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Blanket Mortgage

The definition for Blanket Mortgage:

(1) A mortgage covering more than one property of the mortgagor, such as a mortgage covering all the lots of a builder in a subdivision. (2) A mortgage covering all real property of the mortgagor, both present and future. When used in this meaning it is also called a "general mortgage".




Similar Matches

Adjustable Rate Mortgages (arms)

Adjustable Rate Mortgages (arms)
Mortgage loans under which the interest rate is periodically adjusted to more closely coincide with current rates. The amounts and times of adjustment are agreed to at the inception of the loan. Also called: Adjustable Rate Loans, Adjustable Mortgage Loans (AML'S), Flexible Rate Loans, Variable Rate Loans.


All inclusive Trust Deed (wrap around mortgage)

All inclusive Trust Deed (wrap around mortgage)
A financing technique which involves the creation of a new trust deed which includes the balance due on the existing note plus any new funds advanced.


Direct Reduction Mortgage

Direct Reduction Mortgage
An amortized mortgage. One on which principal and interest payments are paid at the same time (usually monthly) with interest being computed on the remaining balance.


Further Suggestions

Equitable Mortgage
Federal National Mortgage Association
First Mortgage
Gnma (government National Mortgage Association) Options
Graduated Payment Mortgage
Growing Equity Mortgage (gem)
H Hard Money Mortgage


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Blanket Mortgage
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