SOUTHSTAR WAREHOUSING
Mortgage Warehousing With SouthStar Bank
When you earn a living sourcing and selling mortgages into traditional secondary markets, the ability to quickly fund loans in-house under your own name establishes you as a go-to resource among builders, brokers, real estate agents and consumers eager for a quick, easy financing experience. Plus, these happy clients are a critical source of the referrals and repeat business you count on for long-term success!
Funding Made Easy
When you need a warehouse banking partner, trust the friendly professionals at SouthStar Warehousing. Backed by SouthStar Bank’s dedicated infrastructure and over $1 billion in assets, we service mortgage bankers across all 50 states. With over 100 years of commercial banking expertise – including 25-plus years of specialized mortgage warehousing experience – we are well qualified to help you close more loans.
A Relationship You Can Bank On
Our seasoned program managers can establish a relationship and begin funding your deals in about 30 days. New accounts are typically granted $3-10 million per month, with the potential for additional funding of up to $100 million. Specific terms, including qualifying net worth criteria, are determined by your specific financial situation.
All eligible loans are processed within 24 hours of receiving your completed funding request package, and are promptly funded. At SouthStar Warehousing, you’ll benefit from immediate access to responsive, knowledgeable mortgage experts dedicated to your success.
Our Story
SouthStar Warehousing (formerly Star Warehousing) is a division of SouthStar Bank dedicated to supplying high-volume mortgage originators with short-term funding. Since entering the market in the early 1990’s, we’ve invested heavily in dedicated infrastructure and personnel. Our advanced processing center is equipped with the latest banking technologies, enabling us to process up to $100m per month per client. High volume, nationwide service, expert transaction support and prompt funding make SouthStar Warehousing your preferred partner.
SouthStar Bank is built on a rich 100-year heritage of community service, providing Central Texans with friendly, flexible common-sense financial solutions since 1905. We’ve grown to 16 full-service branches across the region, including several new facilities in the Austin area.
Get Started Today!
To experience the difference a warehousing relationship can make for your business, contact one of our executive program managers. We’re glad to discuss your needs and tailor a relationship designed to help you close more business, faster!
Billy J. Fleming, National Sales Manager, SouthStar Warehousing
NMLS #469504
SouthStar Bank, S.S.B.
100 S. Main Street
Calvert, Texas 77837
p: 979.364.2899 | m: 254.422.1500
billy.fleming@southstarbank.com
Program Advantages
- Competitive fees and rates
- Dedicated account management
- Modest net worth requirement
- Flexible terms
- Nationwide service
- Quick review and approval
- Prompt funding
- Wet and dry funding available
- Serving a range of popular tools:
- Conventional, FHA, VA, USDA, Jumbo, Investment Properties