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Blanket Mortgage - Residential Investment Properties
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 a great way to free up locked capital!
Blanket mortgages from DACL are partitioned to allow for investors to sell off individual real estate investment properties.  This gives the residential real estate investor the ultimate in freedom when growing their portfolio.  The blanket mortgage is not just for single family residential investment property either.  A blanket mortgage can be used for multifamily, fractured condominiums, duplex portfolios, quadraplex portfolios and small apartment buildings and apartment complexes.
For real estate investors who have had their hands tied by the current restrictions of Fannie Mae and Freddie Mac underwriting, using a blanket mortgage to free up ... more

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