Note: The content below about broker to broker is under review and still being developed.
Questions about Warehouse Lines of Credit
Who can apply for a warehouse line ?
Any mortgage originator (broker or banker) who is engaged full-time in residential mortgage loan origination of the warehouse line, has successfully developed a relationship with and sold loans to at least one takeout investor and can meet certain minimum net worth and industry experience criteria. The MBS Group is happy to help you with warehouse lines of credit or any of your business needs. 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.
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