{"id":526,"date":"2018-02-13T04:30:29","date_gmt":"2018-02-13T04:30:29","guid":{"rendered":"http:\/\/www.realestatewords.com\/?page_id=526"},"modified":"2021-03-11T14:11:23","modified_gmt":"2021-03-11T14:11:23","slug":"blanket-mortgage-or-trust-deed","status":"publish","type":"page","link":"https:\/\/www.realestatewords.com\/blanket-mortgage-or-trust-deed\/","title":{"rendered":"Blanket Mortgage or Blanket Trust Deed"},"content":{"rendered":"<h2>Definition<\/h2>\n<p>A <strong>blanket mortgage<\/strong> or a blanket <a href=\"https:\/\/www.realestatewords.com\/trust-deed\/\">trust deed<\/a> is a loan covering two or more properties with the same terms for all properties under the same mortgage.<\/p>\n<h2>Explanation<\/h2>\n<p>A blanket mortgage is used to buy or refinance multiple properties under one loan, making it easier for a <a href=\"https:\/\/www.realestatewords.com\/investor\/\">real estate investor<\/a> to receive the same terms for multiple properties. It is often offered by commercial lenders for real estate investors such as landlords who plan to buy and hold properties for long-term investments.<\/p>\n<p>A blanket mortgage can be easily divided per asset or property, so the investor would not need to refinance the loan or pay in full each time a property is sold. This feature can be useful for flippers, landlords, and even land <a href=\"https:\/\/www.realestatewords.com\/developer\/\">developers<\/a>.<\/p>\n<div class=\"shortcode_tabs horiz_tabs\"><div class=\"scT\"><ul class=\"scT-tab clearfix\"><li class='tS' style='width:100%;'><a>Expert Contributor<\/a><\/li><\/ul><div class='scTC scTC655' style='display:block;'><p>\n<p><strong><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-10493\" src=\"https:\/\/www.realestatewords.com\/wp-content\/uploads\/2021\/03\/Loren-Howard.jpg\" alt=\"Oleg Donets headshot\" width=\"150\" height=\"180\" \/>Loren Howard<\/strong><\/p>\n<p><em>HARD MONEY LENDING SPECIALIST<br \/>\n<\/em><\/p>\n<p>Expert contributor at RealEstateWords.com<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/www.realestatewords.com\/contributors\/loren-howard\/\"><strong>View profile<\/strong><\/a><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<\/p><\/div><\/div><\/div>\n<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-10688 aligncenter\" src=\"https:\/\/www.realestatewords.com\/wp-content\/uploads\/2020\/03\/Real-Estate-Words-Contributor.png\" alt=\"Real Estate Words Contributor badge\" width=\"200\" height=\"168\" \/><\/p>\n<p style=\"text-align: center;\"><div class=\"su-note\"  style=\"border-color:#dadada;border-radius:3px;-moz-border-radius:3px;-webkit-border-radius:3px;\"><div class=\"su-note-inner su-u-clearfix su-u-trim\" style=\"background-color:#F4F4F4;border-color:#ffffff;color:#333333;border-radius:3px;-moz-border-radius:3px;-webkit-border-radius:3px;\">Interested in becoming a contributor? Apply for our <a href=\"https:\/\/www.realestatewords.com\/contributor-program\/\">Expert Contributor Program<\/a>.<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Definition A blanket mortgage or a blanket trust deed is a loan covering two or more properties with the same terms for all properties under the same mortgage. Explanation A blanket mortgage is used to buy or refinance multiple properties under one loan, making it easier for a real estate investor to receive the same [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"_links":{"self":[{"href":"https:\/\/www.realestatewords.com\/wp-json\/wp\/v2\/pages\/526"}],"collection":[{"href":"https:\/\/www.realestatewords.com\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.realestatewords.com\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.realestatewords.com\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/www.realestatewords.com\/wp-json\/wp\/v2\/comments?post=526"}],"version-history":[{"count":0,"href":"https:\/\/www.realestatewords.com\/wp-json\/wp\/v2\/pages\/526\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.realestatewords.com\/wp-json\/wp\/v2\/media?parent=526"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}