P Partial Payment
Last updated 2026-08-01
FTC
Updated 2026-08-01
A payment that is less than the scheduled monthly payment on a mortgage loan.
FTC Real Estate Terms
FTC · pp. 12–13
Related terms
Report an issue with this page
Still have questions?
Ask about this page or what may happen next. You will continue in Help — this is general information, not legal or counseling advice.