<p>The reasons for choosing a blanket mortgage are very specific. Lenders can be enticed to offer better terms and <a href="https://www.thebalance.com/calculating-mortgage-interest-real-estate-investors-2866804" data-component="link" data-source="inlineLink" data-type="internalLink" data-ordinal="1">interest rates</a>, and sellers can move properties while holding paper with more security. Learn the specific criteria that would make a blanket real estate mortgage a good choice.</p>There are some very good business and investment reasons for using a blanket real estate mortgage in a purchase situation. A buyer can get better loan terms, free up cash and more. Learn the buyer advantages for a blanket mortgage.As with most financial decisions, there are pros and cons to using a blanket real estate mortgage. Learn why a buyer might not want to do so.