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.

 

[ Back To Real Estate Glossary ]

Each Office is Independently Owned and Operated.


Search MLS Properties | Company Listings-Homes | Relocation | Contact Us | Corporate Website | Home | Our Agents

Website design and hosting by iHOUSE ®

Site Admin Menu