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Floyd obtained a balloon mortgage but skipped a few payments during the period of the loan. Which of the following is an unlikely option for him once the balloon payment becomes due?
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4 votes
Floyd obtained a balloon mortgage but skipped a few payments during the period of the loan. Which of the following is an unlikely option for him once the balloon payment becomes due?

User Fdellutri
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2 Answers

4 votes

What are the options??


User Hagyn
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6.4k points
4 votes

Refinance the balloon payment ------Apex

User Shawnngtq
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5.4k points
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