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Partial Claim or Loan Modification?

In the latest Mortgage Forbearance News, attorney Diego G. Mendez, Esq. explains the difference between a partial claim and loan modification. FHA Stand Alone Partial Claim is different than a mortgage modification or a loan modification. At the end of forbearance, most homeowners are given a choice between a partial claim deferral or a loan modification. However, there really is no choice. One is an application and one is a sure thing. Should you chose a loan modification or a partial claim? Watch the video and see if the attorney can help you decide.Show More
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