Balloon note

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balloon note

Many commercial real estate loans/mortgages have balloons at the end of the loan term. Lenders can be at considerable risk on these balloons. If the property value has declined
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balloon note - definition of balloon note - A long-term loan, often a mortgage, that has one large payment (the balloon payment) due upon maturity. A balloon note will often have
Balloon-note. A balloon note is a type of long-term loan that defers a large part of the principal payoff until maturity. Balloon notes are characterized by low principal and
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MLA Style "balloon note." Webster's New World Law Dictionary. 2009. Your Dictionary. 18 February 2009 <www.yourdictionary.com/law/balloon-note> APA Style
A long-term loan that has one large payment (the balloon payment) due upon maturity; Often has the advantage of very low interest payments, and smaller installments, thus
Providing financial institutions with lease-like alternatives to traditional auto financing. Offering balloon note financing, residual value financing, and lease look-alike
Enter New Glossary Term: Balloon note. Enter Glossary Term Description: A promissory note with amortization payments scheduled for a long term, usually 30 years, but
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