|
All agents are NOT alike! Find out why I am a top real estate expert. Call me: 973-479-2899.
|
Sign Up For My eNewsletter, FREE!
There are always important changes happening in the real estate market, locally and nationally. These changes can affect YOU.
Find Out More >
View All Offers >
|
 Compare
three mortgages at one time. Download TripleCalc now. It's
free. |
|
|
|
Welcome - Get the best real estate listings & homes for sale, expert advice, local info, and much more from Robert Kohl, a proven Roxbury, Byram Township, Hackettstown and Mount Olive, New Jersey NUMBER1EXPERT™ Top Selling real estate agent. Find Roxbury, Byram Township, Hackettstown and Mount Olive Homes - Find Roxbury, Byram Township, Hackettstown and Mount Olive, New Jersey real estate listings & homes for sale provided by Robert Kohl, your local expert real estate agent. For Home Buyers - Get home buying information, the latest listings, mortgage informaiton, expert advice, and much more from Robert Kohl, a proven Roxbury, Byram Township, Hackettstown and Mount Olive, New Jersey NUMBER1EXPERT™ Top Selling real estate agent. For Home Sellers - Get home selling information, fsbo information, expert advice, find out what your home and other homes in your neighborhood are selling for, and much more from Robert Kohl, a proven Roxbury, Byram Township, Hackettstown and Mount Olive, New Jersey NUMBER1EXPERT™ Top Selling real estate agent. Roxbury, Byram Township, Hackettstown and Mount Olive Information - Find local information on Roxbury, Byram Township, Hackettstown and Mount Olive, New Jersey including schools reports, local maps and links, things to do, area photos, and relocation information. Local information provided by Robert Kohl, a proven NUMBER1EXPERT™ Top Selling real estate agent. Real Estate Resources - Find real estate related resources including real estate news, tips, dictionary, trivia, mortgage calculators and information, local real estate related services, and much more from Robert Kohl, a proven Roxbury, Byram Township, Hackettstown and Mount Olive, New Jersey NUMBER1EXPERT™ Top Selling real estate agent. About Robert Kohl - Information about Robert Kohl including testimonials, guarantees, credentials, and contact information. Learn why Robert Kohl is a proven Roxbury, Byram Township, Hackettstown and Mount Olive, New Jersey NUMBER1EXPERT™ Top Selling real estate agent. 
Please Sign Up For The Latest Listings and the Latest Real Estate News
Financing Your Home >Balloon Mortgages
In loan terminology a "balloon" is the unpaid loan balance that must be paid in full on a specified due date. Federal savings and loan associations are permitted to make balloon mortgages with as little as five percent down and monthly payments that are smaller than the amount needed to fully amortize the debt. On the due date, which may be only a few years after the loan was made, the balance must be paid off or the loan must be renegotiated. Balloon borrowers must be cautious and plan carefully to avoid overlooking balloon payment obligations. It is easy to be lulled into complacency by the easy monthly payment terms.
Today's complex economics have produced a wide variety of options for potential borrowers, who are often surprised by how much house they can afford to buy. Loan approval is ultimately in the lender's hands, but your real estate agent can help you to determine your real buying power.
|
NUMBER1EXPERT®
© Best Image Marketing and/or its clients.
All rights reserved. All information deemed reliable but not guaranteed.
|
- NUMBER1EXPERT™ 
