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Blanket & Portfolio Loans

Blanket & Portfolio Loans
One Loan. Your Whole Portfolio.

Consolidate multiple investment properties into a single loan facility. One closing, one payment, one relationship. Qualify on portfolio cash flow, not personal income. Release provisions available so the portfolio stays flexible.

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$5M+
Aggregate
75%
Max LTV
5+
Properties
30+
Capital Sources
TL;DR Quick answer for real estate investors

Blanket Portfolio Loans — A blanket loan finances 5+ investment properties under a single loan — instead of managing 5+ separate mortgages with separate payments. Simplifies portfolio management, often improves rate, and enables release clauses that let you sell individual properties without paying off the entire blanket.

LendingStreet has structured $4.36B+ across 8,196 deals nationwide. NMLS #1734316 · 30+ capital sources · 48 states.

Blanket Portfolio Loan Key Facts

Blanket & Portfolio Loans for Multi-Property Investors

A blanket loan — sometimes called a portfolio loan — finances multiple investment properties under a single mortgage facility. Instead of carrying separate loans, separate closings, and separate monthly payments on each property, a blanket loan consolidates the portfolio into one structure.

Blanket financing is built for investors who have outgrown property-by-property lending. As a rental portfolio scales, managing a dozen individual loans — each with its own servicer, payment date, and escrow — becomes operationally heavy. A blanket loan simplifies that into a single relationship while typically qualifying on the combined cash flow of the properties rather than your personal income.

LendingStreet places blanket and portfolio loans across a network of 30+ capital sources. This matters for portfolio deals specifically, because lenders vary widely in how many properties they will pool, which property types they will mix, what geographies they will cross, and whether they allow individual properties to be released from the blanket over time. A network approach finds the structure that fits the portfolio.

Who blanket / portfolio loans are built for

Investors holding 5+ rental properties · operators consolidating many individual loans into one facility · buyers acquiring a portfolio in a single transaction · investors seeking one payment instead of many · portfolio owners who want the option to release individual properties for sale

How Blanket Loans Work

A blanket loan secures multiple properties under one mortgage. The properties are underwritten as a pool: lenders evaluate the combined rental income against the combined debt service, typically targeting a portfolio-level DSCR.

Most blanket programs include a release provision — language that lets you sell or refinance an individual property out of the blanket without unwinding the entire loan, usually by paying down an agreed release amount on that property. This preserves flexibility: a portfolio loan does not have to mean the portfolio is frozen.

Because qualification rests on the portfolio's aggregate cash flow rather than personal income, blanket loans suit full-time and self-employed investors and those holding property through entities. Documentation typically centers on a portfolio-wide rent roll and operating history rather than personal tax returns.

Typical Blanket / Portfolio Loan Terms

Aggregate Loan
$500K–$5M+
Across the portfolio
Properties
5+
Pooled in one facility
Max LTV
75%
Portfolio basis
Min DSCR
1.20x+
Portfolio level
Term
5-30 Yr
Program dependent
Release
Available
Sell individual assets
Entity
LLC OK
Standard
Income Docs
Cash Flow
No personal income

Terms vary by capital source, portfolio composition, property condition, geography, and borrower profile. The figures above are typical ranges for qualified borrowers, not guaranteed terms. Call for an exact quote on a specific portfolio.

Blanket Loan vs Individual Property Loans

FeatureBlanket / Portfolio LoanSeparate Individual Loans
Number of closingsOneOne per property
Monthly paymentsOne consolidated paymentOne per property
Qualification basisPortfolio cash flowEach property individually
Selling one propertyRelease provisionPay off that property's loan
Best for5+ property portfolio operatorsInvestors with a few properties

Blanket loans trade some per-property flexibility for portfolio-wide efficiency. For investors managing many properties, the operational simplicity of one facility — one payment, one servicer, one relationship — is often the deciding factor.

Frequently asked questions

What is a blanket loan?
A blanket loan finances multiple investment properties under a single mortgage facility, instead of separate loans on each property. It consolidates a portfolio into one closing, one payment, and one relationship.
How many properties do I need for a blanket loan?
Blanket and portfolio loans typically start at five or more properties pooled into one facility, though minimums vary by capital source. Smaller groupings are evaluated case by case.
Can I sell one property out of a blanket loan?
Most blanket programs include a release provision that lets you sell or refinance an individual property out of the blanket — typically by paying an agreed release amount — without unwinding the entire loan.
Do blanket loans require personal income documentation?
Most blanket programs qualify on the portfolio's combined cash flow rather than personal income. That means no W-2 or personal tax return requirement on many programs.
Can the properties be in different states?
Many blanket programs allow properties across multiple states, though cross-state portfolios are evaluated by capital source. Some lenders pool more flexibly than others, which is where a multi-source network helps.
Can I mix property types in one blanket loan?
Many programs allow mixed residential property types within a portfolio. The specific mix permitted depends on the capital source — another reason a network with 30+ sources can find a fitting structure.

Get a Portfolio Loan Quote Today

Speak with a financing specialist who structures blanket loans across 30+ capital sources. Built for investors who have outgrown property-by-property lending.

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