Summary of Homeownership Education and Housing Counseling Options
|Homeownership Education||Housing Counseling|
||HUD-approved Counseling Agency|
|Method of Delivery||On-line if provided by Framework, or any method offered by provider
||In person, telephonic or video conferencing per HUD standards|
|Date Required for Completion||Prior to loan closing||Prior to execution of the sales contract|
||Certificate of Completion of Housing Counseling (Fannie Mae Form 1017), signed by both the counseling recipient and the HUD counselor.|
For additional information, see B2-2-06, Homeownership Education and Housing Counseling.