Balloon Notice Template
You can print a courtesy letter to remind borrowers that their mortgage is ballooning soon.
The text below can also be edited and customized for your needs in the template:
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.