One of the main issues with that form of mortgage is that people didn't realize, for they were not informed, the payment for the entire house was due in full at

One of the main issues with that form of mortgage is that people didn't realize, for they were not informed, the payment for the entire house was due in full at the end of the run time. It left a lot of people going "Wait, what? I thought I had paid my mortgage for 30 years? what do you mean I need to re-mortgage my house?"