MORTGAGE LOANS HELD FOR SALE

9 Months Ended

Sep. 30, 2025

Mortgage Loans Held For Sale

MORTGAGE LOANS HELD FOR SALE

7. MORTGAGE LOANS HELD FOR SALE

Beeline sells substantially all of its originated mortgage loans to investors and adjusts adjusted its loan balance to the estimated fair value based on the eventual sales of loans. Mortgage loans held for sale, at fair value, consisted of the following:

(Dollars in thousands)	September 30, 2025		December 31, 2024
Mortgage loans held for sale	$	8,732	$	6,878
Net fair value adjustment		191		47
Mortgage loans held for sale, at fair value	$	8,923	$	6,925

Beeline Holdings, Inc.

Notes to Consolidated Financial Statements

September 30, 2025

(Unaudited)