Balloon Mortgages: A Flexible Option for Short-Term Plans

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2025-08-30 18:39:39 -

A balloon mortgage can be a smart way to get into a home or investment property without locking yourself into decades of payments. This loan type is especially helpful when the plan is short-term—like living in the home for a few years, flipping the property, or refinancing before a big payment is due. Unlike traditional home loans, a balloon mortgage keeps monthly costs low at the start,...

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