Old National Bank Mortgage Rates, Fees & Info

Evansville, IN

LEI: 549300AT7EB9FJAF0E61

Tax ID: 35-1729164

5 stars - Updated: 12/17/24 - out of 5 stars, based on 89 reviews

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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    • Mortgage Data

  • Originations
  • Relative Rates
  • Relative Fees
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Old National Bank is a small bank specializing in Home Purchase and Refi loans. Old National Bank has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets by origination volume include: Chicago, Milwaukee, Indianapolis, Minneapolis, and Grand Rapids among others. We have data for 257 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Old National Bank has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Old National Bank is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have relatively high rates.

    We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    Home Equity Line of Credit (HELOC) 4.69% 12/17/24
    30 Year Conventional Purchase 6.29% 12/17/24
    30 Year Conventional Refi 6.24% 12/17/24
    30 Year Cash-out Refi 6.51% 12/17/24
    30 Year FHA Purchase 7.51% 12/17/24
    30 Year FHA Refi 7.50% 12/17/24
    30 Year VA Purchase 6.19% 12/17/24
    30 Year USDA Purchase 6.63% 12/17/24
    15 Year Conventional Purchase 5.93% 12/17/24
    15 Year Conventional Refi 5.70% 12/17/24
    15 Year Cash-out Refi 5.70% 12/17/24
    15 Year FHA Purchase 6.81% 12/17/24
    These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

    Old National Bank Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from Old National Bank. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

    The default purchase price is the median sales price across the US for 2022Q4, per FRED.


    Originations

    7,951

    Origination Dollar Volume (All Markets)

    $2,959,295,000
    Show all (24) awards

    Relative Rate

    Old National Bank's average 30 year fixed mortgage rate was 6.36%.

    The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.

    This yields a difference of -0.12%.

    Relative Fees (Closing Costs)

    Old National Bank's average total fees/closing costs for a 30 year fixed rate mortgage were $4,405.

    The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $9,089.

    Top Markets

    Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

    Market Originations Total Value Average Loan Average Fees Average Rate
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 1,899 $574,395,000 $302,472 $4,048 6.51%
    MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 205 $310,795,000 $1,516,073 $3,387 6.49%
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 808 $288,080,000 $356,535 $2,696 6.29%
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 690 $284,870,000 $412,855 $4,504 6.31%
    GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 360 $131,290,000 $364,694 $3,680 6.38%
    MADISON, WI (FHA|USDA|VA) 196 $86,760,000 $442,653 $3,347 6.34%
    EVANSVILLE, IN-KY (FHA|USDA|VA) 465 $70,325,000 $151,237 $2,323 6.50%
    ANN ARBOR, MI (FHA|USDA|VA) 169 $62,775,000 $371,450 $3,865 6.48%
    LOUISVILLE, KY (FHA|USDA|VA) 110 $61,910,000 $562,818 $3,368 6.53%
    Outside of Metro Areas 359 $53,775,000 $149,791 $2,921 6.43%
    LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 2 $52,810,000 $26,405,000 $0 7.43%
    Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 85 $49,975,000 $587,941 $2,780 6.59%
    HUNTSVILLE, AL (FHA|USDA|VA) 1 $49,215,000 $49,215,000 $0 7.28%
    CHAMPAIGN-URBANA, IL (FHA|USDA|VA) 9 $43,935,000 $4,881,667 $1,370 6.76%
    DULUTH, MN-WI (FHA|USDA|VA) 5 $42,295,000 $8,459,000 $0 7.39%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 43 $38,235,000 $889,186 $6,953 5.07%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 33 $38,115,000 $1,155,000 $7,769 5.97%
    SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 94 $36,990,000 $393,511 $2,623 6.48%
    BLOOMINGTON, IN (FHA|USDA|VA) 149 $30,995,000 $208,020 $2,691 6.29%
    LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) 170 $28,410,000 $167,118 $2,380 6.60%
    KNOXVILLE, TN (FHA|USDA|VA) 3 $24,945,000 $8,315,000 $6,502 6.42%
    FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 3 $23,255,000 $7,751,667 $5,236 6.31%
    DAYTON-KETTERING, OH (FHA|USDA|VA) 3 $22,375,000 $7,458,333 $9,820 6.62%
    COLUMBUS, OH (FHA|USDA|VA) 5 $21,185,000 $4,237,000 $2,896 6.77%
    OWENSBORO, KY (FHA|USDA|VA) 107 $19,885,000 $185,841 $3,004 6.55%
    FORT WAYNE, IN (FHA|USDA|VA) 104 $18,910,000 $181,827 $2,171 6.40%
    TERRE HAUTE, IN (FHA|USDA|VA) 158 $18,850,000 $119,304 $1,555 6.72%
    KANSAS CITY, MO-KS (FHA|USDA|VA) 14 $16,990,000 $1,213,571 $6,299 6.03%
    SPRINGFIELD, IL (FHA|USDA|VA) 3 $16,555,000 $5,518,333 $5,441 6.72%
    LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 38 $14,160,000 $372,632 $5,947 6.45%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 9 $14,065,000 $1,562,778 $4,732 5.85%
    AKRON, OH (FHA|USDA|VA) 1 $13,305,000 $13,305,000 $0 8.33%
    Adrian, MI (FHA|USDA|VA) 102 $13,250,000 $129,902 $3,498 6.50%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 16 $12,560,000 $785,000 $8,018 5.92%
    COLUMBUS, IN (FHA|USDA|VA) 56 $12,180,000 $217,500 $2,351 6.32%
    BATON ROUGE, LA (FHA|USDA|VA) 3 $11,515,000 $3,838,333 $8,560 6.66%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 18 $11,130,000 $618,333 $7,079 6.17%
    Holland, MI (FHA|USDA|VA) 36 $10,420,000 $289,444 $3,546 6.34%
    OSHKOSH-NEENAH, WI (FHA|USDA|VA) 67 $10,055,000 $150,075 $2,518 6.49%
    ST. CLOUD, MN (FHA|USDA|VA) 3 $9,825,000 $3,275,000 $5,218 5.53%
    MUNCIE, IN (FHA|USDA|VA) 94 $9,650,000 $102,660 $2,440 6.80%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 12 $9,510,000 $792,500 $11,741 5.71%
    Jasper, IN (FHA|USDA|VA) 73 $9,435,000 $129,247 $2,252 6.43%
    KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) 48 $9,220,000 $192,083 $2,140 6.13%
    HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) 1 $9,005,000 $9,005,000 $0 7.10%
    Whitewater, WI (FHA|USDA|VA) 35 $7,465,000 $213,286 $2,273 6.22%
    APPLETON, WI (FHA|USDA|VA) 37 $7,385,000 $199,595 $3,017 6.47%
    Tiffin, OH (FHA|USDA|VA) 1 $7,005,000 $7,005,000 $0 5.88%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 9 $6,875,000 $763,889 $8,436 6.17%
    MONROE, MI (FHA|USDA|VA) 34 $6,440,000 $189,412 $3,686 6.54%
    BISMARCK, ND (FHA|USDA|VA) 1 $6,125,000 $6,125,000 $0 7.10%
    DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 60 $6,010,000 $100,167 $2,746 6.73%
    JANESVILLE-BELOIT, WI (FHA|USDA|VA) 45 $5,785,000 $128,556 $2,967 6.60%
    Jackson, WY-ID (FHA|USDA|VA) 1 $5,785,000 $5,785,000 $0 6.89%
    Central City, KY (FHA|USDA|VA) 57 $4,675,000 $82,018 $1,690 6.38%
    NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 9 $4,605,000 $511,667 $4,600 6.37%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 12 $4,060,000 $338,333 $4,611 6.71%
    Stevens Point, WI (FHA|USDA|VA) 30 $4,040,000 $134,667 $2,111 6.45%
    Traverse City, MI (FHA|USDA|VA) 8 $4,030,000 $503,750 $5,532 6.02%
    Seymour, IN (FHA|USDA|VA) 35 $3,875,000 $110,714 $1,302 6.84%
    BATTLE CREEK, MI (FHA|USDA|VA) 16 $3,860,000 $241,250 $1,571 6.63%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 11 $3,685,000 $335,000 $7,565 6.63%
    Key West, FL (FHA|USDA|VA) 6 $3,490,000 $581,667 $6,533 6.01%
    ST. LOUIS, MO-IL (FHA|USDA|VA) 8 $3,400,000 $425,000 $5,155 6.70%
    Ottawa, IL (FHA|USDA|VA) 29 $3,345,000 $115,345 $3,218 6.83%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 10 $3,290,000 $329,000 $6,471 6.36%
    Washington, IN (FHA|USDA|VA) 24 $3,220,000 $134,167 $1,795 6.92%
    NILES, MI (FHA|USDA|VA) 16 $3,210,000 $200,625 $2,410 6.49%
    BOULDER, CO (FHA|USDA|VA) 3 $3,035,000 $1,011,667 $3,876 4.96%
    BLOOMINGTON, IL (FHA|USDA|VA) 4 $2,930,000 $732,500 $2,318 6.50%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 5 $2,905,000 $581,000 $6,847 6.10%
    TOLEDO, OH (FHA|USDA|VA) 5 $2,745,000 $549,000 $0 6.41%
    RENO, NV (FHA|USDA|VA) 3 $2,745,000 $915,000 $8,741 6.23%
    DANVILLE, IL (FHA|USDA|VA) 41 $2,695,000 $65,732 $1,203 6.89%
    GREEN BAY, WI (FHA|USDA|VA) 8 $2,500,000 $312,500 $2,231 6.38%
    FLINT, MI (FHA|USDA|VA) 4 $2,470,000 $617,500 $6,345 6.22%
    MUSKEGON, MI (FHA|USDA|VA) 10 $2,440,000 $244,000 $4,067 6.66%
    SAVANNAH, GA (FHA|USDA|VA) 2 $2,430,000 $1,215,000 $6,405 5.63%
    ELKHART-GOSHEN, IN (FHA|USDA|VA) 23 $2,425,000 $105,435 $1,545 6.05%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 4 $2,390,000 $597,500 $8,825 5.91%
    RACINE, WI (FHA|USDA|VA) 10 $2,370,000 $237,000 $1,978 6.45%
    JACKSON, MI (FHA|USDA|VA) 16 $2,340,000 $146,250 $2,968 6.37%
    COLORADO SPRINGS, CO (FHA|USDA|VA) 3 $2,315,000 $771,667 $3,683 5.21%
    Warsaw, IN (FHA|USDA|VA) 14 $2,270,000 $162,143 $694 6.70%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 2 $2,090,000 $1,045,000 $8,303 5.94%
    GREELEY, CO (FHA|USDA|VA) 2 $2,050,000 $1,025,000 $8,317 5.69%
    MANHATTAN, KS (FHA|USDA|VA) 8 $1,890,000 $236,250 $8,261 6.23%
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 12 $1,870,000 $155,833 $2,111 6.38%
    LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 5 $1,855,000 $371,000 $8,381 6.07%
    MANKATO, MN (FHA|USDA|VA) 10 $1,810,000 $181,000 $3,237 6.50%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 4 $1,810,000 $452,500 $5,990 6.38%
    Frankfort, KY (FHA|USDA|VA) 5 $1,765,000 $353,000 $6,905 6.25%
    Vincennes, IN (FHA|USDA|VA) 26 $1,730,000 $66,538 $1,117 6.86%
    Madisonville, KY (FHA|USDA|VA) 25 $1,665,000 $66,600 $2,457 7.00%
    Bedford, IN (FHA|USDA|VA) 20 $1,580,000 $79,000 $1,696 6.53%
    PUNTA GORDA, FL (FHA|USDA|VA) 4 $1,570,000 $392,500 $4,988 5.88%
    SHEBOYGAN, WI (FHA|USDA|VA) 4 $1,560,000 $390,000 $3,337 6.19%
    North Vernon, IN (FHA|USDA|VA) 17 $1,495,000 $87,941 $820 6.24%
    Hutchinson, MN (FHA|USDA|VA) 9 $1,495,000 $166,111 $2,654 6.47%
    GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 3 $1,485,000 $495,000 $6,095 6.33%
    Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 2 $1,450,000 $725,000 $5,622 6.31%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 4 $1,440,000 $360,000 $9,173 5.58%
    Galesburg, IL (FHA|USDA|VA) 17 $1,405,000 $82,647 $2,954 7.06%
    Steamboat Springs, CO (FHA|USDA|VA) 1 $1,405,000 $1,405,000 $3,170 6.75%
    Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 2 $1,390,000 $695,000 $5,307 6.50%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 3 $1,345,000 $448,333 $9,441 6.63%
    LANSING-EAST LANSING, MI (FHA|USDA|VA) 4 $1,260,000 $315,000 $3,253 6.66%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 4 $1,260,000 $315,000 $5,467 6.62%
    BOWLING GREEN, KY (FHA|USDA|VA) 4 $1,240,000 $310,000 $3,271 6.56%
    Richmond-Berea, KY (FHA|USDA|VA) 4 $1,200,000 $300,000 $3,157 6.56%
    JACKSONVILLE, FL (FHA|USDA|VA) 2 $1,180,000 $590,000 $6,393 5.81%
    Madison, IN (FHA|USDA|VA) 8 $1,150,000 $143,750 $3,234 6.29%
    PANAMA CITY, FL (FHA|USDA|VA) 4 $1,130,000 $282,500 $6,445 5.84%
    KANKAKEE, IL (FHA|USDA|VA) 8 $1,100,000 $137,500 $3,000 6.98%
    IOWA CITY, IA (FHA|USDA|VA) 2 $1,080,000 $540,000 $3,459 6.50%
    MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) 8 $1,050,000 $131,250 $4,225 7.13%
    Sturgis, MI (FHA|USDA|VA) 3 $1,005,000 $335,000 $4,359 5.46%
    Charleston-Mattoon, IL (FHA|USDA|VA) 3 $1,005,000 $335,000 $1,402 5.95%
    Murray, KY (FHA|USDA|VA) 1 $1,005,000 $1,005,000 $0 6.25%
    Wabash, IN (FHA|USDA|VA) 1 $995,000 $995,000 $0 5.59%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 1 $975,000 $975,000 $9,596 8.50%
    CLARKSVILLE, TN-KY (FHA|USDA|VA) 3 $975,000 $325,000 $11,900 5.66%
    Platteville, WI (FHA|USDA|VA) 5 $975,000 $195,000 $5,493 6.47%
    ROCKFORD, IL (FHA|USDA|VA) 5 $935,000 $187,000 $5,114 6.47%
    New Castle, IN (FHA|USDA|VA) 4 $930,000 $232,500 $0 7.45%
    Red Wing, MN (FHA|USDA|VA) 2 $920,000 $460,000 $6,150 5.75%
    FOND DU LAC, WI (FHA|USDA|VA) 5 $895,000 $179,000 $2,705 6.44%
    Rochelle, IL (FHA|USDA|VA) 5 $895,000 $179,000 $4,701 6.46%
    SAGINAW, MI (FHA|USDA|VA) 2 $870,000 $435,000 $0 6.69%
    BELLINGHAM, WA (FHA|USDA|VA) 2 $860,000 $430,000 $3,272 6.44%
    OKLAHOMA CITY, OK (FHA|USDA|VA) 3 $835,000 $278,333 $4,910 6.33%
    Kendallville, IN (FHA|USDA|VA) 2 $810,000 $405,000 $5,444 6.31%
    PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 1 $805,000 $805,000 $5,118 5.75%
    DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 2 $780,000 $390,000 $3,434 6.50%
    WAUSAU-WESTON, WI (FHA|USDA|VA) 3 $775,000 $258,333 $2,382 6.58%
    LAWRENCE, KS (FHA|USDA|VA) 2 $730,000 $365,000 $2,286 6.00%
    BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 1 $725,000 $725,000 $5,899 7.50%
    Edwards, CO (FHA|USDA|VA) 1 $725,000 $725,000 $3,043 5.38%
    Sebastian-Vero Beach, FL (FHA|USDA|VA) 1 $715,000 $715,000 $9,389 5.00%
    PEORIA, IL (FHA|USDA|VA) 5 $695,000 $139,000 $1,347 6.70%
    TULSA, OK (FHA|USDA|VA) 2 $690,000 $345,000 $7,885 6.75%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 2 $680,000 $340,000 $6,363 6.38%
    NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 2 $660,000 $330,000 $5,345 6.13%
    Fergus Falls, MN (FHA|USDA|VA) 3 $645,000 $215,000 $4,042 6.63%
    ROCHESTER, MN (FHA|USDA|VA) 4 $640,000 $160,000 $3,097 6.34%
    ASHEVILLE, NC (FHA|USDA|VA) 1 $635,000 $635,000 $11,140 5.50%
    NEW BERN, NC (FHA|USDA|VA) 1 $635,000 $635,000 $3,208 5.63%
    WICHITA, KS (FHA|USDA|VA) 2 $630,000 $315,000 $6,027 5.50%
    Alma, MI (FHA|USDA|VA) 1 $605,000 $605,000 $3,873 6.50%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 2 $600,000 $300,000 $9,789 6.00%
    Clarksburg, WV (FHA|USDA|VA) 2 $580,000 $290,000 $3,392 7.31%
    EAU CLAIRE, WI (FHA|USDA|VA) 4 $580,000 $145,000 $2,269 6.12%
    PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 1 $575,000 $575,000 $10,332 5.99%
    Baraboo, WI (FHA|USDA|VA) 3 $575,000 $191,667 $2,267 7.07%
    SPRINGFIELD, MO (FHA|USDA|VA) 2 $560,000 $280,000 $5,533 6.13%
    CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 2 $560,000 $280,000 $9,212 5.75%
    Beaver Dam, WI (FHA|USDA|VA) 5 $555,000 $111,000 $304 6.62%
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 2 $550,000 $275,000 $8,397 6.25%
    Dixon, IL (FHA|USDA|VA) 2 $550,000 $275,000 $5,049 5.62%
    Hillsdale, MI (FHA|USDA|VA) 5 $545,000 $109,000 $4,614 6.09%
    BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 2 $540,000 $270,000 $5,868 6.13%
    LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 2 $540,000 $270,000 $6,145 6.12%
    Bardstown, KY (FHA|USDA|VA) 1 $535,000 $535,000 $0 5.49%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 1 $535,000 $535,000 $9,037 5.88%
    EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 1 $535,000 $535,000 $3,659 7.38%
    Frankfort, IN (FHA|USDA|VA) 5 $535,000 $107,000 $2,377 6.22%
    GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 2 $520,000 $260,000 $5,609 6.75%
    Watertown-Fort Atkinson, WI (FHA|USDA|VA) 2 $490,000 $245,000 $3,900 7.37%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 2 $490,000 $245,000 $3,592 7.25%
    Auburn, IN (FHA|USDA|VA) 3 $485,000 $161,667 $4,350 6.12%
    GAINESVILLE, FL (FHA|USDA|VA) 1 $475,000 $475,000 $0 4.99%
    Marion, IN (FHA|USDA|VA) 5 $465,000 $93,000 $0 7.32%
    ST. GEORGE, UT (FHA|USDA|VA) 1 $455,000 $455,000 $3,504 6.25%
    LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 2 $450,000 $225,000 $6,511 5.81%
    Brainerd, MN (FHA|USDA|VA) 2 $450,000 $225,000 $6,163 7.86%
    CUMBERLAND, MD-WV (FHA|USDA|VA) 1 $445,000 $445,000 $3,371 6.63%
    ERIE, PA (FHA|USDA|VA) 1 $445,000 $445,000 $5,695 6.25%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 1 $435,000 $435,000 $8,553 5.88%
    TALLAHASSEE, FL (FHA|USDA|VA) 1 $425,000 $425,000 $5,609 5.75%
    LEWISTON-AUBURN, ME (FHA|USDA|VA) 1 $415,000 $415,000 $4,092 7.50%
    OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 1 $415,000 $415,000 $6,803 5.13%
    Sevierville, TN (FHA|USDA|VA) 1 $405,000 $405,000 $5,109 6.75%
    Salem, OH (FHA|USDA|VA) 1 $395,000 $395,000 $7,871 7.75%
    WORCESTER, MA-CT (FHA|USDA|VA) 1 $395,000 $395,000 $10,386 6.00%
    CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) 2 $380,000 $190,000 $6,759 5.69%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 1 $375,000 $375,000 $12,826 7.88%
    FARMINGTON, NM (FHA|USDA|VA) 1 $375,000 $375,000 $4,625 6.63%
    TUCSON, AZ (FHA|USDA|VA) 1 $365,000 $365,000 $8,233 5.13%
    SALEM, OR (FHA|USDA|VA) 1 $365,000 $365,000 $0 7.88%
    Columbus, NE (FHA|USDA|VA) 1 $365,000 $365,000 $2,888 6.13%
    Plymouth, IN (FHA|USDA|VA) 2 $350,000 $175,000 $1,433 6.99%
    Centralia, WA (FHA|USDA|VA) 1 $345,000 $345,000 $8,363 5.88%
    Cadillac, MI (FHA|USDA|VA) 1 $345,000 $345,000 $4,343 6.13%
    Ludington, MI (FHA|USDA|VA) 2 $340,000 $170,000 $0 5.62%
    PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 1 $335,000 $335,000 $4,280 5.63%
    Bemidji, MN (FHA|USDA|VA) 1 $335,000 $335,000 $3,571 6.25%
    WINSTON-SALEM, NC (FHA|USDA|VA) 1 $335,000 $335,000 $4,847 6.88%
    RALEIGH-CARY, NC (FHA|USDA|VA) 1 $335,000 $335,000 $6,465 7.88%
    ROCHESTER, NY (FHA|USDA|VA) 1 $325,000 $325,000 $16,599 5.13%
    Durant, OK (FHA|USDA|VA) 1 $325,000 $325,000 $9,333 5.75%
    New Ulm, MN (FHA|USDA|VA) 2 $320,000 $160,000 $2,681 6.69%
    SALISBURY, MD-DE (FHA|USDA|VA) 1 $315,000 $315,000 $3,650 6.38%
    BOISE CITY, ID (FHA|USDA|VA) 1 $315,000 $315,000 $0 7.00%
    WILMINGTON, NC (FHA|USDA|VA) 1 $315,000 $315,000 $0 7.75%
    EL PASO, TX (FHA|USDA|VA) 1 $305,000 $305,000 $6,645 6.63%
    DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 1 $295,000 $295,000 $6,712 6.13%
    Ada, OK (FHA|USDA|VA) 1 $295,000 $295,000 $2,791 6.13%
    ALBUQUERQUE, NM (FHA|USDA|VA) 1 $295,000 $295,000 $3,477 6.38%
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 1 $295,000 $295,000 $8,941 6.99%
    Decatur, IN (FHA|USDA|VA) 2 $290,000 $145,000 $2,398 7.25%
    Cedar City, UT (FHA|USDA|VA) 1 $285,000 $285,000 $3,131 8.50%
    OCALA, FL (FHA|USDA|VA) 1 $285,000 $285,000 $3,981 5.88%
    Marinette, WI-MI (FHA|USDA|VA) 1 $285,000 $285,000 $2,894 6.75%
    THE VILLAGES, FL (FHA|USDA|VA) 1 $275,000 $275,000 $3,816 5.38%
    HINESVILLE, GA (FHA|USDA|VA) 1 $275,000 $275,000 $3,657 5.25%
    Iron Mountain, MI-WI (FHA|USDA|VA) 1 $275,000 $275,000 $4,021 5.88%
    KOKOMO, IN (FHA|USDA|VA) 3 $265,000 $88,333 $1,467 7.36%
    Burlington, IA-IL (FHA|USDA|VA) 1 $255,000 $255,000 $2,693 7.13%
    SALT LAKE CITY, UT (FHA|USDA|VA) 1 $245,000 $245,000 $2,822 5.75%
    TWIN FALLS, ID (FHA|USDA|VA) 1 $245,000 $245,000 $3,049 5.99%
    HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 1 $245,000 $245,000 $3,454 5.88%
    RICHMOND, VA (FHA|USDA|VA) 1 $225,000 $225,000 $3,294 7.75%
    TOPEKA, KS (FHA|USDA|VA) 1 $225,000 $225,000 $1,925 6.38%
    DECATUR, AL (FHA|USDA|VA) 1 $225,000 $225,000 $7,187 6.25%
    NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 1 $215,000 $215,000 $5,966 6.50%
    Huntington, IN (FHA|USDA|VA) 3 $215,000 $71,667 $0 7.07%
    HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 1 $215,000 $215,000 $4,597 5.75%
    Crawfordsville, IN (FHA|USDA|VA) 3 $215,000 $71,667 $2,532 6.75%
    COLUMBIA, SC (FHA|USDA|VA) 1 $205,000 $205,000 $3,180 6.88%
    HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 1 $205,000 $205,000 $4,357 5.75%
    LAS CRUCES, NM (FHA|USDA|VA) 1 $205,000 $205,000 $2,354 6.25%
    FORT SMITH, AR-OK (FHA|USDA|VA) 1 $195,000 $195,000 $4,029 6.75%
    Big Rapids, MI (FHA|USDA|VA) 1 $195,000 $195,000 $3,357 5.50%
    DECATUR, IL (FHA|USDA|VA) 1 $165,000 $165,000 $2,814 6.50%
    Pontiac, IL (FHA|USDA|VA) 1 $165,000 $165,000 $4,425 7.13%
    Shawano, WI (FHA|USDA|VA) 1 $155,000 $155,000 $0 5.99%
    ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 1 $145,000 $145,000 $2,781 7.50%
    Fort Payne, AL (FHA|USDA|VA) 1 $145,000 $145,000 $4,913 7.50%
    Richmond, IN (FHA|USDA|VA) 2 $140,000 $70,000 $299 6.62%
    Mountain Home, AR (FHA|USDA|VA) 1 $135,000 $135,000 $4,523 8.13%
    JOPLIN, MO (FHA|USDA|VA) 1 $135,000 $135,000 $3,794 6.75%
    Alexandria, MN (FHA|USDA|VA) 1 $135,000 $135,000 $0 6.49%
    Wisconsin Rapids-Marshfield, WI (FHA|USDA|VA) 3 $135,000 $45,000 $0 7.24%
    Tullahoma-Manchester, TN (FHA|USDA|VA) 1 $125,000 $125,000 $2,086 6.88%
    Zanesville, OH (FHA|USDA|VA) 1 $105,000 $105,000 $0 5.74%
    Scottsburg, IN (FHA|USDA|VA) 2 $90,000 $45,000 $392 6.92%
    Clinton, IA (FHA|USDA|VA) 1 $85,000 $85,000 $0 8.63%
    BAY CITY, MI (FHA|USDA|VA) 1 $75,000 $75,000 $2,929 7.25%
    Freeport, IL (FHA|USDA|VA) 1 $65,000 $65,000 $299 8.13%
    Angola, IN (FHA|USDA|VA) 1 $65,000 $65,000 $0 6.74%
    Muscatine, IA (FHA|USDA|VA) 1 $55,000 $55,000 $0 6.24%
    Willmar, MN (FHA|USDA|VA) 1 $55,000 $55,000 $0 6.85%
    Menomonie, WI (FHA|USDA|VA) 1 $55,000 $55,000 $0 7.49%
    CARBONDALE-MARION, IL (FHA|USDA|VA) 1 $55,000 $55,000 $358 6.49%
    OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 1 $35,000 $35,000 $862 8.15%
    Campbellsville, KY (FHA|USDA|VA) 1 $25,000 $25,000 $0 6.49%
    Greenville, OH (FHA|USDA|VA) 1 $25,000 $25,000 $0 6.49%
    Old National Bank's top markets include Chicago, Milwaukee, Indianapolis, Minneapolis, and Grand Rapids among others.

    Their top states include:
  • Illinois (FHA|USDA|VA)
  • Indiana (FHA|USDA|VA)
  • Wisconsin (FHA|USDA|VA)
  • Minnesota (FHA|USDA|VA)
  • Michigan (FHA|USDA|VA)

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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    HELOC 4,031 $630,495,000 $156,412 n/a 6.29%
    Conventional 3,715 $2,281,475,000 $614,125 $3,407 6.62%
    FHA 141 $28,545,000 $202,447 $7,241 6.54%
    VA 59 $18,075,000 $306,356 $6,619 5.99%
    USDA 5 $705,000 $141,000 $4,229 6.58%

    For 2023, Old National Bank's most frequently originated type of loan was HELOC, with 4,031 originations. Their 2nd most popular type was Conventional, with 3,715 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 2,683 $1,832,205,000 $682,894 $4,792 6.46%
    Refi 1,835 $680,715,000 $370,962 $1,033 6.32%
    Home Improvement 1,656 $166,250,000 $100,393 $436 6.52%
    Other 1,650 $250,690,000 $151,933 $954 6.46%
    Cash Out Refi 127 $29,435,000 $231,772 $3,664 6.77%

    For 2023, Old National Bank's most frequently cited loan purpose was Home Purchase, with 2,683 originations. The 2nd most popular reason was Refi, with 1,835 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 6,273 $1,342,605,000 $214,029 $4,405 6.36%
    15 Year 620 $75,450,000 $121,694 $1,286 6.74%
    30+ year 258 $198,430,000 $769,109 $6,369 6.33%
    10 Year 250 $46,840,000 $187,360 $478 6.79%
    5 Year 246 $447,910,000 $1,820,772 $370 6.79%
    Other 199 $712,425,000 $3,580,025 $2,411 6.87%
    20 Year 56 $10,150,000 $181,250 $1,892 6.82%
    1 Year 29 $30,835,000 $1,063,276 $0 8.30%
    3 Year 20 $94,650,000 $4,732,500 $322 7.56%

    For 2023, Old National Bank's most frequently cited loan duration was 30 Year, with 6,273 originations. The 2nd most popular length was 15 Year, with 620 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 2,225 $519,725,000 $233,584
    $1k-2k 771 $319,105,000 $413,885
    $2k-3k 178 $62,580,000 $351,573
    $5k+ 148 $87,550,000 $591,554
    $3k-4k 91 $33,875,000 $372,253
    $4k-5k 45 $18,005,000 $400,111

    Old National Bank's average total fees were $4,405, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 2,225 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 3,117 $896,185,000 $287,515
    5-6% 2,646 $759,830,000 $287,162
    7-8% 1,607 $993,755,000 $618,391
    Over 8% 275 $163,375,000 $594,091
    4-5% 268 $112,550,000 $419,963
    3-4% 23 $17,215,000 $748,478
    2.5-3% 15 $16,385,000 $1,092,333

    During 2023, Old National Bank's average interest rate for loans was 6.36%, while their most frequently originated rate bucket for loans was 6-7%, with 3,117 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 2,870 $151,240,000 $52,697 $879 6.74%
    $100k-200k 2,105 $287,845,000 $136,743 $3,025 6.30%
    $200k-400k 1,702 $470,620,000 $276,510 $4,276 6.35%
    $400k-600k 579 $277,505,000 $479,283 $5,498 6.21%
    $600k-1MM 431 $328,025,000 $761,079 $6,200 6.03%
    $1MM+ 264 $1,444,060,000 $5,469,924 $8,299 6.19%

    2023 saw Old National Bank place emphasis on $100,000 or less loans with 2,870 originations, totaling $151,240,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 1,586 $265,140,000 $167,175 $3,322 6.46%
    $150k-250k 1,446 $363,160,000 $251,148 $4,292 6.33%
    $250k+ 1,274 $663,990,000 $521,185 $5,779 6.10%
    $50k-75k 1,165 $127,855,000 $109,747 $2,608 6.58%
    $75k-100k 1,052 $140,600,000 $133,650 $3,157 6.54%
    $50k or less 800 $61,470,000 $76,838 $2,213 6.63%

    Old National Bank lent most frequently to those with incomes in the $100k-150k range, with 1,586 originations. The second most popular income band? $150k-250k, with 1,446 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 1,919 $412,595,000 $215,005 $3,236 6.38%
    30-36% 1,499 $346,785,000 $231,344 $3,676 6.44%
    <20% 1,050 $206,150,000 $196,333 $2,607 6.22%
    44% 425 $73,925,000 $173,941 $4,888 6.36%
    42% 316 $79,720,000 $252,278 $3,478 6.53%
    39% 276 $73,460,000 $266,159 $3,781 6.48%
    41% 272 $61,710,000 $226,875 $4,011 6.50%
    36% 259 $59,555,000 $229,942 $3,750 6.51%
    38% 252 $58,010,000 $230,198 $3,311 6.53%
    37% 251 $55,225,000 $220,020 $3,338 6.47%
    40% 244 $62,110,000 $254,549 $4,313 6.44%
    43% 240 $42,420,000 $176,750 $3,206 6.64%
    45% 199 $34,785,000 $174,799 $4,356 6.33%
    47% 75 $18,875,000 $251,667 $4,118 6.61%
    49% 74 $18,490,000 $249,865 $4,641 6.58%
    46% 68 $19,220,000 $282,647 $4,161 6.54%
    48% 62 $17,120,000 $276,129 $4,760 6.58%
    50-60% 49 $14,515,000 $296,224 $7,114 6.25%
    >60% 3 $1,365,000 $455,000 $2,955 6.91%

    Old National Bank lent most frequently to those with DTI ratios of 20-30%, with 1,919 originations. The next most common DTI ratio? 30-36%, with 1,499 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 5,724 $1,275,470,000 $222,828 $3,616 6.44%
    Not applicable 320 $1,262,450,000 $3,945,156 $0 6.98%
    Not provided 1,381 $278,065,000 $201,350 $2,681 6.36%
    Asian 173 $75,745,000 $437,832 $5,331 6.30%
    Black 277 $48,395,000 $174,711 $3,443 6.49%
    Asian Indian 31 $9,805,000 $316,290 $761 5.97%
    American Indian 27 $6,645,000 $246,111 $5,113 6.54%
    Korean 4 $950,000 $237,500 $0 5.45%
    Native Hawaiian or Islander 4 $910,000 $227,500 $2,585 6.52%
    Filipino 3 $295,000 $98,333 $0 6.66%
    Chinese 1 $155,000 $155,000 $0 4.84%
    Other Pacific Islander 2 $150,000 $75,000 $392 6.67%
    Other Asian 2 $150,000 $75,000 $0 6.80%
    Japanese 1 $55,000 $55,000 $0 5.99%
    Vietnamese 1 $55,000 $55,000 $299 7.25%

    Approval Rates

    Total approvals of all applications
    73.27%

    Old National Bank has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    85.85%

    Old National Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 7,951 $2,959,295,000 $372,192

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    7,951 $2,959,295,000 $372,192

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 2,103 $375,375,000 $178,495 $1,235 6.32%
    40-60% 994 $759,350,000 $763,934 $3,200 6.30%
    60-80% 1,356 $1,041,540,000 $768,097 $4,548 6.46%
    80-100% 1,602 $609,130,000 $380,231 $4,779 6.42%
    Over 100% 10 $3,100,000 $310,000 $12,141 6.27%
    Under 20% 1,854 $131,220,000 $70,777 $511 6.65%