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.

A blanket mortgage is a type of financing that can provide an efficient way to procure a loan for multiple properties.

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blanket. A single mortgage instrument covering two or more properties.It is most often encountered in property intended for development,with partial lien releases given as lots are sold and part of the sale proceeds used to pay down the loan.

The party, sources said, will release its manifesto in the coming week. Former finance minister P Chidambaram heads the party’s manifesto committee that is giving final touches to the manifesto. The …

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