Cape Cod Buyer/Seller Info

  Balloon Mortgage

A mortgage that has level monthly payments that will amortize it over a stated term but that provides for a lump sum payment to be due at the end of an earlier specified term.

 

[ Back To Real Estate Glossary ]

Caron Bates -


Cape Cod Listings | Buyer/Seller Info | Local Photos & Links | Contact Caron | Home

Website design and hosting by iHOUSE ®

Site Admin Menu