Blanket loan

A blanket loan, or blanket mortgage, is a type of loan used to fund the purchase of more than one piece of real property. ^[1]

5 relations: Debtor, Due-on-sale clause, Loan, Mortgage loan, Real property.

Debtor

A debtor is an entity that owes a debt to another entity.

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A due-on-sale clause is a clause in a loan or promissory note that stipulates that the full balance of the loan may be called due (repaid in full) upon sale or transfer of ownership of the property used to secure the note.

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Loan

In finance, a loan is the lending of money by one or more individuals, organizations, and/or other entities to other individuals, organizations etc.

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Mortgage loan

A mortgage loan, or simply mortgage, is used either by purchasers of real property to raise funds to buy real estate, or alternatively by existing property owners to raise funds for any purpose, while putting a lien on the property being mortgaged.

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Real property

In English common law, real property, real estate, realty, or immovable property is land which is the property of some person and all structures (also called improvements or fixtures) integrated with or affixed to the land, including crops, buildings, machinery, wells, dams, ponds, mines, canals, and roads, among other things.

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Blanket mortgage.

References

[1] https://en.wikipedia.org/wiki/Blanket_loan

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