Blanket mortgages cover more than one plot of land financed by the same borrower. This can help save time and money. For example, a seller ready to buy a second property before their first has sold may use a blanket mortgage to access equity from the first property to put toward the second.
Considering a career change? Our upcoming real estate pre-licensing classes are filling up fast so make sure to secure your seat here: tocrres.com/register