Safer Properties
Michael Bell, Safer PropertiesPhone: (707) 548-1611
Email: [email protected]

Tag: Homebuyers

Posted on 03/21/2021
Is a Balloon Mortgage Right for You?
Image by Jojje from Shutterstock Many people own homes through a mortgage agreement. Traditional mortgages are primarily fully amortized or gradually paid off with regular payments over the lifetime of the loan. Each payment contributes to both the principal and the interest. A balloon mortgage is a short-term home loan with fixed-rate monthly payments that only take care...
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