Warehouse Line- The Turning Point
Warehouse Lines Program Highlights
• NO Net Worth requirements for Broker to Banker Program (Training Provided)- PERFECT for brand new bankers • No Personal Guarantees on our Broker to Banker Program • Leverage up to 15:1 dependent upon full credit package. • Broker to Banker program, with full training and a correspondent line to go with it. • Warehouse lines of credit ranging from $1,000,000 to $50,000,000 • Unlimited funding capacity. • National- 50 states- warehouse lender and correspondent program for purchas eof closed loans. (see warehouse lines section for full benefits of obtaining line) * Must meet minimum state and agency requirements to qualify
As a Mortgage Banker/ Direct Lender With Your Own Warehouse Line of Credit, YOUR COMPANY Will Be Able To:
- Fund Loans in your own company name
- Set your own compensation levels and plans
- Choose whether or not to disclose lender premium or SRP
- Make more money per banked mortgage loan unit
- Earn the “spread” while your mortgage loan is being bought off of your mortgage warehouse line
- Control the entire mortgage loan process; pricing, processing, underwriting and funding
