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Balloon Mortgage
A balloon mortgage, which is amortized for a longer period than the term of the loan. Usually this applies to a thirty-year amortization and a five-year term. At the end of the loan's term, the remaining outstanding principal on the loan is due. This remaining payment is known as balloon payment.
Reach us at:
Toll Free: 1-866-952-9808
Main Telephone: 808-952-9808 Fax: 808-952-9806
License #MB-1156
Email: info@808homemortgage.com
Main Telephone: 808-952-9808 Fax: 808-952-9806
License #MB-1156
Email: info@808homemortgage.com