« matrix: warehouse lines of credit »
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COMPANy NAME
1 Size of line: Minimum
2 Size of line: Maximum
3 Personal/corporate/combined net worth requirement: Minimum
4 Annual origination volume: Minimum
5 Willing to train those new to warehouse lending
PROGRAM INFO
6 Flow
7 Bulk
8 Lien position: 1st
9 Lien position: 2nd
CONTAC T
Gateway Bank FSB
888-210-0002 x8606
www.gatewayfsb.com
Ed McGrath
ed.mcgrath@gatewayfsb.com
NATIONWIDE
PRODUCTS
10 Construction
11 FHA / VA
12 Fannie Mae / Freddie Mac
13 HLTV programs
14 Home equity
15 Home improvement
16 Jumbo residential
17 Mixed-use properties
18 Nonprime
Min
1
Max
2
Min
12 13 14 15 16 17 18
PRODUCTS
4M
30M
NA/1M/NA
100M
YYY
YY
Y
Nation's top warehouse bank (Federal Savings Bank), Quick$ale®, off-balance sheet (purchase facility), early wires, TPOs
GBC Funding
770-627-9679
www.gbcfunding.com
Ashley Crosslin
acrosslin@geobanking.com
1M
30M
NA/500K/NA
NA
YY
Y
YY
Y
NATION WIDE except: AK HI NY Warehouse funding since 1998! Broker-to-banker welcome; 100% advance rates; no non-usage fees; flexible terms. USDA.
Horizon Bank NA
219-873-2609
www.accesshorizon.com
Kori Riggs
kriggs@accesshorizon.com
3M
40M
NA/500K/1M
NA
Y
Y
Y
NATIONWIDE
Repurchase facility, early wires, TPOs
Wilshire State Bank
213-427-1490
www.wilshirebank.com
Janette K. Mah
wl.rmg@wilshirebank.com
4M
30M
NA/1M/NA
NA
YYYY
YY
Y
NATIONWIDE
Advantages include same-day settlement, early wire, TPO and repo facility.
Tell lenders you found them in Scotsman Guide
Scotsman Guide makes every attempt to ensure the quality of matrix and directory information, which all listed lenders verify or update monthly. Because of the production cycle and dynamic nature of the industry, loan product
terms and availability may not reflect the latest changes. Please contact lenders directly for the most-recent program details. If you believe data is inaccurate or misrepresented, please e-mail: matrixfeedback@scotsmanguide.com.
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