Local lending intelligence · HMDA 2023–2025
Mortgage and lending data for Lake County, Illinois
Every institution that decided a 1–4 unit mortgage application in Lake County, home to Waukegan, between 2023 and 2025: 44,693 applications, 35,054 loans actually funded, across 8 kinds of borrowing.
Lake County at a glance
44,693Applications decided
2023–2025
35,054Loans funded
78% of decisions
159Census tracts
29 ZIP codes
711,885People
ACS 2023
What the data shows
The typical purchase mortgage here is $305K.
Investment home improvement is the hardest money to get here: lenders approved 46% of 209 applications.
Lending by loan type in Lake County
| Loan type | Approval | Decided | Typical loan | Taken up | Lenders |
|---|---|---|---|---|---|
| Mortgage lenders | 90.8% | 22,682 | $305K | 97% | 479 |
| Home improvement loans | 62.9% | 5,973 | $95K | 91% | 145 |
| Cash-out refinance | 71.1% | 6,739 | $185K | 94% | 277 |
| Refinance | 80.1% | 6,114 | $305K | 95% | 297 |
| Investment property purchase | 88.5% | 2,107 | $185K | 96% | 268 |
| Investment cash-out refinance | 77.0% | 514 | $185K | 93% | 118 |
| Investment refinance | 80.8% | 355 | $185K | 95% | 114 |
| Investment home improvement | 46.4% | 209 | $105K | 89% | 59 |
Approval is the share of decided applications lenders approved; taken up is the share of approvals borrowers accepted. How the numbers work.