Stearns Lending is one of the largest privately held, non-bank lenders in the United States. In the last 25 years,
Stearns holds FNMA, GNMA, FHLMC, FHA and VA approvals and funded nearly $10 billion in home loans in 2016. The company securitizes the majority of its production and as of January 2017 its servicing portfolio totaled $17 billion.
Stearns Lending operating assets vastly increases our ability to service the needs of home buyers and the greater housing industry in both existing and new markets. We now have improved access to capital while remaining the entrepreneurial and nimble mortgage lender the industry knows us as. Stearns is an industry leader in its ability to effectively balance profitability and volume, while continuing our commitment to operating in compliance and providing customers with a level of service rarely seen in the financial world.”