Cross Collateral Loans

June 13, 2023

Cross-collateralization is a unique program that can be incredibly beneficial for those looking to finance multiple properties with a single loan. With this program, MortgageDepot can help investors leverage their existing properties to secure financing for new investments. Here are three key benefits of cross-collateralization:

1. Simplified financing:
   With cross-collateralization, investors can finance multiple properties with a single loan, simplifying the financing process and reducing paperwork.
2. Partial release clause:
   This program also includes a partial release clause, which allows investors to sell one of their properties and have a portion of the mortgage balance paid off. This can be incredibly helpful for investors looking to free up capital for new investments.
3. Competitive rates:
   MortgageDepot offers competitive rates for cross-collateral-type loans, making it an attractive option for investors looking to finance multiple properties.

If you’re interested in learning more about cross-collateralization and how Commercial Mortgages can help you finance your investments, contact us today!