This is a courtesy letter to remind borrowers that their mortgage is ballooning soon.
CUSTOMIZING THE BALLOON NOTICE TEMPLATE
You can customize some of the text of the Balloon Notice. Row 37 includes the following text to amend:
If you need to find other financing to make this balloon payment please begin looking for another lender immediately. It may be possible that we can extend the terms of your mortgage with us.
You may contact us at the email address or phone number above if you wish us to consider extending your loan, or if you have any questions concerning this final balloon payment or its due date.
Simply click in the cell to edit. Click on Row 37 in the far left bar and drag it up or down to change the row height.
To add a blank line, press the alt+enter keys together whilst editing the cell.