Balloon Mortgage
A mortgage loan that demands the remaining principal balance paid at a specific time.

Balloon Payment
The final payment that due at the termination of a balloon mortgage.

Bi-Weekly Mortgage
A mortgage in where you make payments every two weeks instead of once a month. Resulting in quicker loan payoffs.

                                                                                                                                                                                        Block Busting                                                                                                                                                 Techniques real estate agents use to trigger the turnover of white-owned property and homes to African Americans. Often characterized as “panic peddling,”

Bridge Loan
A loan obtained by property purchasers who haven't sold their previous property, but must close on a newly purchased property. The bridge loan is used for the down payment.