Stearns Lending offers digital refi & purchase credit for first responders

Stearns Lending, LLC is recognizing the vital COVID-19 support contributions of first responders at the federal, state and local level by offering them a special lender credit on mortgage refinancing and home purchases through May 31, 2020.

The Lewisville, Texas based national mortgage lender is extending the credit to active military and National Guard members of all branches, law enforcement officers, firefighters, paramedics and emergency medical staff, physicians, physicians assistants, nurses, medical technicians, and medical lab personnel.

“We look forward to having the privilege of being able to serve these modern-day heroes during this time,” said David Schneider, Chief Executive Officer, Stearns Lending, LLC.

Stearns’ mortgage products include the whole spectrum of conventional home loans, doctor loan programs, “other loan programs that require little to no money down,” and flexible options fit for various financial situations, according to a release. 

Customers will benefit from one discount per loan application, must apply before May 31, 2020 and should close the loan on or before July 31, 2020. The offer excludes the Bond and Texas Vet program.

Qualifying homeowners and homebuyers should contact Stearns’ licensed affiliates, which operate in 49 states and the District of Columbia to inquire about their footprint. 

Only Premia Relocation Mortgage is present in all 50 states, while Stearns Home Loans lends in 49 states, except New York. Single state lending affiliates include Compass Home Loans in Hawaii, The Gibraltar Group Mortgage in Texas, Private Mortgage Advisors in California, and Results Mortgage in Minnesota.

All these mortgage loan originators have the tools to work remotely throughout the digital loan process by phone, email and video chat. 

“To make the mortgage process as streamlined as possible,” Stearns said, all borrowers and closing agents have access to a digital mortgage application, alternative home appraisals and employment verification options, and electronic loan closing.





Earth Day 2020 News

Planet Home renews partnership, supports NFF’s 50 million trees campaign

With a name like Planet, we probably shouldn’t be surprised. But even so, we’re shouting Bravo! to our friends at Planet Financial Group, LLC, the parent of non-bank lender Planet Home Lending. The organization has pledged to fund the planting of three trees for every loan closed this year, up to 30,000 trees by the end of 2020.

The national originator and servicer said it is celebrating Earth Day through several initiatives. In addition, the company renewed its partnership with The National Forest Foundation (NFF), an official nonprofit partner of the U.S. Forest Service, for a second year.

NFF is dedicated to promoting the restoration, stewardship and enhancement of 193 million acres of national forests and grasslands. NFF’s programs inform the public, help restore fish and wildlife habitats, plant trees especially in areas devastated by perennial fires, and improve recreational opportunities for all Americans. 

Planet Lending is participating in NFF’s 50 million trees campaign, a movement aiming to expand green spaces and replant national forests.

“It is important for us to be responsible to our planet and serve our customers, employees and communities in the best way possible,” said Michael Dubeck, CEO and president of Planet Financial Group, LLC.

The collaboration is part of nationwide efforts to encourage an environmentally friendly future. Planet Home Lending will help NFF plant native seedlings on publicly owned National Forests and in the process also help expand significant carbon reduction benefits.

Targeted reforestation of damaged areas and tree planting programs help clean air, filter water and keep forests healthy. This partnership is part of Planet Home Lending’s campaign “Planet with a Purpose, which focuses on being environmentally conscious,” according to a company release.

“Planet Home Lending is making a serious commitment to being good, active corporate citizens,” through its dedication to the environment, noted Wes Swaffar, director of reforestation and partnerships at NFF.

Thousand Hills farm calls on Americans to celebrate sustainability

In more Earth Day news, Thousand Hills farm in Clearwater, Minn., is calling to mind the health of our planet and its people by practicing regenerative agriculture, and calling on fellow Americans to celebrate sustainability. 

Thousand Hills, certified by the American Grassfed Association (AGA), uses regenerative agriculture practices that rely on “grazing techniques that rebuild topsoil, increase biodiversity, and maximize photosynthesis to sequester carbon while improving our watershed,” according to the farm’s website. Thousand Hills’ techniques currently are regenerating more than 500,000 acres of agriculture land across the United States with the goal of 2Million acres by 2025.

“If you are unsure of what you can do to be a more Earth conscious person in your everyday eating and buying habits,” says Matt Maier, farmer and owner of Thousand Hills, here are two ideas.

Switch your grocery shopping to local independent grocers and community food co-ops that “work diligently every day to source the highest integrity, cleanest food available,” he says, rather than big box stores. It is the best way to spend food dollars and become a more health conscious shopper positively affecting the U.S. food system. 

Another Earth-friendly tip is search out protein products that are 100% grass-fed, lifetime grazed, and third party certified by reputable agencies like AGA, which follow strict guidelines on the production of their goods from start to finish. 

“During these unprecedented times, Thousand Hills feels extremely fortunate to contribute to a thriving ecosystem, regenerative soils, healthy cattle,” and an opportunity to improve the health of people and the planet, Maier said.

Happy Earth Day!

NEXT Mortgage News logo

Stay in the know

Get the daily intel that impacts your customers, employees and market. 

Up NEXT eNewsletter — Industry news

Thank you!

Share This