Portfolios and blanket loans

The portfolio course: blanket notes versus individual loans, the rent roll lenders actually want, release provisions for partial sales, how aggregate DSCR hides a weak door, what changes past ten doors, and how to sequence a portfolio refinance.

6 LESSONS · 30 MIN · 0/6 DONE

1. 7.1

   1. Blanket vs individual

   When one blanket note beats separate loans on each door — release provisions, cross-collateral, pricing and aggregate DSCR.

   5 MIN · REFERENCE PAGE

2. 7.2

   2. Building the rent roll

   The exact columns underwriting needs, and the paste format Silt's Property Pool accepts for a multi-property submission.

   5 MIN

3. 7.3

   3. Release provisions

   Release prices, how the pool re-tests after a partial sale, and how cross-default ties the remaining properties together.

   5 MIN

4. 7.4

   4. Aggregate DSCR

   How one weak door can hide inside a pool that still clears the floor overall, with worked pooled maths.

   5 MIN

5. 7.5

   5. Scaling past ten doors

   Pricing credit, twelve-month reserves, and the hard limit from the sheet: a $10M cap on a portfolio loan.

   5 MIN

6. 7.6

   6. Refinancing a portfolio

   Sequencing payoffs, title across multiple counties, and why a portfolio refinance usually closes in stages rather than all at once.

   5 MIN