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 | Blanket
Mortgage A single document which is registered covering more than one title
to property. |  | Blended
Mortgage Combining the amount owing on an existing mortgage with additional
mortgage money for the purpose of buying another property. The interest rate change
to one that combines the rate on the old loan with the rate in effect at the time
you add additional financing. |  | Blended
Payments The method of repayment where periodic payments of principal and
interest are made in such a way that the payments remain constant in amount, although
the portions attributed to principal and interest vary with each payment.
|  | Bridge
Financing A special short-term loan needed to cover (bridge) the gap in time
between completing the purchase of one property and finalizing arrangements to
pay for it. This is often the result of mismatched closing dates. |

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