A Balloon Loan is a mortgage designed to allow borrowers to pay for a fixed period of time a lower interest rate - reducing the monthly payment. At the end of the loan, the borrower is required to pay the principal in a single payment.
For more details, Terry Williams, The Mortgage Doctor, your Balloon Mortgage Expert can discuss with you the pro's and con's of obtaining one of these loans. Fill out our no obligation application and Terry Williams will contact you within 24-hours with more information.
Need more information? Call Terry Williams, The Mortgage Doctor at (402) 301-4500 or start an application today!
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