A blanket loan is the ideal financing tool when you own 2 or more rental doors on residential rental property. Instead of managing multiple individual mortgages, a blanket loan consolidates everything under one note with one monthly payment, giving you streamlined portfolio management and better terms. Our blanket loan program starts at a $500K minimum loan amount.
Our lending matrix below details the full program parameters, including loan amounts from $500K to $25M, fixed rate terms up to 30 years, and full recourse lending with LLC entity structures.
One Payment
Consolidate multiple mortgages into a single blanket loan with one monthly payment and one set of terms.
Up to $25M
Loan amounts from $500K to $25 million cover portfolios of every size, from small investors to large operators.
Entity-Based Lending
All loans close in LLCs or corporations, providing proper legal separation between personal and investment assets.
No Income Verification
Qualification is based on portfolio cash flow -- no W-2, no tax returns, no employment verification.
Lending Matrix for Blanket Loans of 2 or More Rental Doors
The lending matrix below outlines the complete program parameters for our blanket loan product covering 2 or more rental doors on residential rental property (minimum $500K loan amount). This program is designed for real estate investors who want to consolidate multiple properties under a single, streamlined mortgage with competitive fixed rates and flexible terms.
Nationwide Financing
Available across the country except Alaska and North Dakota.
$500K to $25M
Flexible loan amounts to match portfolios of any size, from small investors to large operators.
Entity-Based Lending
All loans close in LLCs or corporations — entity-based lending for proper asset protection.
Core Loan Parameters
Recourse Options by Credit Score
Your credit score directly impacts the maximum loan-to-value ratio available on a recourse blanket loan. Higher credit scores unlock better leverage, letting you keep more capital available for additional investments or reserves.
Credit Score
680+
80% LTVCredit Score
670
70% LTVCredit Score
660
65% LTVGet Your Blanket Loan Quote
Finance 2 or more rental doors under one blanket mortgage ($500K minimum). We offer 5, 10, and 30-year fixed terms with up to 80% LTV nationwide.
Full Recourse Blanket Loan Structure
All of our blanket loan programs are full recourse and close in LLCs or corporations. This entity-based lending structure gives investors proper legal separation between personal and investment assets. Here are the key lending guidelines for all eligible borrowers.
- 650 minimum credit score for US citizens
- LTV based on overall credit and loan profile
- LLC and corporate entity lending available in 48 states
- No personal income verification required — qualifies on portfolio cash flow
Prepayment Penalty Structure
Understanding prepayment penalties is essential when planning your exit strategy. Our blanket loan program uses step-down prepayment penalties that decline each year, giving you a clear, predictable cost structure depending on your investment timeline.
Occupancy Requirements
Minimum occupancy rates vary based on the number of rental doors in your portfolio. Meeting these thresholds is critical for loan qualification and maintaining favorable terms on your blanket mortgage.
10+ Doors
90%
Min. Occupancy
5–9 Doors
80%
Min. Occupancy
Multi-Unit
85%
Min. Occupancy
One loan, one payment, one closing -- blanket mortgages simplify portfolio management at every scale
Fees and Closing Costs
Transparency on fees is one of the hallmarks of our blanket loan program. We keep the fee structure straightforward so you can accurately project your total cost of financing before committing to a loan on your residential rental property portfolio.
Fee Breakdown
- Third-party appraisal fees collected upfront at deposit to submit
- RHF charges 1–2% origination and $1,295–$2,995 underwriting fee at close
- Customary title charges at close
- No application fees
General Underwriting Tips
Loan Assumability
Loan is assumable with lender approval. Assumption fee is the greater of $10K or 1% of the loan amount. This makes your blanket loan a transferable asset that adds value to your portfolio.
Monthly Payment Includes
Monthly payment covers principal, interest, taxes, and insurance (PITI). No monthly capital expenditure (CapEx) reserve escrows are required.
No Income Verification
Qualification is based entirely on the cash flow of the portfolio, not your personal income. This is ideal for self-employed investors and those with complex tax returns who need blanket loan financing for 2 or more rental doors.
Seasoning Period
After 90 days of ownership we lend off appraised value. Under 90 days of ownership we lend off cost basis (purchase price plus rehab costs). This allows quick-turn investors to access financing faster.
Why Choose a Blanket Loan for 2 or More Doors?
Managing multiple individual mortgages for your residential rental property portfolio is time-consuming and expensive. A blanket loan simplifies your financial life by rolling all of your properties into a single loan with one payment, one set of terms, and one closing. Whether you own SFR, townhomes, 2-4 family units, condos, or multi-unit properties, our blanket loan program is built specifically for investors like you.
Ready to consolidate your rental portfolio under one blanket loan? Apply online today or call us at 888-375-7977 to speak with a loan specialist who understands investor financing for 2 or more rental doors on residential rental property.