This is not legal advice for your situation*

Balloon Payments Matrix

DocMagic's Compliance Department has prepared a matrix that shows whether each state, including the District of Columbia, allows balloon payments to be made for purchase money first-lien loans, non-purchase money first-lien loans, purchase money junior-lien loans, and non-purchase money junior-lien loans; whether any restrictions apply to balloon payments; and the citations to governing legal authority.

Here is the matrix: Balloon Payments Matrix.

Back to Top



*This article is distributed to provide general information about the subject matter covered and should not be utilized as a substitute for professional advice in specific situations. If you require such advice, please consult with your own professional advisers.


Syndicate content RSS