Blanket Loan
Also known as a blanket mortgage, this type of loan covers more than one parcel of property. Usually, individual parcels are released or partially released from the blanket loan / mortgage as the debt is paid off.
Hard Money Tip Of The Month
Foreclosure
Obtaining a Hard money loan can prevent a foreclosure. These loans are
the type that bring out the best and the worst in hard money
lenders. If you are facing foreclosure on a property (either one that
you own or one that you want to purchase before it forecloses) hard
money lenders may be your only
resource for sufficient cash in a timely manner.
