Which term refers to a mortgage's ability to accommodate both residential and commercial properties?

The correct term for a mortgage that accommodates both residential and commercial properties is referred to as a Mixed-Use Mortgage. This type of mortgage is specifically designed for properties that have elements of both residential and commercial use, allowing the property owner to manage different types of spaces under one financing agreement.

The other terms describe different types of mortgage arrangements but do not encompass both residential and commercial properties. A Conventional Mortgage typically pertains to standard, non-government-backed loans for residential properties alone. A Blanket Mortgage, on the other hand, is used to finance multiple properties under one loan but does not specify any mix of property types, focusing instead on multiple parcels of real estate. An Adjustable Rate Mortgage refers to a loan with an interest rate that can change periodically, affecting the borrower's monthly payment, and is mostly applicable to residential properties.

Understanding the definitions and contexts of these terms is crucial for navigating the complexities of mortgage loans, especially when dealing with properties that serve dual purposes.