Home > Personal > Personal Lending > Mortgage > Mortgage Resources > Glossary > Open-end Lease Open-end Lease November 9, 2021 A lease which may involve a balloon payment based on the value of the property when it is returned.You Might Also Like: Living QuartersFirst-Time Homebuyer’s Playbook: 4 Steps to a Successful Offer Everyday MoneyBank Holidays: Understanding Their Impact on Deposits and Transactions Living QuartersMortgage Lending for Veterans at Bank Five Nine All Things CommunityReviewing Random Acts of Kindness 2023 Everyday MoneyWhat are ACH Payments and How Do They Work?