Reinstatement and repayment plans follow a forbearance plan.

The most desirable resolution to a delinquency is reinstatement. Reinstatement is the act of restoring a delinquent mortgage to current status.

A repayment plan is when the borrower pays the regular monthly payments plus an additional agreed upon amount in repayment of the delinquency for a period of time.


  • The borrower must have the financial capacity to bring the mortgage current.

What a Servicer Must Do

  • Comply with the requirements and obtain approval of the FHA, VA, RHS or MI.
  • Retain any written agreements in the mortgage file
  • When the Servicer's collection efforts do not result in reinstatement of a delinquent mortgage, the Servicer should consider offering the borrower a relief option.