Topical Terminology > 7-year Balloon Mortgage
2 Definitions
7-Year Balloon Mortgage
For 7-Year Balloon Mortgage we have terms and definitions in 2 topics. The topics are Home Equity and Refinance.
7-year Balloon Mortgage (Home Equity) 
The payment is calculated over a stated term and the balance must be repaid or refinanced at the end of the 7th year.
See more Home Equity Terms ...
7-year Balloon Mortgage (Refinance)
The payment is calculated over a stated term and the balance must be repaid or refinanced at the end of the 7th year.
See more Refinance Terms ...
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