Forms to Provide to Housing Counseling Agency (HCA) or Credit Counselor

Forms below are required for submission of clients to HCA or Credit Counselor. E-signatures are acceptable.

Form/Click Button

Form Detail                                                                                                                                  

1.Referring person/loan originator contact info. and referred client info. needed. Checkmark service(s) referred for. Also provide attachments needed if available and method of upfront payment to be check marked. 

 

2.Client acknowledges they have been referred to HCA for Credit Counseling and Financial Education Counseling. Fees are noted and check mark neededfor if loan originator or client will pay upfront fee.     

 

3.The Memorandum of Understanding (MOU) is the cooperation agreement between the HCA and the referring loan originator to provide noted services to client and that the HCA will keep the lender/loan originator informed via email or fax of the client's progress. HCA will not quote interest rates or pricing to the client. The loan originator will provide information to the HCA about loan products and underwriting guidelines to assist the HCA in explaining such products to the client. Form requires who will be paying for the Credit Counseling/Financial Education Counseling: the client or the loan originator. HCA will stay in touch with client in pursuit of preparing for mortgage.The loan originator represents that the crediting of an upfront fee paid by client at the clients mortgage closing shall not result in higher rates, points, or closing costs for the client.   

 

4.Exhibit A is the Consent to Transfer Client Information to Lender, provides the HCA with permission from the client to transfer information to the lender/loan originator named to assist with a mortgage application.     

5. Exhibit B provides client authorization for the HCA counselor to keep the HCA informed and up to date about the clients' status. This also requires the loan originator to provide updated information about the client to the HCA to keep them informed about the client. 

Who Completes

Referring Party/ Loan Originator

Loan Originator

Loan Originator

 

Loan Originator

Loan Originator

Who Signs

Referring Party/ Loan Originator

Client

HCA & Loan Originator

Client

Client

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2020 Clients2Homeowners.com created Feb. 2020 

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