A mortgage that covers at least two pieces of real estate as collateral for the same mortgage.

A single mortgage that covers more than one piece of real estate. A blanket mortgage may be used by a land developer who will sell individual lots out of one piece of land, or when a person purchases [..]

Single mortgage that covers more than one real property, i.e. – a house plus the vacant lot next door.

Definition A mortgage which creates a lien on two or more pieces of property. Blanket mortgages are often used by individuals or companies that have more than one piece of real estate, and that want t [..]

see mortgage

Mortgage that encompasses more than one real estate property. Although these properties are collateral for the mortgage, individual pieces can be sold without retiring the mortgage.

A blanket mortgage is a loan which land developers most commonly use to purchase an area of land with the intention of dividing it into many separate lots for resale or development. Rather than mortga [..]

A mortgage covering at least two pieces of real estate as security for the same mortgage.

A mortgage covering at least two pieces of real estate as security for the same mortgage.

A blanket mortgage is a mortgage that is secured by a cooperative project, as opposed to the share loans on individual units within the project. Blanket loans are popular with builders and developers [..]

A single mortgage registered against two or more individual parcels of real property.

A mortgage that covers at least two pieces of real estate as collateral for the same mortgage.