Managing five, ten, or twenty separate mortgages eats into your returns. Every loan has its own closing costs, its own payment date, its own rate — and the overhead adds up fast. A blanket loan wraps all of those into a single mortgage with one payment, one rate, and one set of closing costs.
Use this calculator to see exactly how much you'd save by consolidating your individual rental property mortgages into one blanket loan. Plug in your current portfolio numbers and compare side-by-side.
One Monthly Payment
Replace five, ten, or twenty separate mortgage payments with a single monthly payment. Less paperwork, fewer due dates, and no missed-payment risk across multiple servicers.
Lower Blended Rate
Cross-collateralization reduces lender risk, which often translates into a lower interest rate than the average across your individual loans. Even a 0.25% drop adds up across a large portfolio.
Scale Your Portfolio Faster
Blanket loans count as one liability on your credit profile instead of multiple. That frees up borrowing capacity so you can acquire the next property without hitting conventional loan limits.
Simplified Management
One lender, one loan servicer, one escrow account, one annual review. Managing your financing becomes as streamlined as managing the properties themselves.
Blanket Loan Savings Calculator
Compare individual mortgages vs. one consolidated blanket loan
Current Individual Loans
Individual Loans Total Cost
Blanket Loan Consolidation
Blanket Loan Total Cost
Your Estimated Savings
$353/mo
You Save with a Blanket Loan
Annual Cost Comparison
Portfolio Summary
See the Savings? Apply for a Blanket Loan
Consolidating into a blanket loan saves you money every month. Apply now to lock in competitive rates on your portfolio.
Individual Cost = (Monthly Payment × Properties) + (Closing Costs × Properties)
Blanket Cost = One Payment + One Closing Cost
The more properties you consolidate, the greater your savings. Most investors break even on closing costs within the first year.
Like What You See? Let's Run Your Real Numbers.
This calculator gives you a solid estimate, but your actual blanket loan terms depend on property types, LTV, DSCR, and credit profile. Call us for a custom quote based on your specific portfolio.
What Is a Blanket Loan and Why Does It Save Money?
A blanket loan is a single mortgage that covers multiple rental properties under one note. Instead of closing five separate loans with five separate lenders — each charging their own origination fees, appraisal costs, and title fees — you close once. That alone can save $10,000 to $50,000 or more depending on portfolio size.
The payment savings come from two places. First, blanket loans frequently carry a lower interest rate than what you'd get on individual investment property mortgages. Lenders view cross-collateralized portfolios as lower risk because one vacancy doesn't tank the entire loan's performance. Second, you eliminate redundant costs: multiple escrow accounts, multiple insurance tracking fees, and the administrative overhead of juggling payment dates across different servicers.
Our blanket and multifamily loan program covers portfolios from $300K to $50M. You can include single-family rentals, 2-4 unit properties, small apartment buildings, and mixed-use assets under one loan. Terms range from 5-year and 10-year fixed with 30-year amortization to full 30-year fixed rate options.
One loan, one payment, one lender — for your entire rental portfolio.
Can You Consolidate Rental Properties with Different Loan Balances into One Blanket Loan?
Yes. The properties don't need to have identical loan amounts, and they don't all need to be with the same current lender. When you consolidate into a blanket loan, we pay off each existing mortgage individually and roll everything into one new note. Properties can have different values, different remaining balances, and different original terms — the blanket loan replaces all of them.
The combined loan amount equals the total of all payoff balances. If you want cash out on top of that, we can structure a cash-out refinance up to 75-80% LTV on the combined portfolio value. The DSCR requirement is calculated on the aggregate — total rental income across all properties divided by total debt service on the single blanket payment.
How Many Properties Do You Need for a Blanket Loan to Make Sense?
The break-even point is usually around 3 properties, but the savings compound quickly. At 3 properties, you save roughly $5,500 in closing costs alone (three individual closings at $3,500 each versus one blanket closing at $5,000). Add the monthly payment reduction from a lower rate and you're typically saving $150 to $400 per month.
At 10 properties, the math gets aggressive. You're avoiding $30,000+ in separate closing costs and the rate differential on a million-dollar-plus combined balance can mean $500 to $1,500 per month in payment savings. That's $6,000 to $18,000 per year going back into your pocket or into acquiring the next property.
What Happens If You Want to Sell One Property in a Blanket Loan?
Blanket loans include a partial release clause. When you sell one property, the lender releases it from the blanket mortgage without requiring you to refinance the entire loan. You'll pay down a predetermined portion of the loan balance (usually 110-125% of the allocated amount for that property), and the remaining properties stay under the existing blanket terms. This gives you the flexibility to buy and sell within the portfolio without disrupting the rest of your financing. Ask about our residential rental property loan options if you prefer individual property financing for certain deals.
When a Blanket Loan Makes Sense for Your Portfolio
- You own 3 or more rental properties with separate mortgages
- Your individual loan rates are 7.5% or higher and you want a lower blended rate
- You're hitting the conventional loan limit (10 financed properties) and need to consolidate
- You want to pull cash out of your portfolio equity for new acquisitions
- You're tired of managing multiple payments, escrow accounts, and lender relationships
- Your portfolio DSCR is 1.0x or above (or you qualify for our no-ratio program)
Ready to Consolidate Your Rental Portfolio?
You've seen the numbers. Now let's make it happen. Apply online or call us to discuss your portfolio, get a custom rate quote, and start the consolidation process. No application fees, no obligation.