IMBs leveraging these lines were forced to diversify their loans or were stuck with what they had.
We predict a trend in the closing of traditional warehouse lines. Protect your IMB in advance:
- Look at loans & niches. Find warehouses specialized in your niche.
- Use a minimum 3 warehouses. We see an average of 3-5 warehouse lines per IMB.
- Diversify lines, align incentives, and evaluate non-use fees.
As a neutral intermediate in mortgage lending, we can offer advice on optimal warehouse line allocation. Talk to an expert at OptiFunder with questions on warehouse closures and where to go next.