Blanket mortgage
id:
blanket-mortgage-249-2993621
title:
Blanket mortgage
text:
A blanket mortage, or blanket loan, is a type of mortgage used to fund the purchase of more than one piece of real property. Blanket loans are popular with builders and developers who buy large tracts of land, then subdivide them to create many individual parcels to be gradually sold one at a time. Rather than securing a new mortgage each time a portion of the development is sold, the borrower uses the blanket loan to buy them all. Once a parcel is sold, a portion of the mortgage is released, wi
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Blanket_mortgage
date created:
date modified:
2024-04-09T07:42:00Z
main entity:
{"identifier":"Q4925168","url":"https://www.wikidata.org/entity/Q4925168"}
image:
fields total:
13
integrity:
13