Top Mortgage Loans "Get a Free Quote"
- Home :
- Mortgages :
- Calculators :
- Free Credit Report :
- News :
- Today's Rates :
- Articles & News :
- Partner Sites :
Balloon Loans
A ballon loan is a short-term fixed-rate loan with low payments for a set number of years and one large final balloon payment of the remainder of the principal. This type of loan is a partially amortized loan.
The advantage of this type of loan is that the interest rate on balloon loans is generally lower that 30 year and 15 year mortgages, which results in lower monthly house payments. The disadvantage is that at the end of the term you will have to come up with a lump sum of money to pay off your lender. It is presumed that if the payments are made promptly, the lender will extend the balloon payment another limited term. However, the lender is not legally obligated to gran an extension.
| |
||
 |
Home Equity Loans |
|
|
Home Refinance Loans | |
|
Debt Consolidation Loan | |
|
Home Purchase Loan | |
|
Home Improvements | |
Mortgage Companies
-
Lowermybills.com
Mortgage Rates Hit Record Lows! Refinance & Save $1000s. -
ING DIRECT Orange Mortgage
Great Rates. Easy Online Application. - Save
on your mortgage rates today with LowCostLending!
- Shearson
Mortgage
Bad credit? Good credit? No income documentation? For the lowest mortgage rates, Apply Now. Updated daily!
Types of Mortgages + Mortgage Calculators + Credit Report + News + Resources + Todays Rates + About Us + Link To Us + Contact Us + Submit Article + Privacy Statement + Partner Sites + Terms of Use + Site Map + Mortgage + Resources
States
Alabama + Alaska
+ Arizona + Arkansas
+ California + Colorado
+ Connecticut + Delaware
+ Florida Georgia
+ Hawaii + Idaho
+ Illinois + Indiana
+ Iowa + Kansas
+ Kentucky + Louisiana
Massachusetts + Maine
+ Maryland + Michigan
+ Minnesota + Mississippi
+ Missouri + Nebraska
Nevada + New
Hampshire + New Jersey + New
Mexico + New York + North
Carolina + North Dakota
Ohio + Oklahoma
+ Oregon + Pennsylvania
+ Rhode Island + South
Carolina + South Dakota
Tennessee + Texas
+ Utah + Vermont
+ Virginia + Washington
+ West Virginia + Wisconsin
Wyoming + Maine
+ Maryland + Michigan
+ Minnesota + Mississippi
+ Missouri + Nebraska
+ Nevada
New Hampshire + New
Jersey + New Mexico + New
York + North Carolina + North
Dakota + Ohio
Oklahoma + Oregon
+ Pennsylvania + Rhode
Island + South Carolina + South
Dakota + Tennessee
Texas + Utah + Vermont
+ Virginia + Washington
+ West Virginia + Wisconsin
+ Wyoming
Cities
Atlanta + Chicago + Dallas + Houston + Las Vegas + Long Beach + Miami + Midland + Riverside + San Diego + Seattle + Washington
Cities
Atlanta + Chicago + Dallas + Houston + Las Vegas + Long Beach + Miami + Midland + Riverside + San Diego + Seattle + Washington
Mortgage Tools
- Types of Mortgages
- Mortgage Calculators
- Free Credit Report
- News and Headlines
- Todays Rates
- Mortgage Resources
Search
Get a Free Quote
- New
Home
- Refinance
- Equity
Loan
- Vacation
Home
- Second
Home
- Mortgage
Loan
- Home
Improvement
- Debt
Consolidation
Top Mortgage Loans
Mortgage