Blanket Mortgage Insurance

One policy. No tracking. Full protection for your entire mortgage portfolio.

Managing individual insurance policies across a growing mortgage portfolio can drain time and resources. Blanket mortgage insurance eliminates that strain. At IL Group, we can tailor a blanket solution that protects your first and second mortgages, HELOCs, and condos — all without requiring you to track every loan or verify every borrower policy. It’s fast, efficient, and built to keep your team focused on serving your clients, not sorting through insurance paperwork.

Our blanket programs help protect your institution against uninsured collateral losses from property damage while reducing the administrative burden on your team. We review your options, explain coverage clearly, and can customize a policy that aligns with how you manage risk.

Because blanket insurance covers your portfolio under a single annual policy, your staff gains back valuable time, with no tracking of individual loans, no chasing documentation, and fewer surprises. It’s important to note that blanket coverage does not include flood insurance and may not be permitted in all cases under FHFA guidelines. Optional enhancements may be available to support specific portfolio needs, depending on eligibility.

What We Cover:

• First mortgages
• Second mortgages
• Home equity lines of credit (HELOCs)
• Condominiums