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Balloon Loan
(redirected from Balloon Loans)

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Balloon Loan
A loan or bond in which the borrower makes only interest payments for a set period of time. At the end of the term, the borrower repays the entire principal at once. A balloon loan may be useful when the borrower expects interest rates to be low at the end of the term, allowing him/her simply to refinance the loan. However, there is a high risk of default because not all borrowers actually have the cash to repay an entire loan in one payment. See also: Balloon Mortgage.
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Balloon loans for people with bad credit are becoming more popular at financial institutions in the United States as an alternative to leasing, especially in places where a property tax is levied on leased products.
Save Your Future with Loans for People with Bad Credit by Ask Bill / Banking, finance and accounting community
Balloon Mortgages Unlike amortized mortgages, balloon loans carry a lot of risks for Miami commercial real estate property buyers.
Miami Commercial Real Estate Mortgage Types by Mark Michael Ferrer / Real estate industry community
During nonconventional times, such as what we are currently experiencing, nonconventional auto financing, balloon loans and leasing can provide unprecedented opportunity along with reduced risk.
Nonconventional auto financing offers opportunity without extra risk by Jacobson, David / Credit Union Times
 
 
 
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