borrowers taking a balloon payment mortgage most likely\no plan to rent out their homes.\no must repay the…

Brief Explanations:

A balloon - payment mortgage is a type of loan where a large portion of the principal is paid off at the end of the loan term. Typically, these loans have relatively short terms (commonly 5 - 10 years) compared to traditional 30 - year mortgages. Renting out a home is not the defining characteristic of balloon - payment mortgages. Borrowers who take balloon - payment mortgages do accept risk (if they can't make the balloon payment, they may face foreclosure). And they don't remain in their homes for 30 years or more as the loan term is much shorter.

Answer:

must repay the loan in five to ten years.