Warehouse Line
A short-term credit facility mortgage lenders may use to fund loans before those loans are sold, refinanced, or otherwise moved off the facility.
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Plain-English definitions for HELOCs, home equity loans, refinancing, DSCR, VA lending, underwriting, credit, title and closing.
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A short-term credit facility mortgage lenders may use to fund loans before those loans are sold, refinanced, or otherwise moved off the facility.