Old National Bank Mortgage Rates, Fees & Info

Evansville, IN

LEI: 549300AT7EB9FJAF0E61

Tax ID: 35-1729164

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Mortgage Data

Review & Overview

Old National Bank is a mid-sized 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, Minneapolis, Indianapolis, Milwaukee, and Grand Rapids among others. We have data for 246 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 about average 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.

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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

10,956

Origination Dollar Volume (All Markets)

$4,132,810,000
Show all (47) awards

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) 2,431 $902,315,000 $371,170 $4,468 4.06%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 979 $413,775,000 $422,651 $5,035 3.89%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 953 $272,865,000 $286,322 $2,569 3.99%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 296 $262,110,000 $885,507 $3,299 4.21%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 567 $224,915,000 $396,675 $3,368 4.21%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 155 $138,435,000 $893,129 $5,234 3.49%
MADISON, WI (FHA|USDA|VA) 339 $104,705,000 $308,864 $3,611 4.13%
Outside of Metro Areas 464 $100,150,000 $215,841 $2,803 4.27%
EVANSVILLE, IN-KY (FHA|USDA|VA) 566 $94,720,000 $167,350 $2,300 4.17%
ANN ARBOR, MI (FHA|USDA|VA) 271 $91,625,000 $338,100 $3,381 4.14%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 16 $90,110,000 $5,631,875 $5,037 4.63%
COLUMBUS, OH (FHA|USDA|VA) 5 $77,265,000 $15,453,000 $4,166 4.73%
OCALA, FL (FHA|USDA|VA) 8 $77,250,000 $9,656,250 $4,082 3.81%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 107 $74,775,000 $698,832 $6,203 3.91%
LOUISVILLE, KY (FHA|USDA|VA) 196 $73,130,000 $373,112 $3,281 4.08%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 116 $62,610,000 $539,741 $3,591 4.14%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 16 $59,780,000 $3,736,250 $5,885 4.40%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 63 $53,375,000 $847,222 $7,257 3.74%
KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) 85 $48,195,000 $567,000 $2,058 4.07%
BLOOMINGTON, IN (FHA|USDA|VA) 218 $43,980,000 $201,743 $2,283 4.01%
LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) 200 $40,300,000 $201,500 $2,448 4.20%
FORT WAYNE, IN (FHA|USDA|VA) 130 $38,750,000 $298,077 $2,148 4.05%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 99 $36,505,000 $368,737 $4,647 4.17%
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 147 $35,755,000 $243,231 $2,487 3.92%
ST. LOUIS, MO-IL (FHA|USDA|VA) 9 $33,985,000 $3,776,111 $3,866 4.97%
TERRE HAUTE, IN (FHA|USDA|VA) 213 $29,825,000 $140,023 $1,261 4.22%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 36 $27,080,000 $752,222 $6,639 4.00%
OWENSBORO, KY (FHA|USDA|VA) 147 $26,995,000 $183,639 $3,374 4.30%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 2 $25,030,000 $12,515,000 $3,544 4.56%
Adrian, MI (FHA|USDA|VA) 192 $24,920,000 $129,792 $2,895 4.37%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 28 $19,560,000 $698,571 $5,844 4.27%
JACKSON, MI (FHA|USDA|VA) 55 $19,555,000 $355,545 $3,152 3.90%
Holland, MI (FHA|USDA|VA) 58 $18,700,000 $322,414 $3,471 4.51%
AKRON, OH (FHA|USDA|VA) 5 $17,625,000 $3,525,000 $3,658 3.61%
Jasper, IN (FHA|USDA|VA) 99 $16,675,000 $168,434 $3,649 4.13%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 22 $16,530,000 $751,364 $7,657 4.28%
OSHKOSH-NEENAH, WI (FHA|USDA|VA) 85 $15,235,000 $179,235 $2,579 4.18%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 25 $14,985,000 $599,400 $7,018 3.98%
COLUMBUS, IN (FHA|USDA|VA) 68 $14,350,000 $211,029 $2,668 4.32%
MUNCIE, IN (FHA|USDA|VA) 119 $14,145,000 $118,866 $1,588 4.41%
BAY CITY, MI (FHA|USDA|VA) 1 $12,955,000 $12,955,000 $0 1.90%
RACINE, WI (FHA|USDA|VA) 15 $12,635,000 $842,333 $2,731 4.17%
CEDAR RAPIDS, IA (FHA|USDA|VA) 4 $11,560,000 $2,890,000 $3,728 3.24%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 21 $11,375,000 $541,667 $5,748 4.22%
JACKSONVILLE, FL (FHA|USDA|VA) 15 $10,115,000 $674,333 $6,269 3.94%
APPLETON, WI (FHA|USDA|VA) 46 $9,590,000 $208,478 $3,071 3.98%
Whitewater, WI (FHA|USDA|VA) 38 $9,410,000 $247,632 $3,977 3.60%
ELKHART-GOSHEN, IN (FHA|USDA|VA) 47 $9,295,000 $197,766 $1,855 4.30%
JANESVILLE-BELOIT, WI (FHA|USDA|VA) 71 $8,935,000 $125,845 $2,999 4.05%
FORT COLLINS, CO (FHA|USDA|VA) 9 $7,575,000 $841,667 $3,497 3.12%
NILES, MI (FHA|USDA|VA) 18 $7,570,000 $420,556 $3,400 4.04%
Central City, KY (FHA|USDA|VA) 74 $7,390,000 $99,865 $1,464 4.00%
PORT ST. LUCIE, FL (FHA|USDA|VA) 8 $7,230,000 $903,750 $8,253 4.28%
TOLEDO, OH (FHA|USDA|VA) 5 $7,225,000 $1,445,000 $3,811 4.96%
SAGINAW, MI (FHA|USDA|VA) 4 $7,130,000 $1,782,500 $2,195 4.89%
Seymour, IN (FHA|USDA|VA) 48 $6,850,000 $142,708 $2,090 4.01%
MONROE, MI (FHA|USDA|VA) 37 $5,355,000 $144,730 $3,177 3.70%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 8 $5,240,000 $655,000 $5,996 3.44%
Edwards, CO (FHA|USDA|VA) 3 $4,675,000 $1,558,333 $6,205 3.21%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 10 $4,580,000 $458,000 $4,130 4.88%
GREELEY, CO (FHA|USDA|VA) 6 $4,550,000 $758,333 $3,834 4.21%
Stevens Point, WI (FHA|USDA|VA) 40 $4,530,000 $113,250 $1,508 4.68%
KANSAS CITY, MO-KS (FHA|USDA|VA) 13 $4,405,000 $338,846 $3,714 4.53%
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 33 $4,375,000 $132,576 $2,898 4.22%
Warsaw, IN (FHA|USDA|VA) 20 $4,300,000 $215,000 $2,390 4.17%
Bedford, IN (FHA|USDA|VA) 32 $4,290,000 $134,063 $2,301 4.29%
Washington, IN (FHA|USDA|VA) 38 $4,230,000 $111,316 $1,635 4.48%
Breckenridge, CO (FHA|USDA|VA) 4 $4,090,000 $1,022,500 $4,515 3.53%
MANKATO, MN (FHA|USDA|VA) 15 $3,945,000 $263,000 $5,888 3.22%
BOULDER, CO (FHA|USDA|VA) 5 $3,895,000 $779,000 $4,903 4.53%
COLORADO SPRINGS, CO (FHA|USDA|VA) 6 $3,840,000 $640,000 $3,639 4.23%
Traverse City, MI (FHA|USDA|VA) 11 $3,835,000 $348,636 $4,063 4.29%
Watertown-Fort Atkinson, WI (FHA|USDA|VA) 12 $3,460,000 $288,333 $3,631 4.18%
Vincennes, IN (FHA|USDA|VA) 30 $3,440,000 $114,667 $2,519 4.23%
Madisonville, KY (FHA|USDA|VA) 28 $3,370,000 $120,357 $2,611 4.50%
DANVILLE, IL (FHA|USDA|VA) 39 $3,315,000 $85,000 $2,045 4.57%
Ottawa, IL (FHA|USDA|VA) 32 $3,190,000 $99,688 $4,417 4.00%
Hutchinson, MN (FHA|USDA|VA) 15 $3,095,000 $206,333 $3,325 4.40%
Frankfort, KY (FHA|USDA|VA) 6 $3,090,000 $515,000 $4,722 4.24%
Hillsdale, MI (FHA|USDA|VA) 16 $3,000,000 $187,500 $4,756 4.22%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 5 $2,945,000 $589,000 $5,809 3.75%
Glenwood Springs, CO (FHA|USDA|VA) 3 $2,895,000 $965,000 $3,253 4.08%
Angola, IN (FHA|USDA|VA) 7 $2,785,000 $397,857 $4,153 4.32%
Baraboo, WI (FHA|USDA|VA) 6 $2,780,000 $463,333 $3,943 4.73%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 4 $2,750,000 $687,500 $8,729 3.81%
MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) 11 $2,705,000 $245,909 $3,101 3.93%
North Vernon, IN (FHA|USDA|VA) 24 $2,600,000 $108,333 $1,858 4.10%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 5 $2,595,000 $519,000 $5,511 3.45%
Key West, FL (FHA|USDA|VA) 2 $2,560,000 $1,280,000 $9,974 3.50%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 3 $2,515,000 $838,333 $7,532 4.00%
BATTLE CREEK, MI (FHA|USDA|VA) 18 $2,430,000 $135,000 $1,676 4.33%
Jackson, WY-ID (FHA|USDA|VA) 1 $2,405,000 $2,405,000 $0 1.99%
CHAMPAIGN-URBANA, IL (FHA|USDA|VA) 6 $2,250,000 $375,000 $3,109 4.60%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 3 $2,245,000 $748,333 $4,456 5.21%
Sturgis, MI (FHA|USDA|VA) 4 $2,140,000 $535,000 $6,318 4.54%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 2 $2,140,000 $1,070,000 $6,581 3.50%
FLAGSTAFF, AZ (FHA|USDA|VA) 2 $2,040,000 $1,020,000 $6,356 5.00%
DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 4 $1,930,000 $482,500 $2,610 4.31%
Brainerd, MN (FHA|USDA|VA) 5 $1,915,000 $383,000 $2,205 4.35%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 4 $1,900,000 $475,000 $4,332 4.09%
Alexandria, MN (FHA|USDA|VA) 3 $1,855,000 $618,333 $5,918 3.12%
Plymouth, IN (FHA|USDA|VA) 7 $1,725,000 $246,429 $1,736 4.29%
ST. CLOUD, MN (FHA|USDA|VA) 7 $1,705,000 $243,571 $2,751 4.30%
Manitowoc, WI (FHA|USDA|VA) 3 $1,705,000 $568,333 $4,340 4.88%
ROCHESTER, MN (FHA|USDA|VA) 4 $1,690,000 $422,500 $3,945 5.06%
LANSING-EAST LANSING, MI (FHA|USDA|VA) 8 $1,670,000 $208,750 $3,234 5.42%
MUSKEGON, MI (FHA|USDA|VA) 6 $1,540,000 $256,667 $3,851 4.73%
TUCSON, AZ (FHA|USDA|VA) 2 $1,530,000 $765,000 $6,095 3.25%
DULUTH, MN-WI (FHA|USDA|VA) 7 $1,515,000 $216,429 $2,833 4.34%
KANKAKEE, IL (FHA|USDA|VA) 13 $1,455,000 $111,923 $4,439 4.98%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 3 $1,445,000 $481,667 $3,384 5.58%
Beaver Dam, WI (FHA|USDA|VA) 7 $1,415,000 $202,143 $3,292 4.33%
ROCKFORD, IL (FHA|USDA|VA) 11 $1,405,000 $127,727 $3,920 4.71%
FLINT, MI (FHA|USDA|VA) 4 $1,380,000 $345,000 $3,035 4.69%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 3 $1,345,000 $448,333 $4,492 3.92%
Coldwater, MI (FHA|USDA|VA) 3 $1,335,000 $445,000 $5,020 4.08%
LA CROSSE-ONALASKA, WI-MN (FHA|USDA|VA) 2 $1,330,000 $665,000 $3,190 4.38%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 3 $1,325,000 $441,667 $4,868 3.83%
Tiffin, OH (FHA|USDA|VA) 1 $1,285,000 $1,285,000 $0 4.63%
RALEIGH-CARY, NC (FHA|USDA|VA) 3 $1,255,000 $418,333 $3,657 4.92%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 4 $1,240,000 $310,000 $4,868 4.19%
Danville, KY (FHA|USDA|VA) 1 $1,205,000 $1,205,000 $5,849 3.25%
PUNTA GORDA, FL (FHA|USDA|VA) 2 $1,140,000 $570,000 $5,333 3.94%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 3 $1,135,000 $378,333 $4,843 4.46%
THE VILLAGES, FL (FHA|USDA|VA) 3 $1,125,000 $375,000 $4,656 4.29%
Platteville, WI (FHA|USDA|VA) 7 $1,085,000 $155,000 $1,884 5.01%
RICHMOND, VA (FHA|USDA|VA) 3 $1,065,000 $355,000 $5,312 4.17%
Galesburg, IL (FHA|USDA|VA) 19 $1,055,000 $55,526 $2,371 5.19%
Steamboat Springs, CO (FHA|USDA|VA) 1 $1,045,000 $1,045,000 $3,716 4.88%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 1 $995,000 $995,000 $8,120 3.25%
Huntington, IN (FHA|USDA|VA) 4 $990,000 $247,500 $2,438 4.25%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 1 $985,000 $985,000 $7,735 5.00%
Durango, CO (FHA|USDA|VA) 1 $935,000 $935,000 $4,145 5.13%
SHEBOYGAN, WI (FHA|USDA|VA) 3 $915,000 $305,000 $5,469 4.33%
Bozeman, MT (FHA|USDA|VA) 2 $900,000 $450,000 $4,384 5.69%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 2 $900,000 $450,000 $4,384 3.88%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 6 $900,000 $150,000 $2,707 4.14%
ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 5 $895,000 $179,000 $342 4.04%
Effingham, IL (FHA|USDA|VA) 2 $890,000 $445,000 $5,726 4.81%
DUBUQUE, IA (FHA|USDA|VA) 3 $885,000 $295,000 $5,590 5.30%
SPRINGFIELD, MA (FHA|USDA|VA) 2 $880,000 $440,000 $8,774 5.38%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 2 $860,000 $430,000 $5,592 3.00%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 2 $830,000 $415,000 $5,511 5.25%
Frankfort, IN (FHA|USDA|VA) 6 $820,000 $136,667 $3,776 5.04%
EAU CLAIRE, WI (FHA|USDA|VA) 6 $790,000 $131,667 $1,964 4.96%
Madison, IN (FHA|USDA|VA) 12 $770,000 $64,167 $702 4.59%
BOWLING GREEN, KY (FHA|USDA|VA) 5 $685,000 $137,000 $3,397 5.05%
Bardstown, KY (FHA|USDA|VA) 4 $680,000 $170,000 $3,797 3.81%
OKLAHOMA CITY, OK (FHA|USDA|VA) 2 $670,000 $335,000 $3,241 4.56%
GREEN BAY, WI (FHA|USDA|VA) 4 $660,000 $165,000 $2,214 4.69%
MEDFORD, OR (FHA|USDA|VA) 1 $655,000 $655,000 $5,734 3.50%
Show Low, AZ (FHA|USDA|VA) 1 $655,000 $655,000 $6,194 3.25%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 1 $645,000 $645,000 $6,185 4.13%
Sevierville, TN (FHA|USDA|VA) 2 $630,000 $315,000 $7,613 5.06%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 2 $630,000 $315,000 $2,291 5.75%
Marquette, MI (FHA|USDA|VA) 2 $620,000 $310,000 $3,167 3.00%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 1 $615,000 $615,000 $3,007 3.63%
Wisconsin Rapids-Marshfield, WI (FHA|USDA|VA) 6 $610,000 $101,667 $2,342 3.41%
Red Wing, MN (FHA|USDA|VA) 2 $600,000 $300,000 $2,381 4.18%
HUNTSVILLE, AL (FHA|USDA|VA) 2 $590,000 $295,000 $2,961 4.81%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 1 $565,000 $565,000 $23,536 5.00%
Winona, MN (FHA|USDA|VA) 1 $555,000 $555,000 $4,259 3.88%
Richmond, IN (FHA|USDA|VA) 5 $545,000 $109,000 $1,875 4.42%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 2 $530,000 $265,000 $6,514 3.38%
COLUMBUS, GA-AL (FHA|USDA|VA) 1 $525,000 $525,000 $996 2.75%
Big Spring, TX (FHA|USDA|VA) 2 $520,000 $260,000 $5,313 3.94%
SIOUX FALLS, SD (FHA|USDA|VA) 2 $520,000 $260,000 $2,627 4.50%
Marshall, MN (FHA|USDA|VA) 1 $505,000 $505,000 $4,535 5.13%
WINSTON-SALEM, NC (FHA|USDA|VA) 1 $495,000 $495,000 $3,535 5.13%
Auburn, IN (FHA|USDA|VA) 2 $490,000 $245,000 $4,084 3.68%
New Castle, IN (FHA|USDA|VA) 7 $485,000 $69,286 $594 4.62%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 1 $475,000 $475,000 $4,697 4.00%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 2 $470,000 $235,000 $4,196 5.13%
Big Rapids, MI (FHA|USDA|VA) 2 $470,000 $235,000 $3,278 5.88%
Richmond-Berea, KY (FHA|USDA|VA) 1 $455,000 $455,000 $4,067 3.25%
WAUSAU-WESTON, WI (FHA|USDA|VA) 4 $450,000 $112,500 $3,158 4.44%
JACKSON, TN (FHA|USDA|VA) 1 $435,000 $435,000 $9,367 4.50%
ALBUQUERQUE, NM (FHA|USDA|VA) 1 $435,000 $435,000 $3,711 5.25%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 2 $430,000 $215,000 $2,477 3.69%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 1 $425,000 $425,000 $7,365 4.00%
Oxford, MS (FHA|USDA|VA) 1 $405,000 $405,000 $4,942 3.00%
PANAMA CITY, FL (FHA|USDA|VA) 1 $405,000 $405,000 $4,883 3.00%
Decatur, IN (FHA|USDA|VA) 3 $405,000 $135,000 $467 4.91%
Freeport, IL (FHA|USDA|VA) 2 $390,000 $195,000 $2,426 5.25%
GAINESVILLE, FL (FHA|USDA|VA) 1 $385,000 $385,000 $5,270 3.88%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 1 $385,000 $385,000 $3,519 4.25%
GRAND FORKS, ND-MN (FHA|USDA|VA) 2 $370,000 $185,000 $3,010 5.31%
FOND DU LAC, WI (FHA|USDA|VA) 4 $370,000 $92,500 $2,271 4.78%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 1 $365,000 $365,000 $3,744 4.75%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 1 $355,000 $355,000 $4,846 5.63%
ASHEVILLE, NC (FHA|USDA|VA) 1 $345,000 $345,000 $6,409 3.38%
MANCHESTER-NASHUA, NH (FHA|USDA|VA) 1 $335,000 $335,000 $3,322 5.00%
LAS CRUCES, NM (FHA|USDA|VA) 1 $335,000 $335,000 $3,900 3.75%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 1 $315,000 $315,000 $3,740 5.63%
West Plains, MO (FHA|USDA|VA) 1 $315,000 $315,000 $2,988 5.25%
Seneca, SC (FHA|USDA|VA) 1 $315,000 $315,000 $5,051 5.38%
Cullowhee, NC (FHA|USDA|VA) 1 $295,000 $295,000 $3,789 3.63%
PITTSBURGH, PA (FHA|USDA|VA) 1 $285,000 $285,000 $4,949 4.50%
Iron Mountain, MI-WI (FHA|USDA|VA) 3 $285,000 $95,000 $1,228 6.08%
Owatonna, MN (FHA|USDA|VA) 1 $275,000 $275,000 $6,203 5.00%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 1 $275,000 $275,000 $4,322 5.50%
HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) 2 $270,000 $135,000 $5,326 6.00%
Shawano, WI (FHA|USDA|VA) 2 $270,000 $135,000 $2,943 3.13%
Pinehurst-Southern Pines, NC (FHA|USDA|VA) 1 $265,000 $265,000 $2,513 3.75%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 1 $265,000 $265,000 $3,296 4.25%
Crawfordsville, IN (FHA|USDA|VA) 2 $260,000 $130,000 $2,191 5.25%
PEORIA, IL (FHA|USDA|VA) 1 $255,000 $255,000 $0 6.24%
Rochelle, IL (FHA|USDA|VA) 2 $250,000 $125,000 $2,630 4.37%
Faribault-Northfield, MN (FHA|USDA|VA) 2 $250,000 $125,000 $2,738 3.31%
SPRINGFIELD, MO (FHA|USDA|VA) 1 $245,000 $245,000 $10,977 3.00%
New Ulm, MN (FHA|USDA|VA) 2 $240,000 $120,000 $3,342 5.81%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 1 $235,000 $235,000 $4,601 4.75%
Clovis, NM (FHA|USDA|VA) 1 $235,000 $235,000 $10,344 3.25%
MORGANTOWN, WV (FHA|USDA|VA) 1 $235,000 $235,000 $3,116 3.88%
Logansport, IN (FHA|USDA|VA) 1 $225,000 $225,000 $2,106 3.63%
READING, PA (FHA|USDA|VA) 1 $225,000 $225,000 $3,786 3.75%
Fort Leonard Wood, MO (FHA|USDA|VA) 1 $225,000 $225,000 $10,352 6.25%
Montrose, CO (FHA|USDA|VA) 1 $225,000 $225,000 $4,589 3.88%
Dixon, IL (FHA|USDA|VA) 2 $220,000 $110,000 $3,023 4.88%
Mount Sterling, KY (FHA|USDA|VA) 1 $215,000 $215,000 $3,478 2.75%
SUMTER, SC (FHA|USDA|VA) 1 $205,000 $205,000 $3,265 5.50%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 1 $205,000 $205,000 $3,119 3.25%
Athens, OH (FHA|USDA|VA) 1 $185,000 $185,000 $5,606 6.38%
Kendallville, IN (FHA|USDA|VA) 1 $185,000 $185,000 $3,859 2.63%
Alamogordo, NM (FHA|USDA|VA) 1 $185,000 $185,000 $6,448 5.13%
Pontiac, IL (FHA|USDA|VA) 1 $185,000 $185,000 $2,666 4.13%
Charleston-Mattoon, IL (FHA|USDA|VA) 3 $155,000 $51,667 $2,391 4.54%
LANCASTER, PA (FHA|USDA|VA) 1 $155,000 $155,000 $5,649 5.63%
Houghton, MI (FHA|USDA|VA) 1 $145,000 $145,000 $3,120 6.13%
Greenville, OH (FHA|USDA|VA) 1 $145,000 $145,000 $2,592 3.50%
Marion, IN (FHA|USDA|VA) 1 $145,000 $145,000 $2,545 5.00%
Scottsburg, IN (FHA|USDA|VA) 3 $125,000 $41,667 $299 2.75%
Bellefontaine, OH (FHA|USDA|VA) 1 $125,000 $125,000 $3,240 2.88%
KOKOMO, IN (FHA|USDA|VA) 1 $115,000 $115,000 $4,115 5.25%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 1 $105,000 $105,000 $4,965 5.63%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 1 $105,000 $105,000 $5,823 5.50%
Paris, TN (FHA|USDA|VA) 1 $105,000 $105,000 $2,904 5.63%
AMES, IA (FHA|USDA|VA) 1 $105,000 $105,000 $2,490 4.13%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 1 $85,000 $85,000 $0 3.88%
Spencer, IA (FHA|USDA|VA) 1 $85,000 $85,000 $690 2.74%
Paducah, KY-IL (FHA|USDA|VA) 1 $55,000 $55,000 $676 6.49%
Grand Rapids, MN (FHA|USDA|VA) 1 $45,000 $45,000 $2,890 6.50%
BLOOMINGTON, IL (FHA|USDA|VA) 1 $35,000 $35,000 $3,519 6.50%
Greensburg, IN (FHA|USDA|VA) 1 $35,000 $35,000 $299 5.13%
Fort Dodge, IA (FHA|USDA|VA) 1 $25,000 $25,000 $0 1.99%
Bluffton, IN (FHA|USDA|VA) 1 $25,000 $25,000 $342 6.24%
Old National Bank's top markets include Chicago, Minneapolis, Indianapolis, Milwaukee, and Grand Rapids among others.

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

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 6,255 $3,423,695,000 $547,353 $3,576 4.43%
    HELOC 4,478 $661,950,000 $147,823 n/a 3.62%
    FHA 151 $28,425,000 $188,245 $6,600 5.09%
    VA 52 $15,120,000 $290,769 $7,973 4.45%
    USDA 20 $3,620,000 $181,000 $4,910 4.56%

    For 2022, Old National Bank's most frequently originated type of loan was Conventional, with 6,255 originations. Their 2nd most popular type was HELOC, with 4,478 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 4,484 $2,531,080,000 $564,469 $4,615 4.51%
    Refi 2,249 $867,725,000 $385,827 $1,295 3.80%
    Other 1,867 $293,485,000 $157,196 $2,024 3.75%
    Home Improvement 1,830 $283,020,000 $154,656 $738 3.88%
    Cash Out Refi 526 $157,500,000 $299,430 $3,326 3.99%

    For 2022, Old National Bank's most frequently cited loan purpose was Home Purchase, with 4,484 originations. The 2nd most popular reason was Refi, with 2,249 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 8,677 $2,318,075,000 $267,152 $4,151 4.07%
    15 Year 885 $155,845,000 $176,096 $1,866 3.95%
    30+ year 517 $370,265,000 $716,180 $5,788 4.17%
    10 Year 331 $245,135,000 $740,589 $540 4.51%
    5 Year 229 $447,425,000 $1,953,821 $399 4.91%
    Other 181 $488,315,000 $2,697,873 $3,268 4.36%
    20 Year 118 $27,300,000 $231,356 $1,740 4.15%
    1 Year 10 $3,070,000 $307,000 $0 4.89%
    3 Year 8 $77,380,000 $9,672,500 $331 4.77%

    For 2022, Old National Bank's most frequently cited loan duration was 30 Year, with 8,677 originations. The 2nd most popular length was 15 Year, with 885 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 3,197 $957,105,000 $299,376
    $1k-2k 2,107 $960,405,000 $455,816
    $2k-3k 327 $133,075,000 $406,957
    $3k-4k 181 $88,815,000 $490,691
    $5k+ 124 $61,280,000 $494,194
    $4k-5k 94 $49,390,000 $525,426

    Old National Bank's average total fees were $4,151, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 3,197 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 2,751 $1,244,065,000 $452,223
    4-5% 2,359 $1,083,615,000 $459,354
    5-6% 2,065 $598,325,000 $289,746
    <2.5% 1,612 $408,170,000 $253,207
    2.5-3% 1,267 $553,615,000 $436,949
    6-7% 761 $201,245,000 $264,448
    7-8% 132 $15,880,000 $120,303
    Over 8% 8 $890,000 $111,250
    % 1 $27,005,000 $27,005,000

    During 2022, Old National Bank's average interest rate for loans was 4.07%, while their most frequently originated rate bucket for loans was 3-4%, with 2,751 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 3,178 $176,150,000 $55,428 $1,145 4.15%
    $100k-200k 2,889 $399,715,000 $138,358 $2,809 4.09%
    $200k-400k 2,511 $692,695,000 $275,864 $3,853 4.24%
    $600k-1MM 966 $731,940,000 $757,702 $5,663 3.87%
    $400k-600k 910 $441,270,000 $484,912 $4,597 4.14%
    $1MM+ 502 $1,691,040,000 $3,368,606 $6,803 3.67%

    2022 saw Old National Bank place emphasis on $100,000 or less loans with 3,178 originations, totaling $176,150,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 2,162 $468,170,000 $216,545 $3,563 4.09%
    $150k-250k 2,114 $715,690,000 $338,548 $4,507 3.90%
    $250k+ 1,808 $1,135,290,000 $627,926 $5,397 3.81%
    $50k-75k 1,683 $224,335,000 $133,295 $2,863 4.35%
    $75k-100k 1,444 $224,130,000 $155,215 $3,049 4.24%
    $50k or less 1,157 $112,095,000 $96,884 $2,312 4.41%

    Old National Bank lent most frequently to those with incomes in the $100k-150k range, with 2,162 originations. The second most popular income band? $150k-250k, with 2,114 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 2,735 $687,015,000 $251,194 $3,255 4.00%
    30-36% 2,079 $602,375,000 $289,743 $3,764 4.14%
    <20% 1,547 $370,095,000 $239,234 $2,714 3.78%
    44% 436 $84,090,000 $192,867 $4,233 4.30%
    38% 413 $140,575,000 $340,375 $4,160 4.15%
    42% 411 $136,605,000 $332,372 $4,034 4.17%
    39% 411 $129,925,000 $316,119 $3,891 4.11%
    40% 395 $122,695,000 $310,620 $4,090 4.25%
    41% 394 $126,090,000 $320,025 $3,942 4.08%
    37% 383 $120,195,000 $313,825 $4,105 4.20%
    36% 356 $111,100,000 $312,079 $3,929 4.20%
    43% 305 $69,415,000 $227,590 $3,959 4.15%
    45% 243 $54,185,000 $222,984 $4,141 4.50%
    46% 120 $34,560,000 $288,000 $4,056 4.45%
    49% 111 $35,635,000 $321,036 $4,341 4.64%
    48% 100 $29,200,000 $292,000 $3,930 4.68%
    47% 99 $29,135,000 $294,293 $4,350 4.72%
    50-60% 80 $35,740,000 $446,750 $7,137 4.02%
    >60% 17 $6,375,000 $375,000 $5,593 3.54%

    Old National Bank lent most frequently to those with DTI ratios of 20-30%, with 2,735 originations. The next most common DTI ratio? 30-36%, with 2,079 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 8,202 $2,241,410,000 $273,276 $3,691 4.10%
    Not applicable 274 $1,197,670,000 $4,371,058 $0 4.58%
    Not provided 1,728 $424,030,000 $245,388 $3,229 4.00%
    Asian 363 $181,075,000 $498,829 $4,854 4.10%
    Black 302 $63,390,000 $209,901 $3,383 4.58%
    Asian Indian 35 $13,215,000 $377,571 $3,989 3.65%
    American Indian 25 $5,565,000 $222,600 $4,544 4.50%
    Native Hawaiian or Islander 9 $2,645,000 $293,889 $2,854 4.13%
    Other Asian 7 $1,915,000 $273,571 $5,132 4.03%
    Korean 3 $725,000 $241,667 $2,042 3.78%
    Filipino 3 $625,000 $208,333 $0 2.66%
    Other Pacific Islander 3 $285,000 $95,000 $157 5.24%
    Japanese 1 $155,000 $155,000 $0 2.24%
    Vietnamese 1 $105,000 $105,000 $0 3.99%

    Approval Rates

    Total approvals of all applications
    78.03%

    Old National Bank has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    86.35%

    Old National Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 10,956 $4,132,810,000 $377,219

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    10,956 $4,132,810,000 $377,219

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 2,295 $423,325,000 $184,455 $1,520 3.72%
    40-60% 1,395 $796,915,000 $571,265 $2,767 3.86%
    60-80% 2,523 $1,471,295,000 $583,153 $3,895 4.23%
    80-100% 2,873 $1,299,445,000 $452,296 $4,568 4.46%
    Over 100% 13 $10,395,000 $799,615 $11,944 5.02%
    Under 20% 1,856 $131,330,000 $70,760 $566 4.05%