Mortgage Warehouse Lending

Fast flexible solutions. Comprehensive solutions for independent mortgage banking companies.

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Helping Your Business Grow

Fast Interim Financing

Once a warehouse credit facility is in place, our clients can take advantage of same-day funding.

Flexible Solutions

Warehouse facilities available between $3 million and $30 million.

Prompt Customer Service

We work closely with our clients to deliver superior services and solutions to meet all their banking needs.

My end goal for this business is getting closer. Shot of a handsome young businessman sitting alone in his office and using his laptop.

Residential Mortgages that can be funded with your warehouse credit facility:

  • Comparison checkmark Same-day funding once warehouse credit facility is in place
  • Comparison checkmark FNMA/FHLMC eligible conventional loans, and HUD eligible FHA, VA and USDA loans
  • Comparison checkmark Jumbo loans
  • Comparison checkmark Fixed rate second mortgage loans
  • Comparison checkmark Manufactured home loans
  • Comparison checkmark Clients enjoy quick and accurate funding

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Prompt, Personal Service from Needham Bank Warehouse Lending

A warehouse credit facility can help you keep pace with your funding requirements. Our warehouse lending services give you the ability to close mortgages in your own name, streamline the origination process and better serve your clients. At Needham Bank, we offer:

High-touch, personalized service with flexibility to help grow your mortgage banking business

  • Comparison checkmark Same-day funding available
  • Comparison checkmark Fund as Delegated or Non-Delegated
  • Comparison checkmark Paperless technology and customized reporting
  • Comparison checkmark Nationwide coverage (excluding Alaska, New York and Hawaii)
  • Comparison checkmark Tailored solutions: access to products and assistance for growth
  • Comparison checkmark Client-centric focus: Responsive to clients and changing needs
  • Comparison checkmark Maintain competitiveness: secure your advantage in the market
  • Comparison checkmark Maintain competitiveness: secure your advantage in the market

Contact our Warehouse Lending experts today

Partner with Needham Bank Warehouse Lending

When you partner with Needham Bank Warehouse Lending, you can be confident you will have access to the products and support you need to keep your mortgage banking business growing strong. Our warehouse credit facility can help you increase efficiency, be more responsive to clients and maintain a competitive advantage.

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Frequently Asked Questions

A mortgage warehouse facility enables Independent Mortgage Banking companies to fund residential mortgage loans without using their own capital. Banks and Credit Unions with wholly-owned subsidiary mortgage companies may also benefit from such a facility. Mortgage warehouse lending is a form of asset-based lending that provides short-term funding between the time of a mortgage’s closing and when the loan is sold to a secondary market investor. Upon sale of the loan into the secondary market, the warehouse advance is settled, and any profits are deposited into the mortgage banking company’s account. Our mortgage warehouse lending services allow you to close mortgages in your company’s name and maximize profitability by using our paperless and efficient funding process. This results in funding more loans that close faster, enhancing your borrowers’ experience.

We offer Agency (FNMA/FHLMC) and HUD (FHA/VA/USDA) eligible loans. Additionally, we provide expertise in and funding for Specialty products secured by 1-4 family residential homes, including Jumbo loans, Construction-to-Perm (CTP) loans, and Fixed Rate Second Mortgage loans. Our Master Repurchase Facility enables Independent Mortgage Bankers to efficiently fund a variety of competitive residential mortgage loan products.