Definitions for "Warehouse Fee"
Charged by the Lender to hold the loan locally before selling it in the secondary mortgage market to an investor.
fee charged by the lender for the depositing of loans by the lender such as a mortgage company, and a bank, for sale at a later date. This is done when the mortgage company wishes to assemble a block of loans for sale, or when the company believes that the discount rate is dropping and the loan maybe sold for a higher price in the future.
closing fee charged by a wholesale lender.