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Grant obtained a balloon mortgage but was late on 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?
A. Sell the home
O B. Foreclosure
O c. Pay balloon payment in full
O D. Refinance the balloon payment

User Andcoz
by
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1 Answer

11 votes

Answer: Refinance the Ballon Payment

User Brazo
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