What are my options to submit loans as a Stearns Retail Branch Partner?
The expectation is that most loans (85-90%) will be submitted to Stearns and the branch will have access to prod-ucts and guidelines online, as well as direct communication with the sponsoring Wholesale Operations Branch, and the Account Executive that will be assigned to you. The loans will be submitted as a lender and the branch will not have to disclose YSP, as they will not show up on the HUD closing statement.
