Portfolio & Blanket Loans

One Loan. All Your Rentals.

Portfolio and blanket loans that treat your rentals like the business they are — not a pile of separate mortgages.

Up to 85% LTV on a purchase and 80% on a cash-out refinance. Scores to the mid 600s standard, and into the 500s with strong equity.

The short answer

Once you’ve got several rental properties, financing them one at a time stops making sense. A portfolio (blanket) loan puts multiple properties under a single loan: one application, one closing, one payment. The properties qualify largely on their combined cash flow, so a weaker house can ride along with stronger ones instead of killing its own deal. Portfolio loans are a strength of our shop — we close them every month for investors across Texas and most states.

What we fund

• Blanket loans across single-family rentals, duplexes, and small multifamily.
• Portfolio DSCR loans — qualified on the portfolio’s rents and cash flow, not your tax returns.
• Cash-out portfolio refinances — pull equity out of the whole portfolio in one move for the next acquisition.
• Mixed portfolios — different property types, and manufactured rentals can be part of the mix where the program allows.
• LLC-owned properties — vesting in your entity is normal on these loans. Don’t have the entity set up right yet? We can point you to help before you close.

Who this fits

• Investors with 3, 5, 10, or more rentals tired of juggling separate loans and closings.
• Owners carrying several high-interest hard-money loans who want them consolidated into one long-term loan.
• Investors whose best property can carry a newer or weaker one while it stabilizes.
• Out-of-state owners with scattered properties who want one lender conversation instead of five.

The honest part

A blanket loan ties your properties together — that’s the point, and it’s also the tradeoff. Selling one property out of a blanket loan takes a partial release, which we’ll explain before you sign anything. And the portfolio has to carry itself: if the combined rents genuinely don’t cover the combined debt, no structure fixes that. Bring us the rent roll and the list of properties and we’ll tell you in one conversation whether it pencils.

How it works

1. Call or text (817) 862-6922 with your property list — addresses, rents, what you owe on each.
2. We model the portfolio as one deal — combined cash flow, combined equity, one set of numbers.
3. One closing replaces the pile, or funds the next purchase.

FAQ

How many properties can go in one portfolio loan? Portfolios commonly run from a handful of properties to twenty doors or more. There’s no magic number — the combined numbers matter more than the count.

Can properties in different cities or states be in one loan? Often, yes. Tell us where they are and we’ll confirm the structure works.

One property is vacant / a weak performer. Deal-killer? Not automatically. Portfolio underwriting looks at the whole picture — a strong portfolio can carry a soft property. That’s half the reason these loans exist.

Can I get cash out? Yes, cash-out portfolio refinances are a regular request — investors use them to fund the next purchase without a new loan on every property.

Do the properties have to be in an LLC? Entity vesting is common and often preferred on portfolio loans, but requirements vary. If your setup needs work first, we’ll tell you what to fix and who can fix it.

Start here

Call or text (817) 862-6922, or visit lawtonbuildingandloan.com.

Educational information only — not a commitment to lend. All loans are subject to credit approval, and programs change.

— Joel Lawton, Lawton Building and Loan, NMLS #380245