FHA Partial Claim Could Be A Bad Idea. See the shocking numbers! FHA Stand Alone Partial Claim.

End of forbearance brings a time of many choices. Homeowners with FHA mortgages are faced with the choice of taking a FHA Stand Alone Partial Claim AKA Partial Claim. Diego G. Mendez, Esq. explains Partial Claims, if you are eligible for a Partial Claim and (most importantly) if taking a Partial Claim is a good idea. Covid forbearances end on June 30, 2021 and many homeowners with FHA mortgages will have to make a choice whether or not to take a Partial Claim. Watch to see what happens to your mortgage when you take a Partial Claim. You will probably be shocked!

00:00 Introduction
02:32 What is a FHA Stand Alone Partial Claim
03:16 Are you Eligible for a Partial Claim
08:11 The Part You Will Not Like (Is it a good idea?)
10:28 Mortgage Comparison
11:20 Ending Thoughts

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