Term: Balloon Payment

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A large lump-sum payment of principal that is due at the end of loan term.  

Articles relating to Balloon Payment:  

Fractional Loan Platform
Fractional Loan Platform

Innovation Meets Regulation – Why Fractional Loan Platforms Must Think Like Securities Issuers

Fractional interests in loans, where a single loan is divided into multiple pieces and sold to multiple investors, have become increasingly popular through web-based investment platforms. These platforms make it …

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Understanding Forbearances

Understanding Forbearances

A forbearance is the process of offering borrowers a temporary reduction in the amount they pay on their regular installments or a periodic deferment of mortgage payments. Debtors opting into …

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What You Need to Know about Consumer Bridge Loans

What You Need to Know about Consumer Bridge Loans

Many hard money lenders who make primarily business-purpose loans consider consumer bridge loans as a path to diversify their business while still avoiding some of the most restrictive consumer loan …

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