WAREHOUSE LINE OF CREDIT	12 Months Ended
Dec. 31, 2024
Warehouse Line Of Credit
WAREHOUSE LINE OF CREDIT	13. WAREHOUSE LINE OF CREDIT On September 21, 2021, the Company 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 the Company or 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 through September 21, 2025 at the current $5.0 million limit subject to lender discretion. The interest rate is the greater of interest on the underlying loan or 4.25% - 5.50%, depending on how many loans the Company closes per month. The Company is required to provide the lender with annual audited financial statements, quarterly unaudited financial statements, and monthly interim unaudited financial statements if requested. The Company is also subject to loan repurchase provisions as defined in the agreement and certain non-financial covenants. The Company grants to the lender a security interest in and to all of the Company’s right, title, and interest in and to each mortgage loan in which the lender has acquired a warehouse interest. As of December 31, 2024, the warehouse line of credit and accrued interest outstanding balance was $6.1 million. The lender allowed the draws to exceed the $5.0 million line of credit. Interest expense on the warehouse line of credit was $0.1 million for the period October 8, 2024 through December 31, 2024. Beeline Holdings, Inc. Notes to Consolidated Financial Statements December 31, 2024 and 2023

WAREHOUSE LINE OF CREDIT

12 Months Ended

Dec. 31, 2024

13. WAREHOUSE LINE OF CREDIT

On September 21, 2021, the Company 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 the Company or 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 through September 21, 2025 at the current $5.0 million limit subject to lender discretion. The interest rate is the greater of interest on the underlying loan or 4.25% - 5.50%, depending on how many loans the Company closes per month. The Company is required to provide the lender with annual audited financial statements, quarterly unaudited financial statements, and monthly interim unaudited financial statements if requested. The Company is also subject to loan repurchase provisions as defined in the agreement and certain non-financial covenants. The Company grants to the lender a security interest in and to all of the Company’s right, title, and interest in and to each mortgage loan in which the lender has acquired a warehouse interest. As of December 31, 2024, the warehouse line of credit and accrued interest outstanding balance was $6.1 million. The lender allowed the draws to exceed the $5.0 million line of credit. Interest expense on the warehouse line of credit was $0.1 million for the period October 8, 2024 through December 31, 2024.

Beeline Holdings, Inc.

Notes to Consolidated Financial Statements

December 31, 2024 and 2023