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.
In a balloon mortgage, the payment is due within a specified period of time that is usually no less than one year and no more than five years. Make monthly payments on a balloon mortgage with tips from a licensed mortgage broker in this free video on personal finance and real estate.alloon mortgage is just like a regular mortgage except the main difference is that a balloon mortgage is all do, that's the amount of the loan the principle all due within a specified period of time usually no less than a year and no more than five years. The payment on your balloon mortgage is the same.