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Blanket Mortgage for Rental Properties: One Loan, Multiple Houses

By Travis Penny, mortgage broker ·

Residential rental property in a Florida neighborhood

Last updated October 15, 2026

See my blanket loans page for requirements and next steps.

What is a blanket mortgage?

One loan secured by more than one rental property.

Why investors use it

Fewer closings, one payment, and room to keep buying.

Next step

Run rent numbers on my DSCR calculator, then contact me.

FAQ

How many properties can go on a blanket loan?
Some programs go up to about 10 properties on one blanket. I will confirm for your file.
Is a blanket loan the same as a portfolio loan?
Closely related. Both finance more than one property; program rules differ.
Can I add properties later?
Sometimes through a new blanket or a refinance. Ask me before you underwrite.
Is this for my primary home?
No. Rental and investment property only.
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