Whether on or off balance sheet, warehouse line of credit programs can fund an unlimited loan volume. This enables specialty lenders to enlarge their portfolios for maximum interest income and eliminating the need to manage multiple sources of capital.

About Our Company

WarehouseLine.com was formed in April 1999 to provide funding, brokerage and consultation of warehouse lending services to the mortgage banking industry. The company either directly or through its syndicate of participant banks provides temporary financing on certain one to four single-family residential dwellings, which have been originated. All of the loans are pre-sold in the secondary market to large institutional investors, many of whom are New York Stock Exchange companies. The warehouse line funding covers the approximately 15 to 30 day period between loan closing and the sale of the loan to an institutional investor. The company administers the use of the warehouse lines to its approved client base.

WarehouseLine.com has vast experience with soliciting and maintaining warehouse lending correspondent relationships, with our primary objective to provide warehouse lending services to mortgage brokers, mortgage bankers, and financial services companies. These companies need the training, assistance and follow through that WarehouseLine.com can provide.


Bruce Reichstein, President of WarehouseLine.com, graduated from the University of Texas at Austin with a Bachelor of Business Administration in 1986. Mr. Reichstein has been in the mortgage-banking arena for 20 years and has been responsible for overseeing all aspects of mortgage retail and wholesale originations including purchasing, funding and shipping. In 1992, Mr. Reichstein purchased 100% of Texcorp Mortgage Bankers, Incorporated and currently serves as Chairman of the Board, Chief Executive Officer and President.

Mr. Reichstein is also Chairman of the Board of Westbound Bank, a fast-growing Texas state chartered bank in Katy, Texas with a branch office in Bellaire, Texas. He continues to meet the challenges in the banking and mortgage banking industries.

WarehouseLine.com currently has many active warehouse line correspondents with cumulative mortgage commitments exceeding $125 million. The company has developed a strategy for expansion designed to broaden its financial institution bases thus allowing the company to expand its growth.




  • Our entire warehouse line program is managed by mortgage bankers.

  • We warehouse and fund all A paper products which include FHA, VA, conventional and jumbo loans. Approvals for funding include direct endorsement (FHA), VA automatic or prior approved (VA), DU and LP.

  • There are no legal preparation fees, no annual renewal fees or no non-usage fees to pay with obtaining this warehouse line.

  • The average time for approval after receiving a complete package is approximately two weeks or less.

  • We only require that you fax or email us the key documents needed 24 hours prior to the funding. No need to overnight us a complete package. We also offer same day funding requests at no additional charge.

  • The amount of the line requested is determined by the performance of the company. We do require a minimum audited net worth of $250,000.

  • The funding percentage on each "A" loan is up to 100% of the loan amount. There is no "haircut" in these instances.

  • There are no set net worth ratio's to establish the warehouse line amount.

  • This is a non-directed line, which means you do not have to sell the loans to one investor. You can sell them to any one of the investors on our approved investor list.


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