The founder of Stearns Lending LLC has sold his home located in a wealthy Orange County, California, enclave for nearly $20 million.

Before founding the Santa Ana, California-based firm in 1989, Glenn B. Stearns says he was dyslexic, failed fourth grade, fathered a child at age 14, had a drinking problem and wound up in jail.

But Stearns — who along with his wife Mindy has repeatedly been honored for community service and philanthropy — overcame those obstacles and founded Stearns Lending at the age of 25.


Source: Mortgage Daily