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What is a Blanket Mortgage?

A blanket mortgage is a special type of mortgage that covers two or more properties. A blanket mortgage might also include a release clause which allows one parcel to be released from the lien to convey clear title - without having to pay back the entire debt.


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A street view of multicolored attached houses
A street view of multicolored attached houses

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I knew about mortgages but about this type of Blanket Mortgage, I came to know from your post. In which we have two or more properties are dealed.


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