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1 vote
Frank 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?
A. Sell the home
B. Foreclosure
C. Pay balloon payment in full
D. Refinance the balloon payment

2 Answers

5 votes

Answer:D

Explanation:

User Dieki
by
6.4k points
5 votes

Answer

D. Refinance the balloon payment

Explanation:

User Contentop
by
6.0k points