClearPoint’s reverse mortgage counselors counsel seniors interested in tapping their home equity about the eligibility requirements, financial implications of the loan, the cost, and possible alternatives to obtaining a reverse mortgage.
The only reverse mortgage insured by the U.S. Federal Government is called a Home Equity Conversion Mortgage (known as HECM), and is only available through an FHA-approved lender. ClearPoint’s housing counselors provide the reverse mortgage counseling required by the government to obtain the loan.
Learn more about reverse mortgage counseling.
Other housing services
Call ClearPoint at 1.877.422.9040 to schedule your housing counseling session.
