Credit Counseling of Arkansas (CCOA) announced that it will be providing free reverse mortgage counseling to customers starting Jan. 1st, 2010.
CCOA received a $18,000 grant from the US Department of Housing and Urban Development and will be offering counseling at no charge until the funds are exhausted said a company statement.
HECM counseling is available at CCOA offices in Fayetteville and Bentonville, or over the phone.
CCOA is a nonprofit organization that has provided free financial education and counseling in northwest Arkansas and beyond since 1995. The organization has six locations across the state.
Customers looking for more information can go to their website or call (800) 889-4916.