John Koppelmann    CRS, GRI, e-PRO, SRES
John Koppelmann
CRS, GRI, e-PRO, SRES

(574) 583-3171

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 ]