Note: The content below about broker to broker is under review and still being developed.
Approval requirements required for a warehouse line of credit.
It's easy to get an approval for a warehouse line of credit with the MBS group. You can start by clicking here. The MBS Group with warehouse lending specializes in providing warehouse lines of credit to existing and emerging mortgage bankers nationwide. A warehouse line of credit is a revolving line of credit. Money is borrowed on the line and added to your bottom line with a warehouse line of credit. Learn more about the warehouse lines of credit provied by MBS. We have the cash flow and credibility needed to make the leap.
(2 Years) Corporate audited & most recent interims & personal financial statements
Copy of E & O and fidelity bond insurance policy at $300,000 each
Banking references to included names and addresses
List of secondary market investors
90-Day pipeline report for production
Brief company history with list of all loan officers for a warehouse line
Do you have a question, comment, or suggestion for MBS about an approval for a warehouse line of credit? Please input your name, e-mail address, contact number, and any comments. A specialist from Mortgage Banking Solutions will contact you within 12-72 hours. All fields are optional. You can also email or contact us by phone
Getting an approval with a warehouse line is easy if you have the MBS Group on your side.
