CENTURY 21 Manley Associates, Inc.
CENTURY 21 Manley Associates, Inc.
(434) 977-7300
Each Office is Independently
Owned and Operated
Serving Charlottesville since 1978


Real Estate Glossary

  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.

 

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