Common use of Balloon Mortgage Clause in Contracts

Balloon Mortgage. A balloon mortgage that complies with the requirements of Xxxx-Xxxxx and initially amortized for a term of ____ ☐ Months ☐ Years with the remaining principal balance and accrued interest due in full on _______________________, 20____.

Balloon Mortgage. A balloon mortgage that complies with the requirements of the Xxxx-Xxxxx legislation and initially amortized for a term of ____ of: (check one) ☐ ☐ Months ☐ OR Years with the remaining principal balance and accrued interest due in full on _______________________, 20____.. ☐

Balloon Mortgage. A balloon mortgage that complies with the requirements of Xxxx-Xxxxx and initially amortized for a term of ____ ☐ Months ☐ Years with the remaining principal balance and accrued interest due in full on _______________________, 20____ _.