Apr 22, 2022
Blanket Loan Program
The blanket loan is a loan on a few properties. I also refer to them as small portfolio loans. Blanket loans are often used to cross collateralize the purchase of another property.
Loan Size: Minimum $150,000 Minimum # of Properties: 2 Minimum # of Units: 2 Minimum Property Value: $70,000 (we can add a property with a value of $60,000 if most of the properties are over $75,000. This option reduces the maximum LTV to 70%)
Learn More: https://www.rehablender.net/rental-loan/