Lake Forest Bank & Trust Company at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the A grade breaks down
Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
86th2.5% deniedProcesswithdrawn + incomplete share, weight 15%
59th9.7%Trend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 81 | 61 | 4.9% | 6.2% | — | $51M |
| 2024 | 138 | 105 | 3.6% | 4.5% | — | $127M |
| 2025 | 176 | 155 | 2.3% | 2.5% | — | $175M |
What Lake Forest Bank & Trust Company lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 0 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 41 investment properties.
Why Lake Forest Bank & Trust Company denies applications
Primary reason reported for each of the 4 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Lake Forest Bank & Trust Company
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Over $250k | 114 | 99 | 2.0% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 24 | 19 | 13.6% |
| 35–44 | 45 | 39 | 0.0% |
| 45–54 | 26 | 24 | 4.0% |
| 55–64 | 28 | 25 | 0.0% |
Where Lake Forest Bank & Trust Company lends
17 states and 45 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Illinois | 81 | 76 | 0.0% | — | #381 |
| California | 34 | 29 | 5.9% | — | #572 |
| Florida | 33 | 25 | 3.0% | — | #670 |
| Minnesota | 7 | 6 | 0.0% | — | #515 |
Frequently asked questions
Lake Forest Bank & Trust Company denied 2.5% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 86th percentile of small mortgage lenders.
The most common reason Lake Forest Bank & Trust Company gave in 2025 was "collateral", cited on 100.0% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.
In 2025, 57% of its applications were for home purchases, 39% for refinancing (including cash-out), and 5% for home improvement or other purposes. By loan type: 100% conventional, 0% FHA, 0% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.