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What is a blanket loan 2024?

Amelia Kim | 2023-05-05 02:28:51 | page views：1874
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Charlotte Gonzales

Studied at the University of Buenos Aires, Lives in Buenos Aires, Argentina.
A blanket loan, or blanket mortgage, is a type of loan used to fund the purchase of more than one piece of real property. Blanket loans are popular with builders and developers who buy large tracts of land, then subdivide them to create many individual parcels to be gradually sold one at a time.
2023-05-05 02:28:51
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Julian Hall

QuesHub.com delivers expert answers and knowledge to you.
A blanket loan, or blanket mortgage, is a type of loan used to fund the purchase of more than one piece of real property. Blanket loans are popular with builders and developers who buy large tracts of land, then subdivide them to create many individual parcels to be gradually sold one at a time.
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