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Low monthly payments, short terms
and big savings
If you plan on selling your home in less than 5 years, then a Spencer balloon mortgage will give you the financing you need and very low monthly payments.
Borrowers only pay part of the loan over a specified period of time, with the balance due in a lump sum at the end of the balloon term.
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Equal Housing Lender | Member FDIC | Spencer Savings Bank | Subject property must be in New Jersey