Stearns Information

Headquartered in Santa Ana, California, Stearns Lending, Inc., and its affiliated entities, have provided 23 years of exceptional mortgage lending services throughout the United States where licenses are held. Stearns' business channels include wholesale, retail and correspondent lending; financial institutions mortgage outsourcing services and credit union mortgage outsourcing services. Stearns is licensed and approved to conduct business in 49 states with HUD (United States Department of Housing and Urban Development). Additionally, Stearns is an approved Single Family Issuer for Ginnie Mae (Government National Mortgage Association); an approved Seller/Servicer for FNMA (Federal National Mortgage Association), also known as Fannie Mae; and, an approved Seller/Servicer for FHLMC (Federal Home Loan Mortgage Corporation), also known as Freddie Mac. Stearns is also approved for VA (United States Department of Veterans Affairs), USDA (United States Department of Agriculture), and is an approved lending institution with FHA (Federal Housing Administration). the 4th largest Residential Lender Ranked by Wholesale Volume (2012 Q2); a Top 20 (2012-Q2) Residential Lender Ranked by FHA/VA Volume; and has become the 5th largest Privately Held Lender nationwide.* Stearns, as a company, funded $25 Billion over the past three years (representing 100,000+ loans funded "In-house").