What is stearns lending? Founded in 1989, Stearns Lending is a national wholesale and retail mortgage lender. The company offers home loan products directly to consumers at its retail branches, through approved mortgage brokers or through correspondent partnerships with mortgage banks that underwrite Stearns’ loans.How do i apply for a stearns digital loan? Customers can use Stearns Digital to complete a loan application on a desktop, mobile device or through the lender’s app. Disclosure process. Lenders must provide a loan estimate within three business days of receiving an application. Once you give the green light to move forward, your application goes directly to the underwriter for approval.What credit score is needed for a stearns lending mortgage? Stearns Lending offers mortgages in 49 states and the District of Columbia. New York is the only state the company doesn’t operate in. Borrowers must have a credit score of 580 or above for a Stearns Lending FHA mortgage. Stearns doesn’t advertise on its website whether it offers manual underwriting for borrowers with special circumstances.What is stearns doing now? Now, with Stearns himself no longer involved in his eponymous company, Stearns is moving forward in the mortgage business with a new company that will focus on wholesale lending.
Stearns Digital. Say good-bye to paperwork and hello to your new home! Stearns Digital streamlines home financing and puts the power right in your hands. Whether you’re a first-time homebuyer or you’ve been through the process before, you’ll enjoy an efficient journey to homeownership. This app keeps things moving quickly as you e-sign