Sturgis Bank & Trust Company mortgage approval rate & lending review
Sturgis Bank & Trust Company decided 457 mortgage applications and funded 390 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Sturgis Bank & Trust Company reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Sturgis Bank & Trust Company at a glance
Approval is 19.4 points above the 77.9% national rate for the same mix of loan types.
Approval rates by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 98% | 193 / 196 | 86% | $245K | 166 |
| Home improvement loans | 98% | 80 / 82 | 95% | $95K | 76 |
| Cash-out refinance | 99% | 67 / 68 | 85% | $115K | 57 |
| Investment property purchase | 97% | 58 / 60 | 90% | $345K | 52 |
Sturgis Bank & Trust Company lending by state
Fat Boy Data covers 616 counties, 79.6% of the US population, not every county in every state. States with fewer than 20 decisions are not listed.Methodology.
Where Sturgis Bank & Trust Company lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Berrien County, MI | Mortgage lenders | 97% | 68 | 54 |
| Berrien County, MI | Home improvement loans | 100% | 49 | 48 |
| Calhoun County, MI | Mortgage lenders | 100% | 48 | 38 |
| Berrien County, MI | Investment property purchase | 98% | 41 | 36 |
| Kalamazoo County, MI | Mortgage lenders | 97% | 35 | 32 |
| Berrien County, MI | Cash-out refinance | 100% | 21 | 19 |
| Calhoun County, MI | Cash-out refinance | 100% | 21 | 17 |
The county markets where Sturgis Bank & Trust Company made the most loans. Each link opens that market with every lender ranked.
Questions about Sturgis Bank & Trust Company
What is Sturgis Bank & Trust Company's mortgage approval rate?
Sturgis Bank & Trust Company approved 97.4% of the 457 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 19.4 points above the 77.9% national rate for the same mix of loan types.
How often do borrowers take the loan Sturgis Bank & Trust Company offers?
Borrowers accepted 88% of the loans Sturgis Bank & Trust Company approved, against 96% for all home purchase mortgage lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does Sturgis Bank & Trust Company make?
The typical home purchase mortgage loan Sturgis Bank & Trust Company made was $245K; across all loan types its typical loan ran from $95K to $345K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Sturgis Bank & Trust Company lend?
Sturgis Bank & Trust Company decided applications in 4 of the states Fat Boy Data covers, most of them in Michigan, Indiana and Florida.
Can I apply to Sturgis Bank & Trust Company directly?
Yes. Sturgis Bank & Trust Company is a bank or credit union with 17 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Sturgis Bank & Trust Company's interest rates?
No. HMDA filings record who applied, who was approved and how much was borrowed, not the rate offered. Use the approval rate and take-up here to judge how Sturgis Bank & Trust Company treats applications, then get a rate quote from the lender.