Blanket Mortgage
Blanket Mortgage
A Blanket Loan is a unique mortgage option that covers 3 to 25 properties under one loan. This type of loan offers the flexibility of interest-only payments, making it an attractive choice for investors looking to maximize cash flow.
One of the key benefits of a Blanket Loan is the ability to use Debt-Service Coverage Ratio (DSCR) income to calculate ratios, rather than relying on personal income. This can be particularly advantageous for investors with multiple properties or those who may not have traditional income documentation.
- 3-25 Properties
- Purchase
- Cash-out refinance
- DSCR calculations
- Max loan amount $3 million
- No personal income required
In addition to purchase and rate-term refinancing options, Blanket Loans also offer the possibility of cash-out refinancing. This means that you can access the equity in your properties to fund other investments or expenses.
At NonQMfunding.com, we specialize in providing Blanket Loans to investors looking to expand their real estate portfolios. Our team of experts can help you navigate the application process and find the best loan option for your specific needs.
With a Blanket Loan from NonQMfunding.com, you can streamline your financing and take advantage of the benefits of multiple property ownership. Contact us today to learn more about how a Blanket Loan can help you achieve your real estate investment goals.