Translations for „balloon mortgage“ in the English » German Dictionary

bal·ˈloon mort·gage N Am

balloon mortgage

Balloon-Hypothek f Hypothek, die sich während der Laufzeit nicht vollkommen amortisiert - bei Laufzeitende wird der ausstehende Tilgungsanteil gesamtfällig

Monolingual examples (not verified by PONS Editors)

English

Commercial banks, life insurance companies, and mutual savings banks typically offered 5-year balloon mortgages at a loan-to-value ratio 50%.

en.wikipedia.org

It may lead poorer people to take unsustainable risks to keep up with social norms (think credit card debt and balloon mortgages), leading to economic problems.

politicsofpoverty.oxfamamerica.org

Banks would issue bonds to local investors who would use that money to lend interest-only mortgages (or balloon mortgages) to consumers.

www.salon.com

What's shocking is that the balloon mortgage and the mortgage-backed security are things that we imagine were invented in the last ten years.

www.salon.com