Robert Dillon
Robert Dillon
(916)716-9480
Security Pacific Real Estate Brokerage

  SACRAMENTO BANK REPO EXPERT


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 ]