Partial Payments

If the BorrowerBorrowerPerson who is the obligor under the Note. makes a partial payment, within five (5) business days after receipt of the partial payment the ServicerServicerPrimary Person responsible for servicing the Mortgage Loan (e.g.,  the originator, the selling Lender, or a third-party servicer). must send a letter to the BorrowerBorrowerPerson who is the obligor under the Note., under the ServicerServicerPrimary Person responsible for servicing the Mortgage Loan (e.g.,  the originator, the selling Lender, or a third-party servicer).’s letterhead, the Multifamily Partial Payment Letter – Fees (Optional) Assessed (Form 4806).