Balloon Mortgage Articles

What is Balloon Mortgage?
A balloon mortgage is one of the many non-traditional mortgages available. Unlike many other mortgage loans, a balloon mortgage loan does not amortize, or pay itself off ,at the end of the loan term. . At the end of the loan's term, a part of the principal remains and...

Adding a Balloon Payment to an Owner Financed Note
Should you add a balloon mortgage payment to your note? . It can improve the value of the note, so it may not be a bad idea. However, it can be a dangerous decision. Read on to learn how to reduce the risks associated with this type of mortgage note addition.. Any of the factors...