Largest lenders in Lake County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Centier Bank | C | 1,050 | 671 | 22.8% | 8.50% |
| 2 | Rocket Mortgage | C | 1,049 | 748 | 20.0% | 6.63% |
| 3 | Guaranteed Rate | B | 735 | 470 | 4.9% | 6.55% |
| 4 | Fifth Third Bank | D | 607 | 283 | 34.8% | 8.00% |
| 5 | United Shore Financial Services | B | 592 | 416 | 12.8% | 6.38% |
| 6 | JPMorgan Chase Bank | B | 582 | 390 | 10.7% | 6.63% |
| 7 | Crosscountry Mortgage | B | 471 | 322 | 5.7% | 6.75% |
| 8 | First Financial Bank | D | 434 | 293 | 24.9% | 5.99% |
| 9 | Fairway Independent Mortgage | B | 434 | 329 | 4.4% | 6.75% |
| 10 | BMO Bank | F | 416 | 188 | 33.7% | 8.72% |
| 11 | TECH Credit Union | D | 403 | 377 | 2.0% | 7.24% |
| 12 | Old National Bank | B | 398 | 208 | 33.9% | 6.24% |
| 13 | Peoples Bank | C | 384 | 295 | 15.1% | 6.99% |
| 14 | Freedom Mortgage | B | 383 | 149 | 11.0% | 6.25% |
| 15 | Kiavi Funding | D | 381 | 251 | 11.0% | 9.95% |
| 16 | First Merchants Bank | C | 354 | 208 | 23.7% | 7.25% |
| 17 | Newrez | D | 333 | 115 | 23.4% | 6.88% |
| 18 | Broker Solutions | D | 326 | 131 | 10.1% | 6.88% |
| 19 | Lennar Mortgage | A | 319 | 256 | 6.6% | 5.13% |
| 20 | Loandepot.Com | D | 308 | 150 | 26.6% | 6.99% |
| 21 | 21st Mortgage | F | 307 | 34 | 69.7% | 11.89% |
| 22 | Mortgage Research Center | C | 300 | 138 | 19.0% | 6.25% |
| 23 | Pennymac Loan Services | C | 256 | 117 | 10.2% | 6.00% |
| 24 | Coastal Community Bank | C | 242 | 71 | 2.1% | 12.24% |
| 25 | AmeriSave Mortgage | D | 234 | 65 | 62.0% | 7.88% |
Best approval odds in Lake County
Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.
| # | Lender | Decided | Decision denial rate |
|---|---|---|---|
| 1 | American Community Bank of Indiana | 75 | 0.0% |
| 2 | Rf Renovo Management Company | 71 | 0.0% |
| 3 | University Bank | 117 | 0.0% |
| 4 | Gold Star Mortgage Financial Group | 185 | 1.1% |
| 5 | BoxCar Mortgage | 132 | 1.5% |
| 6 | Ruoff Mortgage Company | 151 | 2.0% |
| 7 | TECH Credit Union | 387 | 2.1% |
| 8 | Union Home Mortgage | 113 | 2.7% |
| 9 | Coastal Community Bank | 178 | 2.8% |
| 10 | Direct Mortgage Loans | 212 | 2.8% |
What Lake County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Lake County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 16,212 | 9,464 | 20.7% | 6.99% | $145,000 |
| 2024 | 18,057 | 10,802 | 19.8% | 6.99% | $155,000 |
| 2025 | 20,305 | 12,067 | 17.9% | 6.75% | $165,000 |
Frequently asked questions
17.9% of applications in Lake County were denied in 2025, against 16.6% statewide in Indiana.
Centier Bank, with 1,050 applications in 2025 and a denial rate of 22.8%.
The median mortgage application in Lake County in 2025 was for $165,000; the median property value on originated loans was $285,000.