FHA mortgages only. Some Freddie Mac Investor loans
The agent may assist in requesting a partial claim if you qualify. Eligibility if loans are 120 to 365 days past due. A partial claim is a subordinate mortgage (2nd mortgage) between you and the secretary of housing Urban Development. The partial claim note will commence payment at the maturity date of the first mortgage and carry no interest and will include the past due payments due on the loan. The partial claim will consist of only 12 months of past due payments.
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