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WichmannS · Joined: 31 Jan 2011 Posts: 1 1.25 Dollars($)

Can the last payment be a balloon? Is it permissible to capitalize the deferred interest?

What kind of disclosures are required by the mortgage loan servicer?

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The last payment can be balloon. As far as the disclosures are concerned, have a word with your attorney and he will be able to help you in this regard.

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If I defer a mortgage payment or two to the end of my loan, what happens to the interest and principal for those payments?

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