Housing Counseling in New York State | RethinkingDebt
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Your Home is the biggest investment you'll ever make!

  • Are you behind in payments, trying to avoid foreclosure?
  • Need to access your investment with a reverse mortgage?​
  • Do you need Pre-Purchase Housing Counseling advice?
  • Are you looking for the 1st Time Home Buyer Program?​

    We have Certified Housing Counselors here to help you!

Our Counselor Explains The Importance of Housing Counseling.

She explains the different types of Housing Counseling and the importance of seeking help early whether it is to avoid losing your home, leverage the investment you already have or participate in educational programs to help you get one:​

  • Certified Housing Counselors for expert advice.
  • Assess your full financial picture, formulate a plan.
  • Provide vital information and guidance you need.
  • Early advice can help you preserve or acquire this investment.​

Watch Karyn's information on Housing Couseling Options

Why Should I Talk to a Certified Housing Counselor?​

If you are experiencing any issues managing the finances of your home, don’t hesitate to call us, Some issues are time-sensitive and we want to help you sooner than later! Make protecting or acquiring your biggest investment a Top Priority.
Make an appointment to speak with one of our counselors today!

Non profit organization, helping thousands restore their financial health​

No upfront fee to help you​

You meet with ​certified housing counselors ​in-person or by phone​

We understand foreclosure and keep provide strategies to help you avoid it, if you do not delay.

Success Stories

       Our #1 source of referrals.

Thank you again for taking the time to speak with me today and for helping me to get my life back on track. I can't thank you enough for your support!

Mike J

Frequently Asked Questions

Don't wait. If you are feeling uncomfortable with the situation, your mortgage holder may feel that way too. Call right away for a free consultation. We can review your current situation and do a follow-up with a recommended course of action. The sooner the better.

CCCS has a variety of measures we can recommend you do, depending on your specific situation. We are a trusted agency with many financial institutions and when they know you are working with us, they know you have a commitment to restore your financial position and are more willing to work with you. Your free consultation will give you a better idea of the specific measures we recommend you take.

A Home Equity Conversion Mortgage, also known as a Reverse Mortgage, allows a person 62 or older, who lives in their home at least six months of the year, to convert a portion of the equity in their home into cash without having to sell their home. This is a loan against the equity in the home and does not require a monthly payment. When considering a reverse mortgage, it is important that the homeowner has enough information to make the decision. For example - 

  • Homeowner still owns their home

  • Title and deed stays in home owners name

  • Eliminates the current mortgage/ home equity if there is one

  • Any liens against the property have to be satisfied

  • After any liens have been paid off, the homeowner can use the balance of the funds however they choose. Be careful when spending these funds because you never know when a home repair or update will need to be done or a medical expense will come along. Investing the funds can be risky.

  • The homeowner is still responsible for taxes, insurance and upkeep of the home. If these items fall delinquent, the servicer can call the loan immediately due and payable. •The loan does not require a monthly payment and becomes due when the last surviving spouse is no longer able to live in the home, passes away or the home is sold. Also, if the homeowner defaults on their responsibilities.

  • The home owner will never owe more than the house is worth. There are several options that the homeowner has to receive the additional funds available to them– lump sum, monthly disbursement of a set amount, tenure, or line of credit. Our office offers appointments to discuss eligibility for the reverse mortgage. If you would like to learn more, please give our office a call and a client support representative will be glad to assist you.

Are You A First Time Homebuyer?

Our educational classes can help you learn about credit, budgeting, down payment and affordable mortgage options, realty services, the closing process, avoiding pitfalls and more.

Click Here to Learn More, and Get Started

We are here to help.
Contact us today to get started.

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Call Our Office

Often times a phone call can answer all your questions at the same time. We are always happy to talk to you.

Call (888) 724-2227

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