Is an amortized balloon mortgage loan a bad idea? - Loan Modification - Free Foreclosure Help

Loan Modification - Free Foreclosure Help - Help Stop Foreclosure » Help Stop Foreclosure - Loss Mitigation Help » Help Stop Foreclosure » Is an amortized balloon mortgage loan a bad idea?

Help Stop Foreclosure Chat about everything Mortgage related. our staff are ready to answer any Mortgage questions you may have. All advice is free.

LinkBack

Thread Tools

Display Modes

#1 (permalink)

10-21-2009, 02:51 PM

C J

Junior Member

Join Date: Oct 2009

Posts: 1

Is an amortized balloon mortgage loan a bad idea?

We are trying to use a local credit union and want a 15 year loan. This amortized balloon is what they offer. Just wondering of this is a good idea or should we shop around more?

Thread Tools
Show Printable Version Email this Page
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode

Posting Rules
You may not post new threads You may not post replies You may not post attachments You may not edit your posts vB code is On Smilies are On [IMG] code is On HTML code is Off Trackbacks are On Pingbacks are On Refbacks are On

Contact Us - Short Sale Help - Archive - Top