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

The loan product commonly called 'Interest Only Mortgage' is an interest only payment option which is offered on fixed rate (FRM) or adjustable rate (ARM) mortgages or on option ARMs.

Balloon loans are short term mortgages that have some features of a fixed rate mortgage. The loans provide a level payment feature during the term of the loan, but as opposed to the 30 year fixed rate mortgage, balloon loans do not fully amortize...

Hard money financing obtained through a private investor. Simpler process and less hassle.

A combination of fixed rate and adjustable rate loans...

An ARM is a mortgage with an interest rate that may vary over the term of the loan...

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.

They are known as B, C and D paper loans. Loan applicants typically have a bad credit history, have filed for bankruptcy, or have had a property in foreclosure.