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A blanket mortgage is a loan used to finance the purchase of two or more pieces of real estate. The distinguishing feature of the blanket mortgage is the “partial release clause." The clause differentiates the blanket mortgage from the traditional mortg
Hard money financing obtained through a private investor. Simpler process and less hassle.
With a fixed rate mortgage, the interest rate does not change for the term of the loan, so the monthly payment is always the same.
An ARM is a mortgage with an interest rate that may vary over the term of the loan...