Resources Directory For Mortgage Information

A balloon mortgage is that it has a level monthly payments of principal and interest that do not fully amortize the loans. The balance is due in a lump sum payment at a specified date, usually at the end of the term. A mortgage that has level monthly payments that will only authorize it over a stated the term that provides for the lump sum payment to be due at the end of an earlier specified term.This is also a mortgage that sums up the payments in a preceding payment and pays the loan to it's fullest. A balloon mortgage is also a mortgage that is authorized for a loan repayment period but at the end of a specific period. The balance of the mortgage comes due. Plus a balloon payment needs to also be made you cant just receive it like that.



Cash out mortgage

Home equity line of credit

Home equity mortgage

What is an FHA mortgage

Adjustable rate mortgage

VA mortgage

Balloon mortgage

Interest only mortgage

Fixed rate mortgage


Refinancing work


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