a balloon payment mortgage makes the best sense for borrowers who are\nfearful of taking risks when…

a balloon payment mortgage makes the best sense for borrowers who are\nfearful of taking risks when borrowing money.\nplanning on selling their homes before the term of the loan ends.\nlooking to avoid borrowing money from banks.\nanticipating losing their jobs in the next few years.

a balloon payment mortgage makes the best sense for borrowers who are\nfearful of taking risks when borrowing money.\nplanning on selling their homes before the term of the loan ends.\nlooking to avoid borrowing money from banks.\nanticipating losing their jobs in the next few years.

Answer

Answer:

B. planning on selling their homes before the term of the loan ends.

Brief Explanation:

A balloon - payment mortgage has a large final payment. If a borrower plans to sell before the loan term ends, they can use the home - sale proceeds to cover the balloon payment, making it a good option for them.