A home is usually the most valuable asset for a family. The home for many people symbolizes the juncture in life, when they have ‘settled’ and established themselves financially. The possession of a home is often an indicator to many lenders that the borrower is financially sound and … [Read more...]
Balloon Loan
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Balloon Loan Loans that do not amortize completely over their own maturity term. The outstanding principal at maturity is repaid through a balloon payment. … [Read more...]
