When you start looking at loans, all the different options can be confusing. A balloon mortgage is a specific type of home loan that requires you to make a large payment — hence, the name “balloon” — ...

Balloon mortgages are not uncommon when purchasing a single-family home, but here’s what you need to know about the nontraditional route. There are many types of mortgages; however, a balloon mortgage ...

If you’re thinking about purchasing a home, you should get familiar with your mortgage options. Balloon mortgages are not as common as traditional 15-year and 30-year mortgages. However, there are ...

Mention a balloon mortgage, and you might picture a house soaring through the sky, lifted by a bunch of colorful balloons—just like in the movie “Up.” But don’t let the whimsical name fool you—a ...

Nearly one year after the Palisades and Eaton fires, survivors face the possibility of resuming mortgage payments on homes ...

Virtually all commercial real estate loan documents contain a provision providing that if a payment is not timely, a late fee is imposed in connection with that late payment—typically 5% of the amount ...

Whether you finance or lease, you may have the option of a “balloon payment” at the end of the term. A balloon payment on a car is a large payment due at the end of the loan or lease term. Try This: 4 ...