Portfolio and Blanket Loans for Rental Property Owners
Business Purpose Lending

One loan. Many doors.

A blanket loan finances multiple properties under a single mortgage, with one closing, one payment, and one set of documents. For an investor holding five or fifteen rentals across separate loans, consolidating is often the difference between managing a portfolio and being managed by it.

How it works

Portfolio and Blanket Loans, step by step.

  1. Underwrite the pool. The lender looks at combined rents against combined debt service, so a strong property can carry a weaker one in a way separate loans never allow.
  2. Cross-collateralize. All properties secure the loan together. That is the source of the flexibility and also the main risk to understand going in.
  3. Negotiate release provisions. If you plan to sell individual properties, the release clause governs what happens. Get this right before closing, not after.
  4. Consolidate the paperwork. One appraisal order, one title process, one closing. The administrative savings on a ten-property portfolio are not small.
At a glance
StructureSingle loan secured by multiple properties
Minimum propertiesProgram dependent, commonly two or more
Qualifies onCombined portfolio income
CollateralCross-collateralized
Release clauseNegotiated, governs individual sales
VestingEntity required on most programs

The release provision is the clause that matters most and gets the least attention. If you might sell one property out of the pool, know exactly what the lender requires before you sign.

Who it fits

Built for these borrowers.

  • Investors holding several financed rentals on separate notes
  • Buyers acquiring a package of properties in one transaction
  • Owners who have hit the financed-property limit elsewhere
  • Operators who want one payment and one renewal date instead of twelve
What we will ask for

Documents to gather.

  • Schedule of real estate owned
  • Rent roll for every property in the pool
  • Leases or market rent analysis
  • Existing mortgage statements and payoffs
  • Entity documents
  • Insurance for each property
  • Reserve statements

Have a project that fits?

Send us the scenario and we will tell you honestly whether it works, and which lender is the right home for it.

Other programs

Explore the rest of the shelf.