WAREHOUSE LINES OF CREDIT	9 Months Ended
Sep. 30, 2026
Warehouse Lines Of Credit
WAREHOUSE LINES OF CREDIT	12. WAREHOUSE LINES OF CREDIT On September 21, 2021, Beeline Loans entered into an agreement with a lender for a $10.0 million line of credit. The line automatically renews for successive one-year terms, unless terminated by Beeline Loans or the lender upon 60 days’ notice. The line was renewed on September 30, 2023 with a reduction in available funding from $10.0 million to $5.0 million. The line has subsequently been renewed with the latest renewal in October 2025 increasing the available funding to $15.0 million and subject to annual renewals. The interest rate is the greater of interest on the underlying loan or 4.25% - 5.50%, depending on how many loans Beeline Loans closes per month. Beeline Loans is required to provide the lender with annual audited financial statements, quarterly unaudited financial statements, monthly interim unaudited financial statements, and any other report submitted by independent accountants in connection with annual, interim or special audit of the books, if requested. Beeline Loans is also subject to loan repurchase provisions as defined in the agreement and certain financial and non-financial covenants. As of September 30, 2026, Beeline Loans was in compliance with the covenants. Beeline Loans grants to the lender a security interest in and to all of Beeline Loans’ right, title, and interest in and to each mortgage loan in which the lender has acquired a warehouse interest. As of September 30, 2026, the outstanding balance of the warehouse line of credit was $7.6 million and accrued interest was $23,428 with interest rates of 4.9%-9.0%. As of December 31, 2025, the outstanding balance of the warehouse line of credit was $7.4 million and accrued interest was $9,433 with interest rates of 4.6%-9.5%. On October 6, 2025, Beeline Loans entered into an agreement with a different lender for a $5.0 million line of credit. The line was not renewed as of October 5, 2026 and all amounts due have been repaid. The interest rate was equal to the SOFR plus 3.00% for Agency Loans and SOFR plus 3.50% plus 0.50% stepped up after curtailments with a floor of 3.75% for Non-QM/DSCR Loans. Beeline Loans was required to provide the lender with annual audited financial statements within 90 days after the end of its respective fiscal year, monthly interim unaudited financial statements within 30 days of the end of said month, and an officer’s certificate and production report within 30 days of the end of each month. Beeline Loans was also subject to loan repurchase provisions as defined in the agreement and certain financial and non-financial covenants. As of September 30, 2026, Beeline Loans was in compliance with the covenants. Beeline Loans granted to the lender a security interest in and to all of Beeline Loans’ right, title, and interest in and to each mortgage loan in which the lender has acquired a warehouse interest. As of September 30, 2026, the outstanding balance of the warehouse line of credit was $0.3 million and accrued interest was $312 with interest rates of 6.7%-11.2%. As of December 31, 2025, the outstanding balance of the warehouse line of credit was $3.6 million and accrued interest was $6,534 with an interest rate of 6.8%. On October 7, 2025, Beeline Loans entered into an agreement with a different lender for a $5.0 million line of credit. The interest rate is equal to the greater of SOFR plus 3.00% or 6.00% for all agency, government and jumbo loans and the greater of SOFR plus 4.00% or 7.00% for all non-QM or second lien loans. Beeline Loans is required to provide the lender with annual audited financial statements within 90 days after the end of its respective fiscal year and monthly interim unaudited financial statements within 45 days of the end of said month, and a monthly compliance report with compliance certificate within 15 days of the end of each month. Beeline Loans is also subject to loan repurchase provisions as defined in the agreement and certain financial and non-financial covenants. As of September 30, 2026, Beeline Loans was in compliance with the covenants. Beeline Loans grants to the lender a security interest in and to all of Beeline Loans’ right, title, and interest in and to each mortgage loan in which the lender has acquired a warehouse interest. As of September 30, 2026, the outstanding balance of the warehouse line of credit was $1.1 million and accrued interest was $893 with interest rates of 5.8%-8.3%. As of December 31, 2025, the outstanding balance of the warehouse line of credit was $3.5 million and accrued interest was $10,625 with interest rates of 6.3%-7.5%. Loans committed for funding, included in current liabilities on the consolidated balance sheets, represent loans that have closed as of the reporting date but have not yet been funded through the Company’s warehouse lines of credit. These loans are typically funded within the first few days of the subsequent reporting period. The related loans are included in mortgage loans held for sale, net, at fair value in the consolidated balance sheets. As of September 30, 2026 and December 31, 2025, loans committed for funding were $1.8 million and nil, respectively. The Company has $16.0 million available for use under its warehouse lines of credit as of September 30, 2026. Beeline Holdings, Inc. Notes to Consolidated Financial Statements September 30, 2026 and 2025 (unaudited) Interest expense on the warehouse lines of credit was $0.5 million and $0.2 million for the nine months ended September 30, 2026 and 2025, respectively.

WAREHOUSE LINES OF CREDIT

9 Months Ended

Sep. 30, 2026

12. WAREHOUSE LINES OF CREDIT

On September 21, 2021, Beeline Loans entered into an agreement with a lender for a $10.0 million line of credit. The line automatically renews for successive one-year terms, unless terminated by Beeline Loans or the lender upon 60 days’ notice. The line was renewed on September 30, 2023 with a reduction in available funding from $10.0 million to $5.0 million. The line has subsequently been renewed with the latest renewal in October 2025 increasing the available funding to $15.0 million and subject to annual renewals. The interest rate is the greater of interest on the underlying loan or 4.25% - 5.50%, depending on how many loans Beeline Loans closes per month. Beeline Loans is required to provide the lender with annual audited financial statements, quarterly unaudited financial statements, monthly interim unaudited financial statements, and any other report submitted by independent accountants in connection with annual, interim or special audit of the books, if requested. Beeline Loans is also subject to loan repurchase provisions as defined in the agreement and certain financial and non-financial covenants. As of September 30, 2026, Beeline Loans was in compliance with the covenants. Beeline Loans grants to the lender a security interest in and to all of Beeline Loans’ right, title, and interest in and to each mortgage loan in which the lender has acquired a warehouse interest. As of September 30, 2026, the outstanding balance of the warehouse line of credit was $7.6 million and accrued interest was $23,428 with interest rates of 4.9%-9.0%. As of December 31, 2025, the outstanding balance of the warehouse line of credit was $7.4 million and accrued interest was $9,433 with interest rates of 4.6%-9.5%.

On October 6, 2025, Beeline Loans entered into an agreement with a different lender for a $5.0 million line of credit. The line was not renewed as of October 5, 2026 and all amounts due have been repaid. The interest rate was equal to the SOFR plus 3.00% for Agency Loans and SOFR plus 3.50% plus 0.50% stepped up after curtailments with a floor of 3.75% for Non-QM/DSCR Loans. Beeline Loans was required to provide the lender with annual audited financial statements within 90 days after the end of its respective fiscal year, monthly interim unaudited financial statements within 30 days of the end of said month, and an officer’s certificate and production report within 30 days of the end of each month. Beeline Loans was also subject to loan repurchase provisions as defined in the agreement and certain financial and non-financial covenants. As of September 30, 2026, Beeline Loans was in compliance with the covenants. Beeline Loans granted to the lender a security interest in and to all of Beeline Loans’ right, title, and interest in and to each mortgage loan in which the lender has acquired a warehouse interest. As of September 30, 2026, the outstanding balance of the warehouse line of credit was $0.3 million and accrued interest was $312 with interest rates of 6.7%-11.2%. As of December 31, 2025, the outstanding balance of the warehouse line of credit was $3.6 million and accrued interest was $6,534 with an interest rate of 6.8%.

On October 7, 2025, Beeline Loans entered into an agreement with a different lender for a $5.0 million line of credit. The interest rate is equal to the greater of SOFR plus 3.00% or 6.00% for all agency, government and jumbo loans and the greater of SOFR plus 4.00% or 7.00% for all non-QM or second lien loans. Beeline Loans is required to provide the lender with annual audited financial statements within 90 days after the end of its respective fiscal year and monthly interim unaudited financial statements within 45 days of the end of said month, and a monthly compliance report with compliance certificate within 15 days of the end of each month. Beeline Loans is also subject to loan repurchase provisions as defined in the agreement and certain financial and non-financial covenants. As of September 30, 2026, Beeline Loans was in compliance with the covenants. Beeline Loans grants to the lender a security interest in and to all of Beeline Loans’ right, title, and interest in and to each mortgage loan in which the lender has acquired a warehouse interest. As of September 30, 2026, the outstanding balance of the warehouse line of credit was $1.1 million and accrued interest was $893 with interest rates of 5.8%-8.3%. As of December 31, 2025, the outstanding balance of the warehouse line of credit was $3.5 million and accrued interest was $10,625 with interest rates of 6.3%-7.5%.

Loans committed for funding, included in current liabilities on the consolidated balance sheets, represent loans that have closed as of the reporting date but have not yet been funded through the Company’s warehouse lines of credit. These loans are typically funded within the first few days of the subsequent reporting period. The related loans are included in mortgage loans held for sale, net, at fair value in the consolidated balance sheets. As of September 30, 2026 and December 31, 2025, loans committed for funding were $1.8 million and nil, respectively.

The Company has $16.0 million available for use under its warehouse lines of credit as of September 30, 2026.

Beeline Holdings, Inc.

Notes to Consolidated Financial Statements

September 30, 2026 and 2025

(unaudited)

Interest expense on the warehouse lines of credit was $0.5 million and $0.2 million for the nine months ended September 30, 2026 and 2025, respectively.