Stearns Lending introduces new loan program with lower payments for first two years

With loan originations on the decline, it seems that lenders are stepping “out of the box,” so to speak, when it comes to targeting prospective borrowers. Some lenders are offering 1% down payment programs, but what about borrowers that are more concerned with their monthly payment as opposed to their upfront costs? Stearns Lending claims to have an answer for that.

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