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REBA Real Estate Services

PARTIAL CLAIM

PARTIAL CLAIM
(FHA mortgages only) (Some Freddie Mac Investor loans)

Your REBA Loss Mitigation Specialist may assist you in requesting a partial claim if you qualify. You may be eligible if your loan is 120 to 365 days past due. A partial claim results in placing your past due payments into a subordinate mortgage (2nd mortgage) between you and the Secretary of Housing Urban Development. The partial claim note will require you to start making payments when you pay off the first mortgage. There is no interest. The partial claim can be for no more than 12 months of past due payments. Click here if you want to talk to a REBA Loss Mitigation Specialist about participating in this program.