MORTGAGE LOANS HELD FOR SALE

3 Months Ended

Mar. 31, 2026

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)	March 31, 2026		December 31, 2025
Mortgage loans held for sale	$	17,046	$	14,859
Net fair value adjustment		274		213
Total mortgage loans held for sale, at fair value	$	17,320	$	15,072

Beeline Holdings, Inc.

Notes to Consolidated Financial Statements

March 31, 2026 and 2025

(unaudited)