The refinance boom of the early 2000′s saw the rise of a number of non-conventional mortgage options for homeowners. For most borrowers these mortgages are not the best option. However, depending on your situation, you may benefit from one of these non-conventional loans. One of the simplest, but most often misunderstood is the balloon mortgage.
Entries Tagged as 'Types of mortgages'
Balloon Mortgage Explained
Tags: Mortgage Finance 101 · Types of mortgages