Lender in Michigan · HMDA 2025
Sturgis Bank & Trust Company mortgages in Michigan
Sturgis Bank & Trust Company's 2025 home-purchase and refinance lending in Michigan, compared with all lenders in the state.
Sturgis Bank & Trust Company originated 273 owner-occupied single-family loans in Michigan from 338 completed applications.
Its median conventional purchase loan costs were $3,390 versus $4,140 for all Michigan lenders, at a median 30-year fixed rate of 6.50% (Michigan: 6.625%).
Loans in MI
273
of 338 applications
Denial rate
2.5%
Purchase · MI 7.8%
Rate spread
+0.36 pts
Conv. · MI +0.23 pts
Loan amount
$225,000
Purchase · MI $245,000
By loan purpose
| Purpose | Applications | Loans | Denial rate | 30-yr rate* | Rate spread* | Loan costs* | Median loan |
|---|---|---|---|---|---|---|---|
| Home purchase | 244 | 202 | 2.5% | 6.500% | +0.36 pts | $3,390 | $225,000 |
| Refinance | 25 | 20 | 4.0% | — | +0.11 pts | $3,080 | $165,000 |
| Cash-out refinance | 69 | 51 | 7.2% | 6.500% | +0.25 pts | $3,160 | $135,000 |
*Conventional loans only; medians with at least 20 loans.
Michigan counties where Sturgis Bank & Trust Company ranks in the top 25
| County | Rank | Loans | Market share |
|---|---|---|---|
| St. Joseph County | 2 | 76 | 9.7% |
| Branch County | 6 | 29 | 6.0% |
| Berrien County | 9 | 44 | 2.4% |
| Calhoun County | 11 | 40 | 2.2% |
| Van Buren County | 12 | 18 | 2.1% |
| Cass County | 12 | 9 | 1.4% |
Source: FFIEC/CFPB HMDA 2025 public LAR. Statistical profile, not a review or offer. Methodology