Is it possible to refinance a loan whose term is 30 years, but it has a balloon payment when home is sold or paid off?

Would need to know more about your situation, but yes you can do a refinance as long as you are able to qualify. I am happy to help. Kay 720-670-0124

I'm not sure I understand your question.. Most all loans are due and payable if the property is sold... if you pay it off, you pay it off.. there is no balloon payment.. If you purchased your home with a grant program, then it's possible that the grant would be called due and payable if you refinanced, but again, we really need more info to address your specific scenario. I'm a preferred Lender with California and Arizona being my primary markets. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com NMLS# 226347 / RPM Mortgage NMLS 1541014 / AZMB0121893