Azora’s Balloon Payment Policy Overview
Azora allows balloon payments under specific conditions:
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Asset Age: The asset must be no older than 4 years at the time of financing.
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Maximum Balloon: Up to 40% of the asset value for loan terms of 36, 48, and 60 months. This applies to Motor Vehicles and other Category A assets only.
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Exclusions: Balloon payments are not available for borrowers on temporary visas.
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Eligible Purchases: This policy applies to both Dealer and Private Sale purchases.