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A balloon payment mortgage makes the best sense for borrowers who are fearful of taking risks when borrowing money. planning on selling their homes before the term of the loan ends. looking to avoid borrowing money from banks. anticipating losing their jobs in the next few years.

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Answer:

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

Explanation:

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A balloon payment mortgage makes the best sense for planning on selling their homes before the term of the loan ends.

What is a balloon payment mortgage?

A balloon payment mortgage is when there is only one payment at the end of the period of the mortgage. When there is a balloon payment mortgage, the mortgages does not ammortize over the life of the mortgage.

A balloon payment mortgage is usually used for commoerical properities. An advantage of a balloon payment mortgage is the lower interest payment that is paid.

To learn more about balloon payment mortgage, please check: https://brainly.com/question/9285857

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