A blanket loan is a type of real estate loan that covers all the debt on multiple properties under one loan. This type of loan is usually for commercial properties, but it can be used for residential properties as well. A blanket loan helps cover all the debt on a property, which can be helpful if the borrower has two or more loans on one property.Rental Home Financing Investment Loans
How Blanket Loans Can Help You Save Time & Money
All your loans end up under one mortgage, no more trying to juggle multiple loans. The borrower is only required to pay for their mortgage, taxes, and insurance on their house, which is typically lower than what they would have paid if they were renting the same property.
The Best Blanket Loan Lenders in the Market
Our blanket loans are specifically geared toward income properties and professional investors on a Nationwide. Our underwriting guidelines are “Make Sense” and we are aggressively lending in today’s market. Borrowers and brokers now have the access to an unlimited fund, backed by experienced professionals, eager to lend money on Make sense opportunities.
How to Choose Which Blanket Loan Fits Your Needs?
Our attractive financing options feature no seasoning, reasonable underwriting guidelines, unlimited properties, and unlimited cash-out options.
- Multifamily blanket mortgage loan program highlights include:
- NO Seasoning for cash out
- NO Limits to amount of properties financed
- Foreign National programs
- LTVs up to 75%
- 1.0 – 1.2x DSCR
- Bridge loan financing available
Start Using a Blanket Loan Today to Simplify Your Rental Portfolio
Contact us today about helping you advance your multifamily investment portfolio.