Dictionary
Thesaurus
Encyclopedia
Translator
Web
Related Searches
Nearby Words

bullet loan

 - 1 dictionary result
LendingTree Official Site
$200,000 for $1,059/Month, Fixed! When Banks Compete, You Win®
www.LendingTree.com
5/1 ARM 3.625% APR
$350,000 at $1,596.18/mo for 5 yrs No prepayment penalty. Apply Online
www.fremontbank.com
30yr Fixed at 4.375%
4.55% APR. Direct lender. 1.25 pts Call (877)858-5990 for details
www.IPLmortgage.com
Financial Dictionary

Bullet Loan

Any loan that requires a balloon payment at the end of the term and anticipates that the loan will be refinanced in order to meet the balloon payment obligation.

Investopedia Commentary

These loans are riskier because the homeowner's equity in the property doesn't increase over time.

Related Links

100% Mortgages: The Low Down On No Money Down
Mortgages: The ABCs Of Refinancing
Paying Off Your Mortgage

See also: Amortization, Bullet Bond, Bullet GIC, Bullet Repayment

Investopedia.com. Copyright © 1999-2005 - All rights reserved. Owned and Operated by Investopedia Inc.
Cite This Source
LendingTree Official Site
$200,000 for $1,059/Month, Fixed! When Banks Compete, You Win®
www.LendingTree.com
5/1 ARM 3.625% APR
$350,000 at $1,596.18/mo for 5 yrs No prepayment penalty. Apply Online
www.fremontbank.com
Search another word or see bullet loan on Thesaurus | Reference
30yr Fixed at 4.375%
4.55% APR. Direct lender. 1.25 pts Call (877)858-5990 for details
www.IPLmortgage.com
American General
Over 1200 Branches Nationwide Personal Loans up to $10,000.
www.agfinance.com
$500-$1500 Cash Advances
Get Cash Wired To You In 1 Hour! No Fax, No Credit Check, Apply Now.
1-Hour-Cash-Advances.com
FacebookTwitterFollow us:
Partner Sites:
Ask AnswersEviteExpediaHotelsHotwireLife123LiveDailyMy Way