Sturgis Bank & Trust in Indiana vs the state
2.0%Denial rate-14.61 pts vs state
2.1%Decision denial rate-18.06 pts vs state
80.4%Origination rate+18.14 pts vs state
7.00%Median rate+0.25 pts vs state
0.36Rate spread (pts)0.00 pts vs state
$100kMedian applicant income
41Loans originated
1Denied
Trend in Indiana
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 12 | 9 | 25.0% | — | #496 |
| 2024 | 10 | 6 | 0.0% | — | #527 |
| 2025 | 51 | 41 | 2.0% | 7.00% | #347 |
What Sturgis Bank & Trust lends in Indiana
By loan purpose
By loan type
Why it denied Indiana applicants
Where in Indiana
Counties with the most Sturgis Bank & Trust applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Elkhart County | 21 | 18 | 0 | 0.0% |
| LaGrange County | 15 | 11 | 1 | 6.7% |
| St. Joseph County | 7 | 6 | 0 | 0.0% |
| Steuben County | 6 | 4 | 0 | 0.0% |
| Boone County | 1 | 1 | 0 | 0.0% |
| Howard County | 1 | 1 | 0 | 0.0% |
Other large lenders in Indiana
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 13,503 | 18.6% | 6.75% |
| Ruoff Mortgage Company | A | 8,860 | 4.0% | 6.75% |
| Fifth Third Bank | D | 8,693 | 27.6% | 7.75% |
| United Shore Financial Services | B | 8,659 | 12.2% | 6.38% |
| Freedom Mortgage | B | 5,454 | 8.9% | 6.25% |
| Newrez | D | 5,421 | 18.2% | 6.63% |
| First Merchants Bank | C | 5,114 | 19.9% | 6.76% |
| Fairway Independent Mortgage | B | 4,813 | 7.4% | 6.75% |
| Mortgage Research Center | C | 4,791 | 19.0% | 6.25% |
| PNC Bank | D | 4,724 | 25.1% | 7.55% |
Frequently asked questions
Indiana: 51 applications in 2025, of which 41 were originated and 1 denied.
2.0% of all applications, or 2.1% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.
The median rate on loans Sturgis Bank & Trust originated in Indiana in 2025 was 7.00%, against a statewide median of 6.75%.
About this data. Figures are Sturgis Bank & Trust's own HMDA filing for properties located in Indiana, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology