Stearns Lending Closes Shared Equity Partnership Deal With Certainty Home Loans

Stearns Lending has announced the close of its shared equity partnership deal with Certainty Home Loans, an Independent Mortgage Banker.

 

“Today’s successful mortgage companies understand the power of economies of scale and combined resources. Certainty Home Loans’ strong retail, consumer-centric model along with our wholesale, retail and strategic alliance sectors, allows us to provide our employees, customers, and partners with industry-leading technology and resources that help the dream of homeownership become a reality,” said David Schneider, Chief Executive Officer of Stearns Lending. “For Stearns Lending, the partnership helps accelerate the growth of Stearns’ retail sales channel and broadens our geographic footprint.”

 

This partnership launches Stearns’ new Preferred Partner Platform, which leverages Stearns’ experience with its current Joint Venture business model which currently operates under 10 different brands across the country. As the first Preferred Partner, Certainty Home Loans has access to Stearns’ technology, direct access to capital markets expertise, and operational excellence.

 

“By leveraging Stearns’ advanced technology platform to streamline and improve interactions with partners, customers and each other, this partnership allows Certainty Home Loans to accelerate growth plans,” said Jim Clapp, President of Certainty Home Loans.

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