Blanket Loans

PrivateLend.com is a remarkable platform that provides a convenient solution for borrowers who own multiple properties and are looking to streamline their mortgage process. With their innovative Blanket Mortgage program, PrivateLend.com offers a hassle-free way for borrowers to obtain one mortgage by utilizing multiple properties as collateral.

The Blanket Mortgage program offered by PrivateLend.com is specifically designed to cater to the needs of borrowers who have a diverse portfolio of properties. This program allows borrowers to consolidate their mortgages into a single loan, simplifying their financial management and reducing the administrative burden associated with multiple mortgages.

One of the key advantages of PrivateLend.com’s Blanket Mortgage program is the flexibility it offers. Borrowers can finance up to a certain percentage of the combined value of their properties, allowing them to unlock the equity tied up in their real estate holdings. This can be particularly beneficial for borrowers who are looking to invest in additional properties or undertake renovations or improvements on their existing properties.

Specific Underwriting Guidelines:

  • Purchase/Rate & term refinance max LTV is 70%
  • Borrower must demonstrate operational expertise of management of multiple properties

PrivateLend.com understands that each borrower’s situation is unique, and their team of experienced mortgage professionals works closely with borrowers to tailor the Blanket Mortgage program to their specific needs. They take into account factors such as the value of the properties, the borrower’s creditworthiness, and their overall financial goals to determine the most suitable mortgage solution.

In addition to the convenience and flexibility offered by the Blanket Mortgage program, PrivateLend.com also provides competitive interest rates and favorable loan terms. Their commitment to customer satisfaction is evident in their transparent and straightforward application process, ensuring that borrowers can access the financing they need quickly and efficiently.

PrivateLend.com’s Blanket Mortgage program is an excellent option for borrowers who own multiple properties and are seeking a simplified and efficient mortgage solution. With their expertise in the industry and dedication to customer service, PrivateLend.com is a trusted partner for borrowers looking to navigate the non-traditional way of obtaining mortgage financing.

Contact us to learn more about Blanket Loans.

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Call us at (800) 532-2430