But Glenn's life course has not been all about exceeding expectations and building a successful business. Fast forward to 2020, Meighan received a call to do a follow-up show for Discovery where Stearns would mentor small businesses during the challenge of a global pandemic. Glenn B. Stearns, founder and CEO of Stearns Lending, is selling his seven-bedroom house in Newport Coast for $23 million. Hence, the TV segment, Undercover Billionaire will be an interesting turntable on Tuesday, August 6, at 10 p.m. ET/PT on Discovery or DiscoveryGo. Glenn Bryant Stearns (born 1963) is an American businessman, and the founder of Stearns Lending. In October 2003, Stearns married Mindy Burbano, who was an entertainment reporter for Entertainment Tonight and KTLA in Los Angeles. Stearns also has two young daughters and is also a grandfather to at least two kids. and also a Horatio Alger Award Winner, an Entrepreneur, Philanthropist, Mentor, Proud Father and Husband. Stearns founded the mortgage company that carries his name, Stearns … Glenn Stearns is the subject of Discovery's "Undercover Billionaire," the show where the billionaire is tasked to make a new million dollar business from scratch in 90 days. 969 talking about this. [8] Stearns Lending was the fifth-largest privately held mortgage lender in the US in 2013.[2]. Her journey also illustrates the power of holding a big vision, seizing opportunities, and having faith in living your wildest dreams. Once I let go of fear, I truly felt freedom and it boosted my confidence that my aspirations could absolutely come to fruition.  While some of his friends lost their lives to drugs and alcohol, and others spent time in prison, Glenn's path intersected with mentors who gave him motivating examples of how to not meet the fate of his friends and instead take control his destiny. The name Glenn Stearns is also a well-known and well-known business entrepreneur. In 2013, Stearns Lending became the #1 Wholesale lender in America. The report also reads: "Court documents reveal that Glenn Stearns owns 29% of the company, which … By 2010, Stearns Lending LLC reached nearly $1 billion a month in funding while experiencing record growth. Despite not being born into a wealthy family, Glenn was able to rise to the top and build a successful career for himself. He fathered a child at the age of 14 and graduated high school in the bottom ten-percent of his class. [5] Stearns' parents divorced when he was 17. From underdog to Undercover Billionaire, Glenn Stearns is a rags-to-riches story that shows what can be accomplished with grit and determination. Glenn has tapped mortgage powerhouse Yvonne Ketchum to lead this new endeavor as President of Kind Lending. It wasn't until I was an adult and learned that often times the best things in life come to you wrapped in packages that appear to be full of failure and disappointment. Kind Lending, national wholesale mortgage lender and second brainchild to mortgage veteran Stearns, announced that the lender originated $1 billion in the first six months of production – a feat that took Stearns first company, Stearns Lending, 15 years to accomplish. He is well recognized as the founder of Stearns Lending. Business oriented people are the most famous and also rich people in the world. Many have compared his journey to the fictional character Forrest Gump. Discovery, Inc. By 2010, Stearns Lending reached nearly $1 billion a month in funding while experiencing record growth. Stearns Lending is the 2nd largest privately held mortgage company in the U.S.. While most were negatively looking backward and believing failure was imminent, I was looking forward and found the rewards were waiting right there all along - deeper and greater than I could've dreamed. From this vision, Kind Lending was born. Stearns is one of the largest mortgage lenders in the US As of 2013, Stearns was the fifth-largest privately held lender nationwide. The family lived in a low-income apartment complex in the suburbs of Washington D.C.[4] Stearns was a socially adept child but struggled in school. Charlene now manages Glenn's escrow company. Glenn Stearns is the Founder and CEO of Kind Lending, LLC. His father worked as a printer, and his mother clerked at the local grocery store and cleaned homes. In 2011, Glenn was the youngest member ever inducted into The Horatio Alger Association of Distinguished Americans. Horatio Alger Members personally fund and award $9 million dollars annually in college scholarships to thousands of young students who demonstrate strength in the face of adversity, using their extreme hardships as motivators for achievement. To this day, these are values Glenn continues to put first.  He took that life-changing encouragement and ran with it. At 25, after working as a loan officer for 10 months, Glenn formed his own mortgage company Stearns Lending LLC.  Glenn became the first person in his family to attend college and graduated with a degree in economics from Towson University. This is a mantra Glenn and his wife, Mindy Stearns, live by through their various affiliations to help others. Since 2010, Stearns Lending LLC has funded over 30-billion dollars in loans, making the corporation America’s #1 Wholesale Lender in 2013 for two years in a row. "); traveling with astronauts and Vice Presidents; competing and winning the reality TV show "Gilligan's Island"; to owning a Montana ranch with John Elway and a private Caribbean island with Sir Richard Branson. Growing up in a low-income suburb of Washington, DC, he attributes hope, hard work and mentors as the influences that helped him break free from hardship, overcome numerous challenges, and dare to live his wildest dreams.Glenn was born to alcoholic parents, diagnosed dyslexic, and failed 4th grade. Something went wrong while submitting the form. Mindy's life story is as fascinating as Glenn's.  That's the belief and life of Glenn Stearns.The ideals and possibilities of the American Dream are important for Glenn to share, as he believes that adversities are an ideal foundation for success. Stearns sold 70% of Stearns Lending to Blackstone in 2015, but retains a 29% stake, per USA Today. Charlene now manages Glenn's escrow company. Glenn is known for his unrivaled track record for turning his vision and passion into reality through hard work, determination and grit. In October of 2003, Glenn appeared on The Oprah Winfrey Show with his new bride Mindy. Charlene's mother is a woman named Kathy who was 17 at that time. He is the star of the Discovery Channel's Undercover Billionaire and subsequent founder of Underdog BBQ in Erie, Pennsylvania. USA Today also reported that the company has … He was humiliated when he failed the fourth grade. ... Stearns’s company saw its revenue drop by 80 percent. As a mentor himself, he extends his stories of success through his podcast, Grit Happens, his social media channels and inspires hope in the show, Undercover Billionaire on the Discovery Channel. Glenn Stearns, a mortgage firm founder who stars in the series "Undercover Billionaire,” actually boasts a net worth of roughly $500 million, according to an investigation by Forbes. Horatio Alger Members personally fund and award $9 million dollars annually in college scholarships to thousands of young students who demonstrate strength in the face of adversity, using their extreme hardships as motivators for achievement. By 2010, Stearns Lending LLC reached nearly $1 billion in monthly funded loan volume while experiencing record growth. Glenn Stearns is convinced that his struggle and adversity were great teachers. 'Undercover Billionaire': Glenn Stearns shows how to set up a million-dollar company in 90 days on Discovery's new docuseries. In October of 2003, Glenn appeared on The Oprah Winfrey Show with his new bride Mindy. So I began fighting for my desires: digging deep, communicating, and giving my vision all that I had. Glenn or one of the Team Glenn representatives will be in touch soon. 32.7k Followers, 690 Following, 346 Posts - See Instagram photos and videos from Glenn Stearns (@glennstearns)  He compensated for the mistakes he made and the guidance he lacked by deciding to not take shortcuts and living from a place of integrity. Glenn Stearns is the Founder and Chairman of Stearns Lending, LLC. Tune in bio of Glenn Stearns and explore more about his age, height, weight, […] Take a look at this memorable Oprah episode below. Glenn Stearns is undoubtedly one of the biggest names in mortgage lending over the last 30 years. Daring to create an environment where our employees, realtor and builder partners, and clients would have the opportunity to achieve great things, Glenn Stearns founded Stearns … Equipped with nothing more than $100, an old pick-up truck, and a cellphone, Glenn was charged to anonymously build a business valued at $1 million in 90 days. Entrepreneur, Mentor, Podcaster, and Philanthropist From underdog in life to starring in Discovery Channel’s Undercover Billionaire. If you thought the coveted 'American Dream' is dead, and that only people born into wealth can succeed in this cut-throat world, then Glenn Stearns is out here to prove you wrong. At 25, after working as a loan officer for 10 months, Glenn formed his own mortgage company, Stearns Lending. Stearns even feels she’s more of a sister than a daughter. Scenes from the show. And in the convening years, Stearns helped build the company into one of … Learn more about Mindy at MindyStearns.com, Undercover Billionaire on the Discovery Channel. When Stearns was 14 years old, Stearns' eldest child, Charlene, was born. The Stearns have been honored for their dedication to community service and philanthropy with Starkey Hearing Foundation's "American Couple of the Year Award," Orange County's "Giving Is Living Award,” and the 2014 Athlete's First - Orangewood Children's Foundation's "Golden Heart Award" for leadership and impact on youth. Glenn Stearns founded the company in 1989. [7][2] He was chief executive officer (CEO) from its founding until May 2012 when Stearns named Brian Hale, former president and national production executive of MetLife Home Loans, as his successor. Stearns Lending, LLC is an American wholesale, retail and correspondent lender. Billionaire Glenn Stearns believes so much in the American Dream that he embarked on an exciting social experiment — and shared his valuable advice for prosperity along the way. Mentors act as a compass expanding our view of how to navigate life and business. [10], Apart from his eldest daughter Charlene, Stearns has three sons named Skyler, Colby, and Trevor and two daughters who often appear on Mindy's Instagram. [2] He is the star of the Discovery Channels's Undercover Billionaire and subsequent founder of Underdog BBQ in Erie, Pennsylvania. His unusual climb to the top has also led him to profound experiences and life lessons outside of the board room. Glenn Stearns. In 2013, Glenn became the youngest member elected to the Association's prestigious Board of Directors. Glenn Stearns is an American businessman, and the founder of Stearns Lending. Glenn Stearns was born in 1963 in Silver Spring, Maryland, and grew up in a low-income apartment complex. The Award is given to select Americans, many historical and global change makers, in recognition of personal and professional success despite challenging starts in life. Stearns not only survived the 2007 mortgage-lending crisis, it emerged as one of the top lenders in the country. In 2013, Glenn became the youngest member elected to the Association's prestigious Board of Directors.A two-time cancer survivor, Glenn sold Stearns Lending prior to embarking on a multi-year sabbatical with his family. Meighan ended up being featured on the show for about a minute. Stearns not only survived the 2007 mortgage-lending crisis, it emerged as one of the top lenders in the country. Glenn's adventures range from being in the courtroom the day of the OJ Simpson murder case closing arguments ("If it doesn't fit, you must acquit. It's the silver linings that make for the best success and best stories of our lives. Stearns also has two grandchildren. At one point in my teens, I felt like I let the world down and my life was over. Back in July 2019, Stearns Holdings filed for bankruptcy. Members must have also made giving back to others an imperative cornerstone of their success. Upon his return, Glenn starred in a reality show, Undercover Billionaire, on the Discovery Channel. Court documents reveal that Glenn Stearns owns 29% of the company, which has assets of $1.22 billion and liabilities of $1.16 billion. With more than 20 years of rich experience in sales and operations– and a deep desire to help others succeed – Yvonne will accelerate the growth of this company and support each individual who is a part of the team. Mentors inspire us to dare greatly, support us during difficult times, and benefit us in becoming better people.Glenn has been surrounded by mentors who have helped to shape his life both personally and professionally. He is the star of the Discovery Channels’s Undercover Billionaire and subsequent founder of Underdog BBQ in Erie, Pennsylvania. Thank you for reaching out to Glenn Stearns.  While waiting tables, Glenn continued to search for new opportunities to rise above his humble beginnings.