Real Estate Blog – Home Mortgage: The Balloon Loan
Posted on | January 9, 2009 | No Comments
A home mortgage with one larger payment at some point is called a balloon loan. This type of mortgage is usually on a second mortgage. With these mortgage loans, most people will sell or refinance before the balloon payment is due.
See original here:
Real Estate Blog – Home Mortgage: The Balloon Loan
Category: Home Handyman, Home Improvement, Home Renovation
Tags: balloon > before-the-balloon > most-people > one-larger > some-point > these-mortgage > type > will-sell
Tags: balloon > before-the-balloon > most-people > one-larger > some-point > these-mortgage > type > will-sell
Comments
Leave a Reply
Home Renovation News- $4.9 million renovation of Veterans Home proposed - Journal Times$4.9 million renovation of Veterans Home proposedJournal TimesScott Anderson scott.anderson@journaltimes.com Buy this Photo at jtreprints.com DOVER — A $4.9 million renovation of the Wisconsin Veterans Home at Union Grove is in the works to help house more veterans needing full-time care. […]
- Renovation of Housing Council home in Canton begins - WatertownDailyTimes.comRenovation of Housing Council home in Canton beginsWatertownDailyTimes.comBy MARTHA ELLEN CANTON — Renovation of the North Country Housing Council's 19 Main St. headquarters has begun more than a year after the building was gutted due to a mold problem. “To actually have the action in place makes a big difference,” Housing ... […]
- A coming-out for your closet - Edmonton JournalA coming-out for your closetEdmonton JournalShe says Larry was always lovingly indulgent of her passion for footwear and would just chuckle when she came home with another addition to the collection, which now numbers 50 pairs. After he died, she decided to treat herself to the renovation.and more » […]
- $4.9 million renovation of Veterans Home proposed - Journal Times