Investment property improvement lenders in Lake County, Illinois
Fat Boy Data analyzed investment home improvement loan activity in Lake County, Illinois, home to Waukegan, to show which lenders are making these loans, how often they approve, how often borrowers accept the offer, and how much they typically finance. 209 applications were decided by 59 lenders between 2023 and 2025.
Lake County at a glance
How Lake County compares
What the data shows
The Huntington National Bank made the most investment home improvement loans in Lake County, IL, 6 of them.
BMO Bank National Association approved the highest share of applications among lenders with at least 20 decisions here, 23% of 22.
The typical investment home improvement loan here is $105K, 11% larger than the Illinois typical of $95K.
No lender with a meaningful sample here has a typical investment home improvement loan at or below $35K, so small jobs are poorly served by the banks in this market.
Investment property improvement lenders in Lake County
| Lender | Approval | Approved | Taken up | Typical loan | Loans made | |
|---|---|---|---|---|---|---|
| 1 | BMO Bank National Association | 23% | 5 / 22 | 100% | $215K | 5 |
| 2 | Fifth Third Bank, National AssociationLimited sample | 12% | 2 / 16 | 100% | $105K | 2 |
| 3 | The Huntington National BankLimited sample | 64% | 7 / 11 | 86% | $105K | 6 |
| 4 | PNC Bank, National AssociationLimited sample | 27% | 3 / 11 | 100% | $105K | 3 |
| 5 | U.S. Bank National AssociationLimited sample | 9% | 1 / 11 | 100% | $105K | 1 |
Ranked by lending volume. Approval is the share of decided applications a lender approved; taken up is the share of approvals borrowers accepted. Lenders with fewer than 20 decisions are marked as a limited sample and never used for a “highest approval” claim.How the numbers work.
Fat Boy found 54 more lenders.
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You are seeing the 5 largest investment home improvement loan lenders in Lake County. Unlock the full market: every lender that decided one of these loans here, what they approved, how much borrowers took, and how close the nearest office is.
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