Allentown Mortgage Corporation

Home mortgage lenders & realtors in Pennsylvania specialize in Allentown mortgages, refinancing & in finding Allentown homes for sale.

Allentown Mortgage Corp
High quality mortgage and tailored real estate programs

610-434-5222

2067 Walbert Ave
Allentown, PA 18104
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Balloon Mortgages

February 19, 2015 By admin

Allentown Mortgage Corp offers balloon mortgage programs designed to fit your current financial needs.

Balloon mortgages are home loans that typically last for shorter periods of time, most are between 3 to 10 years, and these types of loans allow the borrower to pay lower monthly payments and interest rates. Often, when the loan period has ended, the home owner is required to pay the remaining balance in full. The final payment is called a balloon payment because of its large size. Because borrowers may not have the resources to make the balloon payment at the end of the loan term, lenders may convert the home loan to a fixed or adjustable rate mortgage.

Contact Allentown Mortgage Corp to discuss your best home loan options by calling .

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2067 Walbert Ave, Allentown, PA 18104   |   Phone: 610-434-5222   |   Fax: 610-434-1530   |   Email: kevin@allentownmortgage.com

Company NMLS # 103917   |   Loan Officers: Kevin McElwain NMLS # 134388   &   Dirk Postupack NMLS # 144642

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