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At State Bank of the Lakes we're here to provide you with financial solutions for all your lending needs. Whether you are looking for a loan, mortgage, or line of credit, our knowledgeable and experienced lending team will explain our lending options to you in a straightforward manner.

Unlike big banks, at State Bank of the Lakes we're proud to make all lending decisions here in Antioch, Lindenhurst, Grayslake, Spring Grove and Lake Villa. Since our decision-makers work in the bank each day, they'll review your loan application and respond within a few days. Our goal is to make getting a loan an easy and stress-free process!

Some of our loan products include:


Home Equity Line of Credit

Our home equity lines of credit can be used for a variety of purposes, may be tax deductible (consult your tax advisor) and provide a lower cost way to borrow for:

  • Improving your home
  • Purchasing a vehicle
  • Paying off medical bills
  • Consolidating debt
  • Paying off a credit card balance while lowering your cost of borrowing

Give us a call or stop in today for more information.


Real Estate Lending

Real Estate Lending 

State Bank of The Lakes services Northeastern McHenry County and Northern Lake County, Illinois and Southern Kenosha and Walworth Counties in Wisconsin.

All of our mortgages are serviced locally out of our Real Estate Office at 2031 East Grand Avenue, Lindenhurst, IL.

Please remember that our Personal Bankers are available to assist you from 8:30 a.m. until 5 p.m. Monday thru Thursday, 8:30 a.m. to 6 p.m. on Friday and 8:30 a.m. to 1 p.m. on Saturday.

Click HERE for Rate Information


Mortgage Information


State Bank of The Lakes realizes the value of your banking relationship and your greatest resource, TIME.  We are proud to be one of the oldest community banks in the area, and we continue to bring our customers current technology and old-fashioned customer service. 

Here at State Bank of The Lakes we know that purchasing a home is one of life's biggest financial commitments.  We have the expertise and the products to help you with your home financing needs.  Whether you're purchasing a new home, refinancing your existing home, building a new home, or purchasing a lot on which to build your dream home, our Real Estate Lending professionals will help you find the loan that fits your needs.

Providing us with the following information will allow us to approve your mortgage by the next business day (subject only to satisfactory verification):

  • Current paycheck stub with year-to-date information (two years personal and business federal tax returns if you are self-employed)
  • Current bank or retirement statement documenting funds for down-payment and closing fees
  • Contract to purchase home (or current mortgage statement if refinancing)

Our underwriters are on-site and we service all of our mortgage loans.  That means that the same friendly people service your loan until it's paid off.  If you have a question about your account, you can stop in or call us - we'll be happy to help you.  If you need information after hours, you can call our TeleBank 24/7 or access your account through our personal on-line banking service. 

We want you to utilize our full banking services and have created a relationship account, Charter Checking, which rewards your mortage business with an interest bearing, no service charge, no minimum balance requirement checking account.  A No Fee Home Equity Line of Credit can also be set up with your new mortage based on qualifications.

We do all this to prove... WE WANT YOUR BUSINESS!


 Fixed Rate Terms up to 30 Years
 1, 3 and 5 Year Adjustble Rate Mortgages (ARMS)
 Balloon Terms up to 5 Years
 Jumbo Mortgages
 Construction Loans
 Vacant Land
 Bridge Loans
 1 to 4 Unit Investment Properties
 First-Time Home Buyer Programs
 Home Equity Loans


Click here for Home Equity Line of Credit Rates or Fixed Rate Home Equity Rates




Thinking about purchasing or refinancing a home? We have a full-service mortgage team to assist you. Our products can be custom-designed to meet your individual needs, and they feature some of the most competitive interest rates in the marketplace. We also provide superior customer service with a personal touch.

  • Pre-qualifications
  • Fixed-rate mortgages
  • Adjustable-rate mortgages
  • Jumbo loans (loan amounts up to $6 million)
  • Government loans (FHA, VA)
  • Reverse mortgages
  • First-time homebuyer programs
  • Second home and investment property loans
  • Second mortgage programs
  • Expanded products for unique property types, credit situations, etc.


Refinancing our mortgage...

Our mortgage and banking professionals are here to guide you through the refinancing process and make your experience as easy as possible.  Depending on your current mortgage or home equity situation, refinancing may be an attractive option.

By refinancing, you may be able to: 

  • Lower your current rate
  • Extend repayment period
  • Reduce risk
  • Lower your current payment


Learn More

Have questions about your mortgage needs? Contact us and we will put you in touch with one of our knowledgeable mortgage loan specialists.

Residential Mortgage loans are provided by Wintrust Mortgage. Wintrust Mortgage is a division of Barrington Bank and Trust Company N.A, NMLS # 449042,  an affiliate of State Bank of the Lakes.