residential portfolio: Blanket Mortgage - Residential Investment Properties - 04/09/15 01:59 AM
Blanket Mortgage
Blanket mortgage - a partitioned loan specifically designed to allow a single loan collateralized by a portfolio of properties.  With a residential blanket mortgage for residential investment portfolios real estate investors that want to purchase more than 4 properties can use a blanket mortgage to grow their business.
A blanket mortgage from Dividend America Commercial Lending can be used to pull cash out of an existing residential investment property portfolio, to consolidate debt and refinance or to purchase a portfolio of residential investment properties.  With rates as low as 5.5 - 7.75% and amortization terms out to 25 years, these loans are … (0 comments)