Stearns Lending

The parent of mortgage lender Stearns Lending filed for bankruptcy after agreeing with majority owner Blackstone Group to a debt-restructuring plan that will erase more than $180 million in bond.

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Stearns Lending’s policy is to treat all applicants and borrowers in a fair and consistent manner and without regard to race, color, religion, national origin, age (provided the applicant or borrower has legal capacity to enter into a binding contract), sex, marital status, disability, familial status, receipt of public assistance, or exercise of.

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Stearns Lending. An FHA approved lender, Stearns Lending has to offer different versions of fixed-rate and adjustable-rate mortgages, including FHA 203k loans, VA loans, Jumbo loans and USDA Rural loans. The company is based in Santa Ana, California and is served by more than 2,000 employees.

207 reviews from Stearns Lending employees about Stearns Lending culture, salaries, benefits, work-life balance, management, job security, and more.

Stearns lending. frequently asked questions. When was stearns lending founded?. stearns lending was founded in 1989.. How many employees does Stearns Lending have?. Stearns Lending has 1,520 employees.. Who are Stearns Lending competitors?. Competitors of Stearns Lending include loanDepot, United Shore Financial Services and Veritas Funding.

Headquartered in Santa Ana, California, Stearns Lending LLC is a major correspondent mortgage lender-they originate and fund home loans in their own name. In fact, the majority of their loans are retained and serviced by Stearns Lending instead of being re-sold to another lender.

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(Bloomberg) — Blackstone-backed mortgage lender Stearns Holdings LLC filed for bankruptcy as it seeks to clean up its debt-plagued balance sheet.The Chapter 11 filing in New York shows that.

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210 Stearns Lending jobs available on Apply to Specialist, Receptionist, Senior Loan Processor and more!

It’s been a little over a month since an announcement from Blackstone (BX) and Stearns Lending shook up the mortgage lending world. In August, Blackstone, a full-service, private-equity funded.