| What
is a Blanket
Mortgage?
A Blanket Mortgage is a type of mortgage can save a lot of time to those
of you who have multiple plots of land. It allows you to place two or
more plots of land under the same mortgage. This way you don’t have
to get individual mortgages on each lot.
For instance
if you buy a huge plot of land and divide it into, we’ll say, 8
lots. Instead of getting individual mortgages on all eight lots, which
would be incredibly time consuming, you can bunch it all into one mortgage.
It’s just easier to manage.
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Here to Apply for a Mortgage Quote
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