SPRINGFIELD, Ill. – To help homeowners that have fallen behind on mortgage payments, state Rep. Jaime Andrade, D-Chicago, is sponsoring legislation that would make it easier for residents that are behind on their mortgage to make partial payments.

“With many working families struggling to get by, any relief we can provide can go a long way,” Andrade said. “If folks are able to make partial payments, they can get on a path toward being current on their mortgage.”

Andrade’s proposal, House Bill 2965, requires banks and other mortgage lenders to accept a one-month payment if an individual is more than one-month behind on their payments. Andrade recently advanced the proposal out of the Financial Institutions Committee.

“A resident came into my district office explaining that her lender was refusing to accept partial payments on her mortgage, causing her to fall behind more and more,” Andrade said. “The goal of this proposal is to help keep folks in their home by allowing them to make payments they can afford and keep them from falling further behind on their payments.”

House Bill 2965 is currently awaiting further consideration in the House.

Rep Jaime AndradeRep Jaime Andrade

40th District

Visit Rep Jaime Andrade website

Springfield Office:
260-W Stratton Office Building
Springfield, IL 62706
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District Office:
3657 N. Kedzie
Chicago, IL 60618
(773) 267-2880
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