Mortgage counseling is a great option if you're thinking of purchasing a house. A counselor can assist you overcome the obstacles that may keep you from getting an mortgage loan. He or she can assist you determine which down payment assistance programs are available in your area and which loans you can qualify for. It is also important to know that counselors don't give home-price recommendations. Counselors are there to assist you understand your financial situation. Get more information about Homebuying Process While some lenders offer mortgage counseling for free however, some charge a fee. Although the counseling is usually free, there are some that require a fee between $25 and $75. Counseling costs vary but the benefits exceed the cost. The fees are typically paid during the counseling session. Mortgage counseling is a great option to avoid foreclosure or minimize the damage it does to your credit score. Here's how you can choose the right option. A housing counselor ...