Financial Hardship

How the FHA Partial Claim Option Can Save Homeowners from Foreclosure

If you’re a homeowner facing foreclosure, you may be feeling overwhelmed and unsure of what to do. Fortunately, the Federal Housing Administration (FHA) offers a partial claim option that can help borrowers struggling to repay their mortgages. This program is designed to provide up to 25 percent of the unpaid principal balance on the mortgage, plus interest and escrow advances, directly to the lender in...

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