We are going to provide the Homeownership Counseling Notice in our loan packets which is all handed to applicants at the application stage and consists of all of the early disclosures.
If the loan will be a HCML, they will be required to go through the counseling. When we provide our GFE, we do not list any service providers they can shop from for their settlement services. We are a small community and have, in most cases, only one provider of the services. However, since the Counseling Notice is going to list ten counselors, do we now have to provide a separate sheet of paper with the counseling providers and provide it again with the GFE?
We have never provided a written list of providers with the GFE before but will we need to now to include the Counselors?