Tag: can you refinance a balloon mortgage

  • A Balloon Mortgage:9 Things You Should Do Before Applying For

    A balloon mortgage - ebonydirectory.com

    A Balloon Mortgage:9 Things You Should Do Before Applying For . A balloon mortgage is a short-term mortgage that usually has only about five to seven years. It works similar to a fixed rate mortgage when you make monthly payments but at the end of the term, the final payment is much larger than the other payments to pay off the balance of the loan.