Real Estate Lending

Printer-friendly versionPrinter-friendly version

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