Guidance for HECM Certified Housing Counselors

HUD’s Office of Housing Counseling announced that the Home Equity Conversion Mortgage (HECM) Client Budget and Resources Identity Tool (CBRIT) is no longer available.

To continue providing quality counseling that is compliant with HUD Handbook 7610.1, HUD HECM certified housing counselors may utilize other calculation tools so long as their selected tools allow them to meet statutory and regulatory counseling requirements and policies.

Counselors may use, for example, the budget creation tools they use for other types of counseling and can refer to state and local government websites, such as Area Agencies on Aging, for available resources for clients.
Please direct questions to your HUD Point of Contact (POC) or housing.counseling@hud.gov.
Learn more about HUD’s HECM housing counseling program.

This action is being taken due to the DOGE’s cancellation of the CBRIT tool contract. A waiver has also been approved.

Published by

Darryl Hicks

Darryl Hicks is Vice President of Communications for the National Reverse Mortgage Lenders Association. In this capacity, Hicks writes for NRMLA's publications, manages the association's web sites and social media accounts, assists committees and the Board of Directors, and manages the Certified Reverse Mortgage Professional designation. Prior to joining NRMLA in 1999, Hicks spent three years in the Washington, D.C. bureau for National Mortgage News. View all posts by Darryl Hicks