The HomeSeeker Lender Guidelines have been revised to provide clarification that any fees incurred for housing counseling are the responsibility of the borrower not the lender:
Section: Housing Counseling, page 2 of the HomeSeeker Lender Guidelines
- "All Borrowers must receive housing counseling through a HUD approved housing counseling agency. Once completed, a Homebuyer Education Certificate is issued to the Borrower. This certificate is required in the loan closing package. HUD counseling agencies may charge a reasonable and customary fee to provide homebuyer education. All counseling fees are the responsibility of the Borrower. To find a HUD approved counseling agency visit HUD.gov, enter 'NJ Housing Counselors' in the search box and you will be directed to the list."
Please share this information with your appropriate staff.