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59 Samoset St Plymouth, MA 02360

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Balloon Mortgage

A mortgage loan that requires the remaining principal balance be paid at a specific point in time. For example, a loan may be amortized as if it would be paid over a thirty year period, but requires that at the end of the tenth year the entire remaining balance must be paid.

Related Articles:
  • Glossary: Balloon Payment
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Karen Morley Real Estate Logo

508-747-1066 | karen@karenmorleyrealestate.com
59 Samoset St., Plymouth, MA 02360

Best of Hull Award

Karen Morley Real Estate has been selected for the 2020 Best of Hull Award in the Real Estate category by the Hull Award Program.

Proud Member of:

Mass Association of Realtors

Mass Association of Realtors

National Association of Realtors

National Association of Realtors

MLS Property Information Network

MLS Property Information Network

Hull Chamber of Commerce

Hull Chamber of Commerce

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