Stearns Home Loans is a direct lender based in Santa Ana, CA. The company was founded in 1989 and offers mortgages to borrowers in 50 states across the USA (and Washington, DC).
Stearns Home Loans allows borrowers to apply for loan amounts of up to $2,000,000. Note that the maximum loan amount you can borrow will also vary depending on the type of mortgage you choose, regardless of the lender you choose..
Stearns Home Loans will typically fund mortgages within 14 and 28 days of approval.
Yes, Stearns Home Loans may charge a loan origination fee.
Yes, Stearns Home Loans charges additional fees to borrowers who pay off their loans sooner than anticipated. Take this into consideration when choosing a lender because prepayment fees can reduce or even cancel the interest savings of repaying a loan early.
Stearns Home Loans offers the following mortgage programs:
Some mortgage lenders restrict the type of usage borrowers give mortgaged properties. Stearns Home Loans allows the following property usage types: