First Internet Bank Of Indiana Mortgage Rates, Fees & Info

Fishers, IN

LEI: 549300B81YWV4GBENI49

Tax ID: 35-2029944

5 stars - out of 5 stars, based on 51 reviews

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

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Mortgage Data

  • SimulatedRates™
  • Bank Data

    Review & Overview

    First Internet Bank Of Indiana is a smaller bank specializing in Refi and Home Purchase loans. First Internet Bank Of Indiana 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.) Their top markets by origination volume include: Indianapolis, New York, Phoenix, Las Vegas, and Washington among others. We have data for 330 markets. (Some data included below & more in-depth data is available with an active subscription.)

    First Internet Bank Of Indiana has an above average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders. First Internet Bank Of Indiana is typically an average 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.

    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
    30 Year Conventional Purchase 6.82% 11/27/22
    30 Year Conventional Refi 6.63% 11/27/22
    30 Year Cash-out Refi 6.74% 11/27/22
    30 Year FHA Purchase 7.27% 11/27/22
    30 Year FHA Refi 7.29% 11/27/22
    30 Year VA Purchase 6.46% 11/27/22
    30 Year VA Refi 6.24% 11/27/22
    15 Year Conventional Purchase 6.20% 11/27/22
    15 Year Conventional Refi 6.07% 11/27/22
    15 Year Cash-out Refi 6.07% 11/27/22
    15 Year FHA Purchase 5.90% 11/27/22
    15 Year FHA Refi 5.90% 11/27/22
    15 Year VA Purchase 5.54% 11/27/22
    15 Year VA Refi 5.90% 11/27/22
    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.


    Originations

    2,565

    Origination Dollar Volume (All Markets)

    $855,955,000

    Employee count

    284 Show all (51) awards

    Relative Rate

    First Internet Bank Of Indiana's average 30 year fixed mortgage rate was 2.97%.

    The 2021 average 30 year fixed rate mortgage across all markets and lenders was 3.15%.

    This yields a difference of -0.18%.

    Relative Fees (Closing Costs)

    First Internet Bank Of Indiana's average total fees/closing costs for a 30 year fixed rate mortgage were $3,452.

    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 $4,750.

    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
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 532 $186,860,000 $351,241 $3,037 3.19%
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 146 $57,290,000 $392,397 $3,562 2.70%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 79 $27,345,000 $346,139 $2,787 2.77%
    LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 75 $24,935,000 $332,467 $3,121 2.86%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 64 $24,470,000 $382,344 $2,747 2.69%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 63 $21,375,000 $339,286 $4,438 2.75%
    Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 47 $20,355,000 $433,085 $3,245 2.65%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 61 $19,265,000 $315,820 $4,073 2.79%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 38 $18,810,000 $495,000 $3,560 2.81%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 59 $17,625,000 $298,729 $3,225 2.80%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 44 $15,090,000 $342,955 $2,806 2.82%
    Outside of Metro Areas 50 $13,940,000 $278,800 $3,499 2.82%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 42 $13,880,000 $330,476 $4,086 2.73%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 44 $12,640,000 $287,273 $4,279 2.63%
    PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 30 $12,580,000 $419,333 $3,689 2.67%
    Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 34 $11,840,000 $348,235 $2,722 2.61%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 34 $11,820,000 $347,647 $4,237 2.85%
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 36 $11,720,000 $325,556 $2,703 2.61%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 28 $10,760,000 $384,286 $2,689 2.78%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 19 $9,475,000 $498,684 $3,006 2.66%
    RALEIGH-CARY, NC (FHA|USDA|VA) 30 $9,270,000 $309,000 $3,299 2.70%
    BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 21 $7,675,000 $365,476 $2,861 2.70%
    Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 21 $6,565,000 $312,619 $2,646 2.74%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 18 $6,330,000 $351,667 $3,227 2.78%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 20 $6,320,000 $316,000 $3,624 2.73%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 21 $6,195,000 $295,000 $3,468 2.58%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 17 $6,045,000 $355,588 $3,078 2.74%
    NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 16 $5,390,000 $336,875 $3,050 2.63%
    BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 11 $5,335,000 $485,000 $3,923 2.58%
    BOISE CITY, ID (FHA|USDA|VA) 18 $5,250,000 $291,667 $3,617 2.76%
    KANSAS CITY, MO-KS (FHA|USDA|VA) 21 $5,115,000 $243,571 $2,495 2.70%
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 10 $5,050,000 $505,000 $3,141 2.75%
    BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 14 $4,310,000 $307,857 $3,183 2.74%
    JACKSONVILLE, FL (FHA|USDA|VA) 11 $4,125,000 $375,000 $3,482 2.43%
    RENO, NV (FHA|USDA|VA) 12 $4,080,000 $340,000 $3,442 2.95%
    PITTSBURGH, PA (FHA|USDA|VA) 15 $4,045,000 $269,667 $4,112 2.58%
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 11 $3,995,000 $363,182 $3,766 2.75%
    HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 16 $3,960,000 $247,500 $3,320 2.80%
    ALBUQUERQUE, NM (FHA|USDA|VA) 14 $3,710,000 $265,000 $3,571 2.72%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 14 $3,670,000 $262,143 $3,276 2.85%
    RICHMOND, VA (FHA|USDA|VA) 10 $3,470,000 $347,000 $2,622 2.65%
    SALT LAKE CITY, UT (FHA|USDA|VA) 9 $3,375,000 $375,000 $3,064 2.68%
    LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) 7 $3,235,000 $462,143 $3,719 3.20%
    OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 6 $3,200,000 $533,333 $4,444 2.73%
    ST. LOUIS, MO-IL (FHA|USDA|VA) 10 $3,030,000 $303,000 $2,921 2.74%
    PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 10 $2,930,000 $293,000 $2,980 2.76%
    COLORADO SPRINGS, CO (FHA|USDA|VA) 9 $2,895,000 $321,667 $2,499 2.60%
    CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 8 $2,890,000 $361,250 $4,088 2.83%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 6 $2,850,000 $475,000 $4,799 2.71%
    PROVO-OREM, UT (FHA|USDA|VA) 7 $2,785,000 $397,857 $3,213 3.04%
    COLUMBUS, OH (FHA|USDA|VA) 11 $2,625,000 $238,636 $2,605 2.53%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 8 $2,620,000 $327,500 $5,223 2.53%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 9 $2,595,000 $288,333 $3,149 2.83%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 11 $2,585,000 $235,000 $3,401 3.02%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 9 $2,575,000 $286,111 $3,626 2.39%
    NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 8 $2,430,000 $303,750 $3,238 2.80%
    BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) 10 $2,400,000 $240,000 $2,626 2.68%
    KAHULUI-WAILUKU-LAHAINA, HI (FHA|USDA|VA) 5 $2,355,000 $471,000 $4,282 2.70%
    BATON ROUGE, LA (FHA|USDA|VA) 7 $2,275,000 $325,000 $3,681 2.70%
    LOUISVILLE/JEFFERSON COUNTY, KY-IN (FHA|USDA|VA) 4 $2,260,000 $565,000 $4,994 2.75%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 7 $2,125,000 $303,571 $4,508 2.75%
    PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 7 $2,055,000 $293,571 $2,915 2.84%
    MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 7 $2,035,000 $290,714 $2,309 2.86%
    CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 9 $2,035,000 $226,111 $2,364 2.71%
    OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 7 $2,035,000 $290,714 $2,784 2.61%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 9 $2,025,000 $225,000 $4,808 2.63%
    GAINESVILLE, GA (FHA|USDA|VA) 1 $1,995,000 $1,995,000 $9,221 2.50%
    ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 7 $1,965,000 $280,714 $3,396 2.59%
    Jackson, WY-ID (FHA|USDA|VA) 1 $1,935,000 $1,935,000 $29,549 2.63%
    DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 7 $1,825,000 $260,714 $2,832 2.70%
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 6 $1,800,000 $300,000 $2,897 2.58%
    OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 5 $1,775,000 $355,000 $3,045 2.90%
    EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 7 $1,755,000 $250,714 $3,299 2.95%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 4 $1,700,000 $425,000 $3,695 2.66%
    MANCHESTER-NASHUA, NH (FHA|USDA|VA) 7 $1,685,000 $240,714 $3,097 2.77%
    WORCESTER, MA-CT (FHA|USDA|VA) 6 $1,630,000 $271,667 $2,548 2.33%
    NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 7 $1,625,000 $232,143 $3,959 2.82%
    HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 7 $1,595,000 $227,857 $3,768 2.57%
    ST. GEORGE, UT (FHA|USDA|VA) 3 $1,555,000 $518,333 $3,034 2.83%
    NILES, MI (FHA|USDA|VA) 2 $1,540,000 $770,000 $3,504 2.63%
    COLUMBUS, IN (FHA|USDA|VA) 5 $1,515,000 $303,000 $3,526 2.87%
    MEMPHIS, TN-MS-AR (FHA|USDA|VA) 8 $1,420,000 $177,500 $2,374 2.72%
    URBAN HONOLULU, HI (FHA|USDA|VA) 3 $1,395,000 $465,000 $6,326 2.50%
    SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 4 $1,390,000 $347,500 $4,164 2.69%
    BURLINGTON-SOUTH BURLINGTON, VT (FHA|USDA|VA) 3 $1,385,000 $461,667 $3,297 2.46%
    SALISBURY, MD-DE (FHA|USDA|VA) 4 $1,370,000 $342,500 $4,141 2.84%
    MADISON, WI (FHA|USDA|VA) 4 $1,330,000 $332,500 $2,561 2.69%
    LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 5 $1,325,000 $265,000 $3,608 2.93%
    FRESNO, CA (FHA|USDA|VA) 3 $1,225,000 $408,333 $3,039 2.25%
    Helena, MT (FHA|USDA|VA) 4 $1,220,000 $305,000 $3,631 2.84%
    GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 5 $1,175,000 $235,000 $2,946 2.63%
    ASHEVILLE, NC (FHA|USDA|VA) 4 $1,110,000 $277,500 $2,536 2.88%
    KILLEEN-TEMPLE, TX (FHA|USDA|VA) 4 $1,110,000 $277,500 $3,809 2.84%
    SPRINGFIELD, MA (FHA|USDA|VA) 3 $1,095,000 $365,000 $4,140 2.79%
    FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 4 $1,090,000 $272,500 $2,595 2.53%
    MEDFORD, OR (FHA|USDA|VA) 2 $1,080,000 $540,000 $5,230 2.75%
    KNOXVILLE, TN (FHA|USDA|VA) 4 $1,060,000 $265,000 $2,677 2.66%
    ANN ARBOR, MI (FHA|USDA|VA) 2 $1,050,000 $525,000 $2,498 2.63%
    GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 5 $1,045,000 $209,000 $2,531 2.93%
    CLARKSVILLE, TN-KY (FHA|USDA|VA) 3 $995,000 $331,667 $0 3.50%
    Truckee-Grass Valley, CA (FHA|USDA|VA) 3 $985,000 $328,333 $2,459 2.83%
    YUBA CITY, CA (FHA|USDA|VA) 3 $985,000 $328,333 $4,565 2.42%
    CHATTANOOGA, TN-GA (FHA|USDA|VA) 4 $970,000 $242,500 $2,301 2.91%
    PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 3 $965,000 $321,667 $4,085 3.08%
    WINSTON-SALEM, NC (FHA|USDA|VA) 5 $935,000 $187,000 $2,404 2.80%
    SYRACUSE, NY (FHA|USDA|VA) 3 $935,000 $311,667 $3,702 2.88%
    TULSA, OK (FHA|USDA|VA) 5 $925,000 $185,000 $3,578 2.50%
    READING, PA (FHA|USDA|VA) 4 $920,000 $230,000 $3,412 2.59%
    Glenwood Springs, CO (FHA|USDA|VA) 1 $915,000 $915,000 $11,206 2.88%
    REDDING, CA (FHA|USDA|VA) 2 $910,000 $455,000 $3,856 2.94%
    AKRON, OH (FHA|USDA|VA) 4 $910,000 $227,500 $2,170 2.38%
    PANAMA CITY, FL (FHA|USDA|VA) 3 $905,000 $301,667 $3,748 2.63%
    HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 2 $880,000 $440,000 $3,988 2.38%
    TWIN FALLS, ID (FHA|USDA|VA) 2 $880,000 $440,000 $4,381 2.63%
    CHARLESTON, WV (FHA|USDA|VA) 2 $880,000 $440,000 $3,692 2.50%
    POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 4 $860,000 $215,000 $4,411 2.56%
    SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 4 $860,000 $215,000 $2,552 2.78%
    LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 3 $855,000 $285,000 $4,552 2.71%
    ROCHESTER, NY (FHA|USDA|VA) 3 $845,000 $281,667 $4,701 2.79%
    Cullman, AL (FHA|USDA|VA) 3 $845,000 $281,667 $3,601 2.67%
    VALLEJO, CA (FHA|USDA|VA) 2 $830,000 $415,000 $2,220 2.88%
    SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 1 $825,000 $825,000 $2,956 2.88%
    HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 3 $815,000 $271,667 $3,552 2.63%
    CORPUS CHRISTI, TX (FHA|USDA|VA) 3 $815,000 $271,667 $3,866 2.71%
    Seneca, SC (FHA|USDA|VA) 2 $810,000 $405,000 $3,627 3.00%
    TRENTON-PRINCETON, NJ (FHA|USDA|VA) 3 $795,000 $265,000 $3,047 2.50%
    CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 2 $780,000 $390,000 $2,473 2.50%
    Plymouth, IN (FHA|USDA|VA) 2 $780,000 $390,000 $2,772 3.38%
    WILMINGTON, NC (FHA|USDA|VA) 3 $775,000 $258,333 $4,377 2.79%
    TUCSON, AZ (FHA|USDA|VA) 3 $765,000 $255,000 $2,894 2.96%
    Concord, NH (FHA|USDA|VA) 3 $765,000 $255,000 $3,815 2.63%
    Morehead City, NC (FHA|USDA|VA) 2 $760,000 $380,000 $2,917 2.69%
    Jefferson, GA (FHA|USDA|VA) 2 $750,000 $375,000 $2,891 2.81%
    BOWLING GREEN, KY (FHA|USDA|VA) 2 $740,000 $370,000 $2,911 3.00%
    BOULDER, CO (FHA|USDA|VA) 2 $730,000 $365,000 $3,296 2.88%
    Outside of Metro Areas 3 $715,000 $238,333 $4,084 2.58%
    DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 2 $710,000 $355,000 $4,144 3.13%
    CHEYENNE, WY (FHA|USDA|VA) 2 $690,000 $345,000 $3,608 2.63%
    FORT WAYNE, IN (FHA|USDA|VA) 2 $680,000 $340,000 $2,664 3.00%
    GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 3 $675,000 $225,000 $2,412 2.58%
    GREELEY, CO (FHA|USDA|VA) 2 $650,000 $325,000 $2,432 3.00%
    WACO, TX (FHA|USDA|VA) 2 $650,000 $325,000 $3,207 2.63%
    HUNTSVILLE, AL (FHA|USDA|VA) 3 $645,000 $215,000 $2,260 2.29%
    SANTA FE, NM (FHA|USDA|VA) 3 $625,000 $208,333 $3,174 2.54%
    SPRINGFIELD, MO (FHA|USDA|VA) 3 $625,000 $208,333 $2,169 3.00%
    Sandpoint, ID (FHA|USDA|VA) 2 $620,000 $310,000 $4,490 2.93%
    SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 2 $620,000 $310,000 $3,832 2.69%
    Lebanon, NH-VT (FHA|USDA|VA) 3 $615,000 $205,000 $3,603 2.75%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 2 $610,000 $305,000 $2,864 2.19%
    Kalispell, MT (FHA|USDA|VA) 2 $590,000 $295,000 $3,347 3.00%
    JACKSON, MS (FHA|USDA|VA) 2 $590,000 $295,000 $2,942 2.63%
    New Castle, IN (FHA|USDA|VA) 2 $590,000 $295,000 $3,220 3.18%
    Warsaw, IN (FHA|USDA|VA) 2 $580,000 $290,000 $2,532 3.00%
    GRANTS PASS, OR (FHA|USDA|VA) 2 $580,000 $290,000 $3,596 2.75%
    SALEM, OR (FHA|USDA|VA) 3 $575,000 $191,667 $2,606 2.63%
    SHERMAN-DENISON, TX (FHA|USDA|VA) 1 $555,000 $555,000 $5,593 2.38%
    Salem, OH (FHA|USDA|VA) 2 $550,000 $275,000 $3,284 2.75%
    NAPA, CA (FHA|USDA|VA) 2 $550,000 $275,000 $2,826 2.56%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 2 $550,000 $275,000 $4,436 2.63%
    Ludington, MI (FHA|USDA|VA) 1 $545,000 $545,000 $3,309 2.88%
    MUSKEGON, MI (FHA|USDA|VA) 1 $545,000 $545,000 $3,357 2.75%
    TUSCALOOSA, AL (FHA|USDA|VA) 2 $540,000 $270,000 $3,964 2.44%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 2 $530,000 $265,000 $4,522 2.69%
    SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 1 $525,000 $525,000 $4,307 2.88%
    WINCHESTER, VA-WV (FHA|USDA|VA) 2 $520,000 $260,000 $3,270 3.00%
    DAYTON-KETTERING, OH (FHA|USDA|VA) 2 $520,000 $260,000 $2,834 2.88%
    Sebastian-Vero Beach, FL (FHA|USDA|VA) 1 $515,000 $515,000 $5,303 2.38%
    ROCHESTER, MN (FHA|USDA|VA) 2 $510,000 $255,000 $2,453 2.69%
    FLAGSTAFF, AZ (FHA|USDA|VA) 2 $500,000 $250,000 $2,170 2.88%
    Moses Lake, WA (FHA|USDA|VA) 2 $500,000 $250,000 $2,923 2.50%
    LYNCHBURG, VA (FHA|USDA|VA) 1 $495,000 $495,000 $2,105 2.13%
    ROANOKE, VA (FHA|USDA|VA) 1 $495,000 $495,000 $5,108 2.63%
    WAUSAU-WESTON, WI (FHA|USDA|VA) 1 $485,000 $485,000 $3,761 2.75%
    COLUMBIA, SC (FHA|USDA|VA) 3 $485,000 $161,667 $3,000 2.75%
    Brainerd, MN (FHA|USDA|VA) 2 $480,000 $240,000 $2,032 2.69%
    LANSING-EAST LANSING, MI (FHA|USDA|VA) 2 $480,000 $240,000 $2,602 2.19%
    Georgetown, SC (FHA|USDA|VA) 2 $470,000 $235,000 $5,515 2.56%
    NORWICH-NEW LONDON, CT (FHA|USDA|VA) 3 $455,000 $151,667 $2,655 3.04%
    SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 1 $455,000 $455,000 $2,611 2.75%
    Durango, CO (FHA|USDA|VA) 1 $455,000 $455,000 $2,845 2.75%
    Laconia, NH (FHA|USDA|VA) 1 $445,000 $445,000 $3,600 2.88%
    LAFAYETTE, LA (FHA|USDA|VA) 2 $440,000 $220,000 $3,787 2.94%
    SAVANNAH, GA (FHA|USDA|VA) 1 $435,000 $435,000 $2,864 2.88%
    Torrington, CT (FHA|USDA|VA) 1 $435,000 $435,000 $8,373 2.00%
    FORT COLLINS, CO (FHA|USDA|VA) 2 $430,000 $215,000 $2,717 2.94%
    LOGAN, UT-ID (FHA|USDA|VA) 1 $415,000 $415,000 $2,234 2.75%
    LONGVIEW, WA (FHA|USDA|VA) 1 $415,000 $415,000 $2,922 3.13%
    Hudson, NY (FHA|USDA|VA) 1 $415,000 $415,000 $2,368 2.50%
    Bozeman, MT (FHA|USDA|VA) 1 $405,000 $405,000 $2,839 2.75%
    LAKE CHARLES, LA (FHA|USDA|VA) 1 $405,000 $405,000 $2,475 2.63%
    Kill Devil Hills, NC (FHA|USDA|VA) 1 $405,000 $405,000 $3,708 2.99%
    LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 1 $405,000 $405,000 $2,329 2.88%
    Albemarle, NC (FHA|USDA|VA) 1 $405,000 $405,000 $4,089 2.99%
    OKLAHOMA CITY, OK (FHA|USDA|VA) 2 $400,000 $200,000 $2,721 3.06%
    KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 1 $395,000 $395,000 $3,455 2.75%
    GULFPORT-BILOXI, MS (FHA|USDA|VA) 1 $395,000 $395,000 $2,580 2.13%
    ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 2 $390,000 $195,000 $2,500 3.19%
    DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 2 $390,000 $195,000 $2,651 3.06%
    Centralia, WA (FHA|USDA|VA) 1 $385,000 $385,000 $7,520 2.00%
    Port Angeles, WA (FHA|USDA|VA) 1 $375,000 $375,000 $3,150 3.00%
    Meridian, MS (FHA|USDA|VA) 1 $375,000 $375,000 $2,266 2.25%
    Tullahoma-Manchester, TN (FHA|USDA|VA) 1 $365,000 $365,000 $2,164 3.00%
    PITTSFIELD, MA (FHA|USDA|VA) 1 $365,000 $365,000 $2,955 2.99%
    CLEVELAND, TN (FHA|USDA|VA) 1 $365,000 $365,000 $2,189 2.88%
    TEXARKANA, TX-AR (FHA|USDA|VA) 1 $365,000 $365,000 $4,299 2.99%
    BARNSTABLE TOWN, MA (FHA|USDA|VA) 2 $360,000 $180,000 $2,694 2.69%
    MIDLAND, MI (FHA|USDA|VA) 1 $345,000 $345,000 $1,193 2.25%
    MUNCIE, IN (FHA|USDA|VA) 1 $335,000 $335,000 $4,396 3.25%
    YUMA, AZ (FHA|USDA|VA) 1 $335,000 $335,000 $5,575 2.25%
    PUNTA GORDA, FL (FHA|USDA|VA) 1 $325,000 $325,000 $4,361 2.75%
    CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) 1 $325,000 $325,000 $4,760 3.38%
    YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 2 $320,000 $160,000 $2,256 2.75%
    MADERA, CA (FHA|USDA|VA) 1 $315,000 $315,000 $2,946 2.75%
    YAKIMA, WA (FHA|USDA|VA) 1 $315,000 $315,000 $2,190 2.25%
    Riverton, WY (FHA|USDA|VA) 1 $315,000 $315,000 $1,793 2.63%
    Traverse City, MI (FHA|USDA|VA) 1 $315,000 $315,000 $2,816 2.38%
    TYLER, TX (FHA|USDA|VA) 1 $315,000 $315,000 $2,643 2.88%
    OCEAN CITY, NJ (FHA|USDA|VA) 2 $310,000 $155,000 $4,985 2.75%
    Hilo, HI (FHA|USDA|VA) 1 $305,000 $305,000 $4,534 2.75%
    Granbury, TX (FHA|USDA|VA) 1 $305,000 $305,000 $4,192 2.50%
    Hutchinson, MN (FHA|USDA|VA) 1 $305,000 $305,000 $3,280 2.88%
    TOLEDO, OH (FHA|USDA|VA) 1 $305,000 $305,000 $2,156 2.13%
    KINGSTON, NY (FHA|USDA|VA) 1 $305,000 $305,000 $2,779 2.88%
    CHICO, CA (FHA|USDA|VA) 1 $305,000 $305,000 $2,271 2.75%
    WICHITA, KS (FHA|USDA|VA) 2 $300,000 $150,000 $2,527 2.81%
    Boone, NC (FHA|USDA|VA) 1 $295,000 $295,000 $2,469 2.88%
    MISSOULA, MT (FHA|USDA|VA) 1 $295,000 $295,000 $2,836 2.50%
    LEBANON, PA (FHA|USDA|VA) 1 $275,000 $275,000 $3,445 2.88%
    SPRINGFIELD, OH (FHA|USDA|VA) 1 $275,000 $275,000 $2,736 2.38%
    Key West, FL (FHA|USDA|VA) 1 $275,000 $275,000 $8,308 2.50%
    ANCHORAGE, AK (FHA|USDA|VA) 1 $275,000 $275,000 $2,615 2.88%
    AMARILLO, TX (FHA|USDA|VA) 1 $275,000 $275,000 $3,759 2.75%
    BRUNSWICK, GA (FHA|USDA|VA) 1 $275,000 $275,000 $12,411 2.63%
    LAWTON, OK (FHA|USDA|VA) 1 $275,000 $275,000 $4,223 2.38%
    JACKSON, TN (FHA|USDA|VA) 1 $265,000 $265,000 $2,605 3.25%
    Fort Dodge, IA (FHA|USDA|VA) 1 $265,000 $265,000 $2,161 2.50%
    WATERTOWN-FORT DRUM, NY (FHA|USDA|VA) 1 $265,000 $265,000 $3,555 2.75%
    NEW BERN, NC (FHA|USDA|VA) 1 $265,000 $265,000 $2,178 3.00%
    DECATUR, AL (FHA|USDA|VA) 1 $265,000 $265,000 $3,709 3.13%
    BLOOMINGTON, IN (FHA|USDA|VA) 1 $265,000 $265,000 $2,607 3.00%
    LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 2 $260,000 $130,000 $2,019 2.81%
    ERIE, PA (FHA|USDA|VA) 2 $260,000 $130,000 $3,395 3.19%
    DULUTH, MN-WI (FHA|USDA|VA) 1 $255,000 $255,000 $2,528 2.38%
    Columbus, MS (FHA|USDA|VA) 1 $245,000 $245,000 $2,340 2.13%
    Beaver Dam, WI (FHA|USDA|VA) 1 $245,000 $245,000 $6,153 2.63%
    LEWISTON, ID-WA (FHA|USDA|VA) 1 $245,000 $245,000 $3,002 2.75%
    Ruidoso, NM (FHA|USDA|VA) 2 $240,000 $120,000 $4,347 2.94%
    GADSDEN, AL (FHA|USDA|VA) 1 $235,000 $235,000 $4,089 2.88%
    STOCKTON, CA (FHA|USDA|VA) 1 $235,000 $235,000 $2,150 2.25%
    Los Alamos, NM (FHA|USDA|VA) 1 $225,000 $225,000 $3,205 2.38%
    CHARLOTTESVILLE, VA (FHA|USDA|VA) 1 $225,000 $225,000 $2,626 3.00%
    EL CENTRO, CA (FHA|USDA|VA) 1 $225,000 $225,000 $2,050 2.13%
    FLINT, MI (FHA|USDA|VA) 1 $225,000 $225,000 $3,074 3.38%
    FLORENCE, SC (FHA|USDA|VA) 1 $225,000 $225,000 $4,826 2.13%
    GREENVILLE, NC (FHA|USDA|VA) 1 $225,000 $225,000 $2,252 2.75%
    Salina, KS (FHA|USDA|VA) 1 $225,000 $225,000 $2,689 2.88%
    WENATCHEE, WA (FHA|USDA|VA) 1 $215,000 $215,000 $4,020 2.75%
    Hailey, ID (FHA|USDA|VA) 1 $205,000 $205,000 $4,032 2.38%
    Hillsdale, MI (FHA|USDA|VA) 1 $205,000 $205,000 $3,304 2.75%
    Huntingdon, PA (FHA|USDA|VA) 1 $205,000 $205,000 $4,759 2.75%
    Shelbyville, TN (FHA|USDA|VA) 1 $205,000 $205,000 $5,994 2.63%
    ALBANY, GA (FHA|USDA|VA) 1 $205,000 $205,000 $2,993 2.99%
    Starkville, MS (FHA|USDA|VA) 1 $205,000 $205,000 $2,114 2.25%
    BANGOR, ME (FHA|USDA|VA) 1 $205,000 $205,000 $2,029 3.00%
    GLENS FALLS, NY (FHA|USDA|VA) 1 $205,000 $205,000 $1,977 2.88%
    MOBILE, AL (FHA|USDA|VA) 1 $205,000 $205,000 $2,518 2.63%
    LANCASTER, PA (FHA|USDA|VA) 1 $195,000 $195,000 $2,999 2.50%
    RAPID CITY, SD (FHA|USDA|VA) 1 $195,000 $195,000 $2,023 2.99%
    BURLINGTON, NC (FHA|USDA|VA) 1 $195,000 $195,000 $2,155 2.38%
    Calhoun, GA (FHA|USDA|VA) 1 $195,000 $195,000 $2,749 2.63%
    Frankfort, IN (FHA|USDA|VA) 1 $195,000 $195,000 $2,648 3.75%
    Ottawa, IL (FHA|USDA|VA) 1 $195,000 $195,000 $3,089 2.13%
    Thomaston, GA (FHA|USDA|VA) 1 $195,000 $195,000 $2,250 2.88%
    GAINESVILLE, FL (FHA|USDA|VA) 2 $190,000 $95,000 $3,081 2.56%
    SAN ANGELO, TX (FHA|USDA|VA) 1 $185,000 $185,000 $8,738 2.75%
    MONTGOMERY, AL (FHA|USDA|VA) 1 $185,000 $185,000 $2,989 3.13%
    Milledgeville, GA (FHA|USDA|VA) 1 $185,000 $185,000 $2,250 2.13%
    LONGVIEW, TX (FHA|USDA|VA) 1 $185,000 $185,000 $3,211 2.88%
    HINESVILLE, GA (FHA|USDA|VA) 1 $185,000 $185,000 $0 3.99%
    Fernley, NV (FHA|USDA|VA) 1 $185,000 $185,000 $3,226 3.25%
    VINELAND-BRIDGETON, NJ (FHA|USDA|VA) 1 $185,000 $185,000 $3,687 2.99%
    Cullowhee, NC (FHA|USDA|VA) 1 $185,000 $185,000 $2,738 3.13%
    Wapakoneta, OH (FHA|USDA|VA) 1 $185,000 $185,000 $4,796 2.50%
    COLUMBUS, GA-AL (FHA|USDA|VA) 1 $185,000 $185,000 $2,276 2.25%
    Washington, NC (FHA|USDA|VA) 1 $185,000 $185,000 $2,864 2.63%
    Wilson, NC (FHA|USDA|VA) 1 $185,000 $185,000 $2,968 3.25%
    Bedford, IN (FHA|USDA|VA) 1 $185,000 $185,000 $2,375 3.13%
    Arkadelphia, AR (FHA|USDA|VA) 1 $185,000 $185,000 $2,449 3.25%
    Bay City, TX (FHA|USDA|VA) 1 $175,000 $175,000 $3,540 2.75%
    JACKSONVILLE, NC (FHA|USDA|VA) 1 $175,000 $175,000 $1,980 2.25%
    SPARTANBURG, SC (FHA|USDA|VA) 1 $175,000 $175,000 $2,511 2.63%
    STAUNTON, VA (FHA|USDA|VA) 1 $175,000 $175,000 $3,684 2.75%
    EAST STROUDSBURG, PA (FHA|USDA|VA) 1 $175,000 $175,000 $5,505 2.50%
    YORK-HANOVER, PA (FHA|USDA|VA) 1 $165,000 $165,000 $3,379 3.25%
    MANHATTAN, KS (FHA|USDA|VA) 1 $165,000 $165,000 $2,072 3.13%
    THE VILLAGES, FL (FHA|USDA|VA) 1 $165,000 $165,000 $3,174 2.88%
    MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) 1 $155,000 $155,000 $2,585 2.50%
    TALLAHASSEE, FL (FHA|USDA|VA) 1 $155,000 $155,000 $6,870 2.50%
    Portsmouth, OH (FHA|USDA|VA) 1 $155,000 $155,000 $3,189 2.75%
    OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 1 $155,000 $155,000 $2,029 2.75%
    Mountain Home, ID (FHA|USDA|VA) 1 $145,000 $145,000 $2,479 2.99%
    Pinehurst-Southern Pines, NC (FHA|USDA|VA) 1 $145,000 $145,000 $3,099 3.00%
    TERRE HAUTE, IN (FHA|USDA|VA) 1 $145,000 $145,000 $4,812 2.75%
    Stillwater, OK (FHA|USDA|VA) 1 $145,000 $145,000 $4,776 3.13%
    Athens, TN (FHA|USDA|VA) 1 $145,000 $145,000 $2,954 3.25%
    ROCKFORD, IL (FHA|USDA|VA) 1 $135,000 $135,000 $2,961 2.25%
    BAY CITY, MI (FHA|USDA|VA) 1 $135,000 $135,000 $2,586 2.88%
    GREEN BAY, WI (FHA|USDA|VA) 1 $135,000 $135,000 $2,049 3.25%
    JOPLIN, MO (FHA|USDA|VA) 1 $135,000 $135,000 $1,896 2.99%
    ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 1 $125,000 $125,000 $2,165 3.38%
    SAGINAW, MI (FHA|USDA|VA) 1 $125,000 $125,000 $2,098 3.00%
    BECKLEY, WV (FHA|USDA|VA) 1 $125,000 $125,000 $3,077 2.38%
    Crawfordsville, IN (FHA|USDA|VA) 1 $125,000 $125,000 $2,804 2.88%
    RACINE, WI (FHA|USDA|VA) 1 $125,000 $125,000 $2,382 3.38%
    Freeport, IL (FHA|USDA|VA) 1 $115,000 $115,000 $2,533 3.50%
    WARNER ROBINS, GA (FHA|USDA|VA) 1 $105,000 $105,000 $2,923 3.13%
    PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 1 $105,000 $105,000 $2,788 3.25%
    New Philadelphia-Dover, OH (FHA|USDA|VA) 1 $105,000 $105,000 $2,314 2.63%
    MORRISTOWN, TN (FHA|USDA|VA) 1 $105,000 $105,000 $2,054 2.63%
    KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) 1 $105,000 $105,000 $2,074 2.50%
    Kingsville, TX (FHA|USDA|VA) 1 $95,000 $95,000 $3,343 2.88%
    SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 1 $85,000 $85,000 $2,159 3.00%
    EVANSVILLE, IN-KY (FHA|USDA|VA) 1 $85,000 $85,000 $2,648 3.00%
    BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) 1 $85,000 $85,000 $0 2.63%
    CANTON-MASSILLON, OH (FHA|USDA|VA) 1 $75,000 $75,000 $2,595 2.63%
    OCALA, FL (FHA|USDA|VA) 1 $75,000 $75,000 $3,498 2.63%
    Wabash, IN (FHA|USDA|VA) 1 $75,000 $75,000 $1,619 2.88%
    CEDAR RAPIDS, IA (FHA|USDA|VA) 1 $65,000 $65,000 $2,715 3.25%
    TOPEKA, KS (FHA|USDA|VA) 1 $65,000 $65,000 $3,440 3.50%
    Laramie, WY (FHA|USDA|VA) 1 $35,000 $35,000 $692 6.49%
    First Internet Bank Of Indiana's top markets include Indianapolis, New York, Phoenix, Las Vegas, and Washington among others.

    Their top states include:
  • Indiana (FHA|USDA|VA)
  • California (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • New York (FHA|USDA|VA)
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 2,485 $828,885,000 $333,555 $3,250 2.84%
    VA 65 $23,305,000 $358,538 $4,517 2.50%
    FHA 15 $3,765,000 $251,000 $6,966 2.64%

    For 2021, First Internet Bank Of Indiana's most frequently originated type of loan was Conventional, with 2,485 originations. Their 2nd most popular type was VA, with 65 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 1,324 $407,290,000 $307,621 $2,837 2.70%
    Home Purchase 772 $294,700,000 $381,736 $3,981 3.07%
    Cash Out Refi 433 $143,025,000 $330,312 $3,547 2.80%
    Other 22 $6,780,000 $308,182 $3,399 3.30%
    Home Improvement 14 $4,160,000 $297,143 $3,257 2.81%

    For 2021, First Internet Bank Of Indiana's most frequently cited loan purpose was Refi, with 1,324 originations. The 2nd most popular reason was Home Purchase, with 772 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 1,758 $621,860,000 $353,732 $3,452 2.97%
    15 Year 547 $152,305,000 $278,437 $2,987 2.42%
    20 Year 138 $40,170,000 $291,087 $2,764 2.68%
    Other 51 $15,075,000 $295,588 $2,766 3.19%
    10 Year 43 $10,735,000 $249,651 $2,862 2.20%
    30+ year 28 $15,810,000 $564,643 $4,935 3.34%

    For 2021, First Internet Bank Of Indiana's most frequently cited loan duration was 30 Year, with 1,758 originations. The 2nd most popular length was 15 Year, with 547 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 1,799 $586,075,000 $325,778
    $1k-2k 464 $160,680,000 $346,293
    $2k-3k 93 $34,935,000 $375,645
    $3k-4k 52 $17,250,000 $331,731
    $5k+ 35 $19,385,000 $553,857
    $4k-5k 31 $11,825,000 $381,452

    First Internet Bank Of Indiana's average total fees were $3,452, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 1,799 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 1,292 $439,600,000 $340,248
    <2.5% 677 $214,355,000 $316,625
    3-4% 533 $175,405,000 $329,090
    4-5% 51 $24,985,000 $489,902
    6-7% 10 $1,270,000 $127,000
    5-6% 2 $340,000 $170,000

    During 2021, First Internet Bank Of Indiana's average interest rate for loans was 2.97%, while their most frequently originated rate bucket for loans was 2.5-3%, with 1,292 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 1,233 $358,185,000 $290,499 $3,151 2.77%
    $400k-600k 624 $302,660,000 $485,032 $3,848 2.77%
    $100k-200k 544 $85,540,000 $157,243 $2,619 2.92%
    $600k-1MM 92 $68,010,000 $739,239 $5,114 3.04%
    $100,000 or less 43 $3,425,000 $79,651 $2,238 3.55%
    $1MM+ 29 $38,135,000 $1,315,000 $6,387 3.49%

    2021 saw First Internet Bank Of Indiana place emphasis on $200k-400k loans with 1,233 originations, totaling $358,185,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 685 $216,245,000 $315,686 $3,239 2.78%
    $150k-250k 633 $245,985,000 $388,602 $3,633 2.75%
    $75k-100k 402 $110,790,000 $275,597 $3,074 2.84%
    $250k+ 321 $167,005,000 $520,265 $3,840 2.93%
    $50k-75k 318 $71,540,000 $224,969 $2,950 2.95%
    $50k or less 171 $34,915,000 $204,181 $2,802 2.96%

    First Internet Bank Of Indiana lent most frequently to those with incomes in the $100k-150k range, with 685 originations. The second most popular income band? $150k-250k, with 633 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 734 $244,080,000 $332,534 $3,196 2.78%
    30-36% 462 $156,140,000 $337,965 $3,362 2.84%
    <20% 374 $115,710,000 $309,385 $3,023 2.74%
    40% 99 $38,145,000 $385,303 $3,536 3.03%
    42% 92 $30,380,000 $330,217 $3,547 2.93%
    39% 88 $31,640,000 $359,545 $3,598 2.99%
    36% 86 $28,260,000 $328,605 $3,397 3.02%
    37% 81 $25,425,000 $313,889 $3,406 2.92%
    41% 76 $27,390,000 $360,395 $3,428 2.93%
    38% 72 $24,430,000 $339,306 $3,352 2.94%
    44% 62 $20,330,000 $327,903 $3,292 2.90%
    43% 59 $21,005,000 $356,017 $3,629 2.78%
    49% 53 $20,075,000 $378,774 $3,324 2.85%
    46% 51 $16,255,000 $318,725 $3,490 2.89%
    48% 48 $15,640,000 $325,833 $3,378 2.80%
    47% 43 $13,625,000 $316,860 $3,629 2.83%
    45% 42 $13,120,000 $312,381 $3,402 2.81%
    50-60% 9 $2,405,000 $267,222 $7,137 2.68%

    First Internet Bank Of Indiana lent most frequently to those with DTI ratios of 20-30%, with 734 originations. The next most common DTI ratio? 30-36%, with 462 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,824 $597,880,000 $327,785 $3,318 2.85%
    Not provided 418 $142,870,000 $341,794 $3,252 2.77%
    Asian 148 $56,590,000 $382,365 $3,411 2.71%
    Black 66 $20,200,000 $306,061 $2,871 3.23%
    Asian Indian 51 $18,495,000 $362,647 $3,486 2.72%
    Other Asian 19 $6,515,000 $342,895 $2,984 2.60%
    American Indian 18 $5,300,000 $294,444 $2,841 2.86%
    Chinese 8 $3,100,000 $387,500 $3,885 2.78%
    Korean 4 $1,230,000 $307,500 $0 3.50%
    Vietnamese 4 $1,220,000 $305,000 $2,929 3.15%
    Filipino 1 $1,075,000 $1,075,000 $5,152 3.75%
    Japanese 1 $465,000 $465,000 $2,194 2.75%
    Other Pacific Islander 1 $455,000 $455,000 $6,988 2.50%
    Native Hawaiian or Islander 1 $355,000 $355,000 $4,638 3.13%
    Native Hawaiian 1 $205,000 $205,000 $10,421 2.13%

    Approval Rates

    Total approvals of all applications
    92.36%

    First Internet Bank Of Indiana has an average approval rate.

    Pick Rate

    Approvals leading to origination
    93.02%

    First Internet Bank Of Indiana has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 2,565 $855,955,000 $333,706

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    2,565 $855,955,000 $333,706

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 202 $52,100,000 $257,921 $3,145 2.59%
    40-60% 642 $205,260,000 $319,720 $2,959 2.67%
    60-80% 1,122 $390,430,000 $347,977 $3,345 2.85%
    80-100% 577 $204,575,000 $354,549 $3,696 3.02%
    Over 100% 3 $825,000 $275,000 $8,242 2.54%
    Under 20% 19 $2,765,000 $145,526 $1,519 4.58%

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    FIRST NATIONAL BANK OF OMAHA Other type of mortgage Struggling to pay mortgage 1 25.0%
    FIRST NATIONAL BANK OF OMAHA Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 1 25.0%
    FIRST NATIONAL BANK OF OMAHA Conventional home mortgage Trouble during payment process 1 25.0%
    FIRST NATIONAL BANK OF OMAHA FHA mortgage Improper use of your report 1 25.0%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    First Internet Bank of Indiana 11201 Usa Parkway Fishers, IN 46037 Full Service Cyber Office $3,233,893

    For 2021, First Internet Bank Of Indiana had 1 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $133,920
    Net interest income $92,449
    Total noninterest income $30,310
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $446
    Trading account gains and fees $0
    Additional Noninterest Income $29,864
    Pre-tax net operating income $64,078
    Securities gains (or losses, -) $-86
    Income before extraordinary items $53,847
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $53,847
    Minority interest net income $0
    Net income $53,847
    Sale, conversion, retirement of capital stock, net $1,553
    Net operating income $53,919

    First Internet Bank Of Indiana's gross interest income from loans was $133,920,000.
    First Internet Bank Of Indiana's net interest income from loans was $92,449,000.
    First Internet Bank Of Indiana's fee based income from loans was $446,000.
    First Internet Bank Of Indiana's net income from loans was $53,847,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $41,471
    Provision for credit losses $1,030
    Total noninterest expense $57,651
    Salaries and employee benefits $36,626
    Premises and equipment expense $2,265
    Additional noninterest expense $18,760
    Applicable income taxes $10,145
    Net charge-offs $2,673
    Cash dividends $0

    First Internet Bank Of Indiana's interest expense for loans was $41,471,000.
    First Internet Bank Of Indiana's payroll and benefits expense were $36,626,000.
    First Internet Bank Of Indiana's property, plant and equipment expenses $2,265,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 0.0%
    Real Estate loans 0.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 0.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 0.0%
    HELOC loans 0.0%
    All other family 0.0%
    Commercial & industrial loans 0.0%
    Personal loans 0.0%
    Credit card loans 0.0%
    Other individual loans 0.0%
    Auto loans 0.0%
    Other consumer loans 0.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $3,231,816
    Deposits held in domestic offices $3,231,816
    Deposits by Individuals, partnerships, and corporations $2,847,701
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $226,374
    Deposits by Commercial banks and other depository institutions in U.S. $157,741
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $133,596
    Demand deposits $92,811
    Nontransaction accounts $3,098,220
    Money market deposit accounts (MMDAs) $1,631,381
    Other savings deposits (excluding MMDAs) $347,343
    Total time deposits $1,119,496
    Total time and savings deposits $3,139,005
    Noninterest-bearing deposits $170,388
    Interest-bearing deposits $3,061,428
    Retail deposits $2,692,858
    IRAs and Keogh plan accounts $44,729
    Brokered deposits $299,420
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $4,206,869
    Cash & Balances due from depository institutions $458,626
    Interest-bearing balances $451,134
    Total securities $665,541
    Federal funds sold & reverse repurchase $0
    Net loans and leases $2,907,566
    Loan and leases loss allowance $27,841
    Trading account assets $0
    Bank premises and fixed assets $59,004
    Other real estate owned $1,188
    Goodwill and other intangibles $9,465
    All other assets $105,479

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $4,206,869
    Total Liabilities $3,778,848
    Total deposits $3,231,816
    Interest-bearing deposits $3,061,428
    Deposits held in domestic offices $3,231,816
    % insured (estimated) $66
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $514,922
    Subordinated debt $0
    All other liabilities $32,110

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $2,907,566
    Loan and leases loss allowance $27,841
    Total loans and leases (domestic) $2,935,407
    All real estate loans $1,459,803
    Real estate loans in domestic offices $1,459,803
    Construction and development loans $183,589
    Residential 1-4 family construction $50,035
    Other construction, all land development and other land $133,554
    Loans secured by nonfarm nonresidential properties $1,071,487
    Nonfarm nonresidential secured by owner-occupied properties $164,617
    Commercial real estate & other non-farm, non-residential $906,870
    Multifamily residential real estate $0
    1-4 family residential loans $204,727
    Farmland loans $0
    Loans held in foreign offices $0
    Farm loans $0
    Commercial and industrial loans $566,403
    To non-U.S. addressees $0
    Loans to individuals $272,966
    Credit card loans $633
    Related Plans $116
    Consumer Auto Loans $548
    Other loans to individuals $271,669
    All other loans & leases $636,236
    Loans to foreign governments and official institutions $0
    Other loans $4
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $0
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $1,693
    Non 1-4 family restructured loans & leases $0
    Total loans and leases (foreign) $0

    First Internet Bank of Indiana had $2,907,566,000 of loans outstanding in 2021. $1,459,803,000 of loans were in real estate loans. $183,589,000 of loans were in development loans. $0 of loans were in multifamily mortgage loans. $204,727,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $633,000 of loans were in credit card loans. $548,000 of loans were in the auto loan category.

    Small Business Loans

    Categorization # of Loans in Category $ amount of loans (in 000's) Average $/loan
    Nonfarm, nonresidential loans - <$1MM 441 $208,979 $473,875
    Nonfarm, nonresidential loans - <$100k 6 $263 $43,833
    Nonfarm, nonresidential loans - $100-250k 38 $5,893 $155,079
    Nonfarm, nonresidential loans - $250k-1MM 397 $202,823 $510,889
    Commercial & Industrial, US addressed loans - <$1MM 980 $268,666 $274,149
    Commercial & Industrial, US addressed loans - <$100k 175 $3,835 $21,914
    Commercial & Industrial, US addressed loans - $100-250k 174 $14,826 $85,207
    Commercial & Industrial, US addressed loans - $250k-1MM 631 $250,005 $396,204