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 ]

Your Key People in Real Estate


Featured Homes | Lots & Land | Liberty Ridge Estates | Condos | All Local Listings | Nationwide Search | Buyer/Seller Info | Market Analysis | Community Info/Links | City Overview | Weather Report | Local Phone Numbers | Newsletter | Schools | Relocation | Contact Linda | Key Properties,Realtor | Mortgage Calculator | Mortgage Rates | Real Estate News | Local Schools | Home | Extra Button 2

Website design and hosting by iHOUSE ®

Site Admin Menu