Don’t pay for housing counseling! It’s free!

Why turn to expensive loan modification companies when you can get free trusted assistance from HUD-approved housing counseling agencies? Here’s a side-by-side comparison.

  Service Loan Modification Companies HUD-approved Housing Counseling Agencies
Fee $1,500-$4,000 FREE
Contact Generally limited to phone contact Local face-to-face contact
Services Loan modifications submission Comprehensive housing counseling, including any and all workout options available to prevent foreclosure
Lender Partnerships No established partnerships Nationally established partnerships with all major lenders
Training No standardized training required for Foreclosure Prevention Nationally standardized training certifications, HUD-required protocols and procedures
Counselors – Average Years in Foreclosure Prevention Industry 1-2 years 7-8 years
U.S. Government Endorsement No support or endorsement on a national level and no national licensing requirements Every HUD-approved agency is subject to a standardized bi-annual review and audit by HUD representatives

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