Blanket / Portfolio Loans
Portfolio or blanket loans are real estate loans that allow investors to finance multiple properties under one loan. They are an excellent way to reduce transactional costs and interest rates, buy or refinance entire portfolios and improve an investor’s lifestyle by having one easy monthly payment. Read more about blanket /portfolio loans here.
Pros of using Blanket / Portfolio Loans
- Best in class interest rates and fee structure including:
- No escrow/closing fees on refinances
- Potential Waiver of survey requirements
- One easy payment with one lender.
- Easier tracking and bookkeeping
- An unlimited number of properties you can purchase or refinance – up to 20 units
- Excellent pricing and much lower closing costs
- One closing, one title policy, one doc set resulting in thousands of dollars saved.
- Ability to borrow in an entity, such as an LLC.
- Owning assets in an LLC provides additional protection for personal assets.
- Ability to lend in all states excluding Utah, North Dakota, South Dakota, and Idaho.