Matrix: Warehouse Lending Facilities
Search matrix: ScotsmanGuide.com/Warehouse
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Atlantic Coast Bank
CON TACT: Michelle Wright
2 0 500K BOTH 620 2M 20M Y Y Y Y Y Y Y Y Y
NATION WIDE We work with customers to provide a customized product that fits their needs.
We offer personal attention and same-day funding so that you get what you need when you need it.
CON TACT: D. Michael Dunigan
5 50M 2.5M LIBOR 580 25M 100M 0 Y Y Y Y Y Y Y Y Y Y Y
NATIONWIDE BU provides competitive warehouse lending rates & terms to mortgage bankers nationwide originating Agency/Government and Jumbo mortgage
loans across all origination channels.
BofI Federal Bank
CON TACT: Warehouse Lending Division
2 0 1.5MBOTH 0 5M100M 50YYY YYYYY YYYYYYY
NATIONWIDE Aggressive LIBOR-based pricing, repurchase facility.
CON TACT: Jim Taschler
0 0 75KBOTH 0 2M 75M 0 0 YYYYYYYYY YY Y Y
NATION WIDE Experts in small to mid-size mortgage banking, competitive pricing, 24/7 online access, personalized service,
same day 100% funding, quick decision making & flexible funding.
First Guaranty Mortgage Corporation
CON TACT: Ken Jones, firstname.lastname@example.org
1 0 200K LIBOR 580 2M 15M Y Y Y Y Y Y Y Y Y Y Y
NATIONWIDE Call First Guaranty’s Warehouse Lending division today for exceptional service.
A true non-captive warehouse line where the business owner is in control.
CON TACT: Joe Lathrop
20 2M 100KBOTH600 1M 100M10 30 YYYYYYYYYYYYYYY YY Y
NATIONWIDE Non-restricted lines that may be used for a wide variety of products sold to 180+ investors.
Florida Capital Bank Mortgage
CON TACT: Jacqueline Ring, email@example.com
4 0 75K PRIME 620 1M 20M 0 0 Y Y Y Y Y Y Y Y Y Y Y Y
NATION WIDE except: AK HI Dedicated team with personalized service. 99% funding. Specifically for emerging and existing mortgage bankers. TPOs.
No non-usage fees. Rapid approval process. No app. fee.
CONTACT: Monroe B. Thrower III
0 0 0 BOTH 640 1M 40M Y Y Y Y Y Y Y Y Y Y Y
NATIONWIDE except: AK HI NY Warehouse funding since 1998! Broker-to-banker welcome; 100% advance rates; no non-usage fees; flexible terms.
Goldome Financial LLC
CON TACT: Steve Harris
0 0 75K BOTH 580 1M 70M Y Y Y Y Y Y Y Y Y Y
NATIONWIDE except: NY Warehouse solutions for emerging bankers through fully delegated correspondents and TPO lenders. Prime, note rate or LIBOR
depending upon client profile. No non-usage fees.
Horizon Bank NA
CON TACT: Kori Riggs
2 0 500K PRIME 620 3M 40M Y Y Y Y Y Y Y Y Y Y Y
NATION WIDE Repurchase facility, same-day funding, online requests, TPOs.
CON TACT: See website
0 0 75K BOTH 580 1M 20M Y Y Y Y Y Y Y Y Y Y Y Y Y
NATIONWIDE except: AK HI NY Since 2004, NattyMac has been an effective warehouse lender, funding both emerging and existing mortgage bankers.
21 Conventional residential
23 Government insured
25 Hard money (Nonprime)
27 Repossession/gestation LOC
28 Commercial or mixed-use
29 Servicing-advance lines
The Warehouse Lending Facilities matrix
includes the lender requirements and
products offered to mortgage bankers and
brokers who want to fund mortgage loans
in-house. This matrix includes the Warehouse
Facility, the Repurchase Facility, the Line of
Credit, and the Purchase and Sale Facility
models for interim mortgage funding.
4 LIBOR, prime, both or other pricing
5 Minimum loan FICO score (0-850)
6 Minimum funding amount offered ($M)
7 Maximum funding amount offered ($M)
8 Minimum liquidity percentage required
9 Max. carve-out for non-Qualified-Mortgages
WAREHOUSE-FACILI TY CHARAC TERISTICS
10 Flexible net worth requirements
11 Personal guaranty required
12 100% funding (no haircut)
13 Broker to banker offered (training)
14 Multistate funding
15 Wet funding
16 Dry (note in house) funding
17 Electronic submission and reporting
18 Correspondent lending offered
19 Scratch and dent remedy for repurchase
20 Third-party originations allowed (TPOs)
1 Years in business
2 Monthly origination volume ($K)
3 Corporate net worth (min. required $K)
LENDERNAME 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29