Partial Claim: EXPLAINED!

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Join Josh Sternberg as he demystifies the concept of a partial claim. Discover how this government program has been instrumental in reducing mortgage debt during the COVID pandemic. If you've faced financial challenges and fallen behind on your mortgage, the government, through the Department of Housing and Urban Development (HUD), can provide funds to bring your loan current or lower your payments. Unlike traditional loans, the government offers a partial claim, which acts as a subordinate lien without interest or fees. While it increases the overall amount owed on your house, you only need to repay the government when your loan matures, the house is sold, or you refinance. To ensure a clear understanding, it's crucial to have an attorney review the partial claim. Don't hesitate to ask your lender about qualifying for this valuable government assistance. Get back on track with your mortgage and find relief with the help of a partial claim. For more information and to have your questions answered, subscribe and leave your comments below. Josh Sternberg from the Sternberg Law Group is here to assist you.

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#sternberglawgroup #foreclosureattorney #mortgageattorney #bankruptcy #loanmodification Disclaimer: The information provided in this video is for general informational purposes only and is not intended to be legal advice. Viewing this video does not create an attorney-client relationship. If you require legal advice, please consult a licensed attorney in your area