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Solid Values. Stronger Banking.

Your Dream Home Starts With Sterra Mortgage

Competitive rates, flexible terms, and personalized service to help you buy or refinance your home.

Calculate Your Payment Explore Mortgage Options

Home Purchase

Rates from 6.25% APR

Refinance

Rates from 5.99% APR

FHA Loans

Low down payment

VA Loans

0% down for veterans

Jumbo Loans

For high-value homes

Mortgage Payment Calculator

Estimate your monthly payments and see how much home you can afford

$
$50K $2M
$
0% 20%
%
1% 15%
years
10y 30y

Estimated Payment

$1,724.67
Loan Amount $280,000
Interest Paid $340,880
Total Cost $620,880
Mortgage Type 30-Year Fixed
Principal
Interest
Apply Now Save Calculation

Our Mortgage Solutions

Find the right home loan for your situation

30-Year Fixed Mortgage

6.25%
Fixed APR
  • Up to $2.5M loan amount
  • Stable monthly payments
  • 10-30 year terms
  • 10-20% down payment
Apply Now Learn More
Popular

15-Year Fixed Mortgage

5.75%
Fixed APR
  • Lower interest rate
  • Build equity faster
  • Pay off home sooner
  • 10-20% down payment
Apply Now Learn More

5/1 ARM

5.25%
Intro APR*
  • Lower initial rate
  • Fixed for first 5 years
  • Adjusts annually after
  • Rate cap protection
Apply Now Learn More

Rate & Term Refinance

5.99%
Fixed APR
  • Lower your interest rate
  • Reduce monthly payment
  • Change loan term
  • No cash out
Apply Now Learn More
Best Value

Cash-Out Refinance

6.15%
Fixed APR
  • Access home equity
  • Lower rate than HELOC
  • Single monthly payment
  • Up to 80% LTV
Apply Now Learn More

FHA Streamline Refinance

5.75%
Fixed APR
  • For existing FHA loans
  • Reduced documentation
  • No appraisal required
  • Lower mortgage insurance
Apply Now Learn More

Standard FHA Loan

5.75%
Fixed APR
  • 3.5% minimum down payment
  • Credit scores as low as 580
  • Mortgage insurance required
  • Debt-to-income ratio up to 50%
Apply Now Learn More
Low Down Payment

FHA 203(k) Rehab Loan

6.00%
Fixed APR
  • Finance purchase + renovations
  • One loan for everything
  • 3.5% down payment option
  • Great for fixer-uppers
Apply Now Learn More

FHA Streamline Refinance

5.50%
Fixed APR
  • For existing FHA loans only
  • Reduced documentation
  • No appraisal required
  • Lower mortgage insurance
Apply Now Learn More

VA Purchase Loan

5.50%
Fixed APR
  • 0% down payment required
  • No mortgage insurance
  • Flexible credit requirements
  • For veterans and service members
Apply Now Learn More
No PMI

VA IRRRL Refinance

5.25%
Fixed APR
  • Lower your VA loan rate
  • No credit underwriting
  • No appraisal required
  • Reduced documentation
Apply Now Learn More

VA Cash-Out Refinance

5.75%
Fixed APR
  • Access your home equity
  • Up to 100% LTV
  • No mortgage insurance
  • Consolidate debt or make improvements
Apply Now Learn More

Standard Jumbo Loan

6.50%
Fixed APR
  • Loan amounts up to $3M
  • 10-20% down payment
  • Excellent credit required
  • 30-year fixed terms
Apply Now Learn More
High Value

Jumbo ARM

5.75%
Intro APR*
  • Lower initial rate
  • Fixed for 5-10 years
  • Loan amounts up to $5M
  • Interest-only options
Apply Now Learn More

Jumbo Portfolio Loan

6.25%
Fixed APR
  • For unique properties
  • Flexible underwriting
  • Non-traditional income accepted
  • Loan amounts over $3M
Apply Now Learn More

First-Time Homebuyer Programs

Special programs to help make homeownership more accessible

Low Down Payment

Options as low as 3% down for qualified buyers

Down Payment Assistance

Grants and loans to help with your down payment

Homebuyer Education

Free courses to prepare you for homeownership

Closing Cost Credits

Up to $2,000 in closing cost assistance

Check First-Time Buyer Eligibility

Simple Mortgage Process

From application to closing, we'll guide you every step of the way

1

Get Pre-Approved

Complete our quick online application and receive a pre-approval letter

2

Find Your Home

Work with a real estate agent to find your perfect home

3

Submit Documentation

Provide required documents through our secure portal

4

Underwriting

Our team reviews your application and verifies information

5

Closing

Sign final documents and get keys to your new home

What Our Customers Say

Hear from homeowners who've worked with Sterra Mortgage

"As first-time homebuyers, we were nervous about the process. Sterra's mortgage team guided us every step of the way and got us a great rate. We couldn't be happier in our new home!"

JM

Jessica & Mark

First-Time Homebuyers

"Refinancing with Sterra Bank saved us $350 per month on our mortgage payment. The online application was simple and our loan officer was incredibly responsive."

RD

Robert Dawson

Refinance Customer

Ready to Start Your Mortgage Journey?

Get pre-approved today and take the first step toward homeownership

Apply Now Call a Loan Officer

Mortgage FAQs

Answers to common questions about our mortgage products

Minimum credit score requirements vary by loan type. For conventional loans, we typically look for a score of 620 or higher. FHA loans may accept scores as low as 580 (with 3.5% down payment) or 500 (with 10% down). VA loans often require a minimum score of 620. Your interest rate will generally be better with higher credit scores.

Down payment requirements depend on the loan program:

  • Conventional loans: Typically 3-20%
  • FHA loans: 3.5% minimum
  • VA loans: 0% down for eligible veterans
  • Jumbo loans: Usually 10-20%
We also offer down payment assistance programs for qualified buyers.

The timeline can vary, but here's a general overview:

  • Pre-approval: 1-3 business days
  • Full approval: 30-45 days from application
  • Refinance: 30-45 days
We offer accelerated processing options for qualified borrowers.

Common documents include:

  • Pay stubs (last 30 days)
  • W-2s (last 2 years)
  • Tax returns (last 2 years)
  • Bank statements (last 2 months)
  • Photo ID
  • Proof of assets
Self-employed borrowers may need additional documentation.