Stearns Lending begins offering $1 million+ loans with only 10% down

Last week, Stearns Lending announced that is was expanding by acquiring the mortgage production channels of Primary Capital Mortgage. On Wednesday, Stearns Lending announced another expansion, but this one isn’t an acquisition. Rather, Stearns is expanding its loan offerings to include a new mortgage offering for borrowers looking for million-dollar houses.
Source: Housing Wire

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