Sturgis Bank

Government Mortgages

We also offer government mortgage loans including FHA (Federal Housing Authority) Loans. USDA Guaranteed Rural Development Loans are available with 100% financing (no down payment required).

A government mortgage, such as a Federal Housing Administration (FHA) loan or a USDA Rural Development Loan, offers several benefits to eligible borrowers. One of the most significant benefits is that these loans often require a lower down payment than conventional mortgages, which can make homeownership more accessible to individuals who may not have a significant amount of savings. Additionally, these loans typically have more lenient credit score and income requirements, which can help borrowers with less-than-perfect credit or lower income levels qualify for a mortgage. Another benefit of government mortgages is that they may offer lower interest rates than conventional mortgages, which can save borrowers thousands of dollars over the life of their loan.

Contact a Loan Officer Today

Our experienced loan officers are ready to help you find the right mortgage option to fit your unique needs. Whether you're a first-time home buyer, looking to refinance, or investing in property, we're here to guide you through the process and answer any questions you may have.

Contact us today to schedule a consultation with one of our loan officers and take the first step toward achieving your home ownership goals.

Loans subject to credit approval. Sturgis Bank NMLS#407562.

Meet the Lending Team




Mortgage Center

Mortgage Center

We are more than happy to help with your home buying process. Interested in applying for a loan? Click below!

Apply Now