State Bank of the Lakes in Illinois vs the state
12.1%Denial rate-5.00 pts vs state
13.3%Decision denial rate-8.35 pts vs state
75.8%Origination rate+17.02 pts vs state
—Median rate
—Rate spread (pts)
$99kMedian applicant income
25Loans originated
4Denied
Trend in Illinois
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 24 | 19 | 12.5% | — | #569 |
| 2024 | 27 | 20 | 11.1% | — | #545 |
| 2025 | 33 | 25 | 12.1% | — | #525 |
What State Bank of the Lakes lends in Illinois
By loan purpose
By loan type
Why it denied Illinois applicants
Where in Illinois
Counties with the most State Bank of the Lakes applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Lake County | 19 | 14 | 2 | 10.5% |
| McHenry County | 6 | 6 | 0 | 0.0% |
| Cook County | 5 | 3 | 2 | 40.0% |
| DuPage County | 1 | 0 | 0 | 0.0% |
| Will County | 1 | 1 | 0 | 0.0% |
| Kendall County | 1 | 1 | 0 | 0.0% |
Other large lenders in Illinois
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Guaranteed Rate | B | 17,479 | 4.9% | 6.63% |
| Rocket Mortgage | C | 16,971 | 19.7% | 6.75% |
| United Shore Financial Services | B | 15,644 | 13.0% | 6.50% |
| JPMorgan Chase Bank | B | 13,574 | 9.7% | 6.49% |
| U.S. Bank | D | 10,076 | 38.3% | 7.00% |
| Crosscountry Mortgage | B | 8,779 | 4.5% | 6.75% |
| Fifth Third Bank | D | 8,628 | 32.1% | 7.50% |
| The Huntington National Bank | D | 8,226 | 31.9% | 6.99% |
| BMO Bank | F | 8,007 | 32.7% | 8.33% |
| Loandepot.Com | D | 7,019 | 17.7% | 6.88% |
Frequently asked questions
Illinois: 33 applications in 2025, of which 25 were originated and 4 denied.
12.1% of all applications, or 13.3% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.
This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).
About this data. Figures are State Bank of the Lakes's own HMDA filing for properties located in Illinois, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology