In most cases, the lender will require an individual who has control of or a controlling interest in the borrower to guaranty the loan to the extent of the recourse liability arising from the non-recourse carve-outs.he second type of non-recourse carve-outs includes acts or events that result in recourse liability only to the extent that the lender suffers a loss from such a carve-out event. Examples are: 1  Fraud or misrepresentation, 2  Gross negligence or willful misconduct, 3  Any environmental indemnification,
Quite simply, a balloon payment is a lump sum payment that is attached to a loan. The payment, which has a higher value than your regular repayment charges, can be applied at regular intervals or, as is more usual, at the end of a loan period.
A balloon mortgage is a short-term, fixed rate home loan with fixed monthly payments for a set number of years (usually 5-10) followed by a final payment of the principal.Payments are usually lower with a balloon mortgage because only the interest is paid each month.For example, borrowing $10,000 in a balloon mortgage means that a large payment is due in one lump sum at the end of the term. Note that if you cannot make the final payment or refinance the amount, you can lose your home.ayments are usually lower with a balloon mortgage because only the interest is paid each month. For example, borrowing $10,000 in a balloon mortgage means that a large payment is due in one lump sum at the end of the term.