NOTE: The HECM exam was last updated November 28, 2011.
This exam is required under HUD Rule FR-4989-F-402 which established standards to qualify individuals as counselors to provide HECM counseling to prospective borrowers. This is a challenging exam designed to ensure that knowledgeable, well-informed counselors are providing services to senior homeowners. Extensive preparation is required.
Key Facts about the HECM Exam:
- Fee: $100 (additional fees for rescheduled or missed exams)
- Payment: Online via credit card only.
- Exam Locations: Exams are only held at proctored testing centers. These sites are located within 50 miles of 95% of the U.S. population.
- Passing Score: A qualifying score of 80 or more on this exam will make you eligible for the HUD HECM Roster.
- View detailed instructions on registering for and scheduling your exam in our Exam Guide.