asked 189k views
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:

answered
User Dieki
by
8.5k points
5 votes

Answer

D. Refinance the balloon payment

Explanation:

answered
User Contentop
by
8.0k points
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