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 55 reviews

2020 Data | 2019 Data | 2018 Data


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 include Indianapolis, Washington, Phoenix, Seattle, and Denver among others. They have an above average approval rate for mortages when compared nationally -- and they have a below average pick rate when compared to the same sample of other lendors. First Internet Bank Of Indiana is typically a low fee lendor.


Originations

2,977

Origination Dollar Volume (All Markets)

$979,995,000

Employee count

256 Show all (54) awards

Relative Rate

First Internet Bank Of Indiana's average 30 year fixed rate mortgage of loans were 3.16%.

The 2020 average 30 year fixed rate mortgage across all markets of loans were 3.36%.

This yields a difference of -0.2%.

Relative Fees

First Internet Bank Of Indiana's average total fees for a 30 year fixed rate mortgage are $3,216.

The average total origination fees for 30 year fixed rate mortgages (for all loan values, including both points & up-front fees in addition to origination fees) are $5,021.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 688 $225,330,000 $327,515 $2,847 3.34%
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV (FHA|USDA|VA) 112 $42,390,000 $378,482 $2,846 2.85%
Outside of Metro Areas 133 $36,285,000 $272,820 $3,362 3.12%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 110 $32,550,000 $295,909 $2,610 3.11%
SEATTLE-BELLEVUE-KENT, WA (FHA|USDA|VA) 67 $26,615,000 $397,239 $2,759 2.99%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 59 $21,635,000 $366,695 $2,894 2.97%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 64 $20,930,000 $327,031 $3,006 3.02%
LOS ANGELES-LONG BEACH-GLENDALE, CA (FHA|USDA|VA) 52 $20,110,000 $386,731 $2,910 3.16%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 61 $19,445,000 $318,770 $3,040 2.97%
DALLAS-PLANO-IRVING, TX (FHA|USDA|VA) 55 $17,995,000 $327,182 $3,784 3.00%
NEW YORK-JERSEY CITY-WHITE PLAINS, NY-NJ (FHA|USDA|VA) 44 $17,880,000 $406,364 $4,643 2.98%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 44 $15,770,000 $358,409 $3,825 3.02%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 49 $14,285,000 $291,531 $3,811 2.98%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 39 $14,235,000 $365,000 $3,696 2.93%
CHICAGO-NAPERVILLE-EVANSTON, IL (FHA|USDA|VA) 44 $13,220,000 $300,455 $2,887 3.02%
CAMBRIDGE-NEWTON-FRAMINGHAM, MA (FHA|USDA|VA) 33 $12,015,000 $364,091 $3,225 2.83%
NASSAU COUNTY-SUFFOLK COUNTY, NY (FHA|USDA|VA) 30 $11,570,000 $385,667 $3,345 2.90%
MONTGOMERY COUNTY-BUCKS COUNTY-CHESTER COUNTY, PA (FHA|USDA|VA) 34 $11,070,000 $325,588 $3,884 2.84%
OAKLAND-BERKELEY-LIVERMORE, CA (FHA|USDA|VA) 24 $11,020,000 $459,167 $2,702 2.92%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 29 $10,715,000 $369,483 $2,929 2.97%
FORT LAUDERDALE-POMPANO BEACH-SUNRISE, FL (FHA|USDA|VA) 30 $10,050,000 $335,000 $3,847 3.03%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 27 $9,935,000 $367,963 $2,605 2.96%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 22 $9,890,000 $449,545 $3,700 3.23%
ANAHEIM-SANTA ANA-IRVINE, CA (FHA|USDA|VA) 24 $8,980,000 $374,167 $2,804 2.88%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 27 $8,745,000 $323,889 $2,768 3.12%
NEWARK, NJ-PA (FHA|USDA|VA) 23 $8,115,000 $352,826 $3,391 3.01%
FREDERICK-GAITHERSBURG-ROCKVILLE, MD (FHA|USDA|VA) 22 $7,930,000 $360,455 $2,494 2.86%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 25 $7,885,000 $315,400 $2,606 3.06%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 23 $7,475,000 $325,000 $3,583 3.11%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 15 $7,025,000 $468,333 $2,911 2.93%
BOISE CITY, ID (FHA|USDA|VA) 19 $6,785,000 $357,105 $3,684 2.85%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 18 $6,530,000 $362,778 $2,629 3.13%
BOULDER, CO (FHA|USDA|VA) 15 $6,245,000 $416,333 $2,701 3.00%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 20 $6,180,000 $309,000 $2,733 2.68%
KANSAS CITY, MO-KS (FHA|USDA|VA) 22 $6,060,000 $275,455 $3,313 3.13%
PHILADELPHIA, PA (FHA|USDA|VA) 20 $6,030,000 $301,500 $3,997 2.93%
WARREN-TROY-FARMINGTON HILLS, MI (FHA|USDA|VA) 19 $5,965,000 $313,947 $2,804 2.88%
RALEIGH-CARY, NC (FHA|USDA|VA) 19 $5,565,000 $292,895 $3,086 3.08%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 18 $5,490,000 $305,000 $2,542 2.86%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 16 $5,400,000 $337,500 $3,413 2.88%
SALT LAKE CITY, UT (FHA|USDA|VA) 16 $5,390,000 $336,875 $3,751 3.05%
BOSTON, MA (FHA|USDA|VA) 14 $5,210,000 $372,143 $3,379 2.83%
FORT WORTH-ARLINGTON-GRAPEVINE, TX (FHA|USDA|VA) 15 $4,795,000 $319,667 $3,569 2.78%
LOUISVILLE/JEFFERSON COUNTY, KY-IN (FHA|USDA|VA) 13 $4,285,000 $329,615 $2,666 3.01%
COLUMBUS, OH (FHA|USDA|VA) 15 $4,155,000 $277,000 $2,349 3.13%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 12 $4,140,000 $345,000 $3,624 2.95%
NEW BRUNSWICK-LAKEWOOD, NJ (FHA|USDA|VA) 14 $4,130,000 $295,000 $3,202 2.79%
JACKSONVILLE, FL (FHA|USDA|VA) 11 $4,055,000 $368,636 $5,519 2.81%
PROVO-OREM, UT (FHA|USDA|VA) 11 $3,905,000 $355,000 $2,684 3.19%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 10 $3,840,000 $384,000 $2,742 3.04%
URBAN HONOLULU, HI (FHA|USDA|VA) 7 $3,635,000 $519,286 $4,718 2.86%
RENO, NV (FHA|USDA|VA) 11 $3,555,000 $323,182 $3,124 2.89%
CAMDEN, NJ (FHA|USDA|VA) 13 $3,455,000 $265,769 $3,480 3.18%
GARY, IN (FHA|USDA|VA) 14 $3,430,000 $245,000 $2,856 3.25%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 9 $3,305,000 $367,222 $3,094 2.90%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 9 $3,255,000 $361,667 $3,606 2.96%
WILMINGTON, DE-MD-NJ (FHA|USDA|VA) 8 $3,060,000 $382,500 $3,094 3.00%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 9 $3,015,000 $335,000 $3,882 3.14%
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA (FHA|USDA|VA) 7 $2,955,000 $422,143 $2,984 2.93%
ST. LOUIS, MO-IL (FHA|USDA|VA) 8 $2,900,000 $362,500 $2,781 2.88%
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL (FHA|USDA|VA) 9 $2,885,000 $320,556 $3,069 3.14%
PITTSBURGH, PA (FHA|USDA|VA) 8 $2,880,000 $360,000 $4,632 3.08%
COLORADO SPRINGS, CO (FHA|USDA|VA) 9 $2,765,000 $307,222 $3,119 3.19%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 9 $2,525,000 $280,556 $2,903 3.21%
RICHMOND, VA (FHA|USDA|VA) 9 $2,485,000 $276,111 $2,668 3.03%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 9 $2,445,000 $271,667 $3,139 2.86%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 7 $2,395,000 $342,143 $3,588 2.88%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 7 $2,385,000 $340,714 $2,802 2.98%
ROCKINGHAM COUNTY-STRAFFORD COUNTY, NH (FHA|USDA|VA) 8 $2,210,000 $276,250 $2,636 3.23%
SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 3 $2,205,000 $735,000 $5,190 3.25%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 7 $2,175,000 $310,714 $4,005 3.27%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 7 $2,175,000 $310,714 $4,115 3.38%
WORCESTER, MA-CT (FHA|USDA|VA) 6 $2,160,000 $360,000 $3,514 2.88%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 5 $2,065,000 $413,000 $4,100 2.78%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 9 $2,035,000 $226,111 $2,991 3.13%
PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 8 $1,990,000 $248,750 $2,297 2.69%
ANCHORAGE, AK (FHA|USDA|VA) 6 $1,940,000 $323,333 $4,668 2.83%
DETROIT-DEARBORN-LIVONIA, MI (FHA|USDA|VA) 7 $1,865,000 $266,429 $2,548 2.89%
FORT COLLINS, CO (FHA|USDA|VA) 5 $1,845,000 $369,000 $2,871 3.53%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 7 $1,795,000 $256,429 $3,282 3.04%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 5 $1,785,000 $357,000 $2,713 2.95%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 7 $1,785,000 $255,000 $3,151 3.00%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 6 $1,780,000 $296,667 $3,249 2.90%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 5 $1,745,000 $349,000 $3,290 3.10%
COEUR D'ALENE, ID (FHA|USDA|VA) 8 $1,740,000 $217,500 $4,253 3.06%
TUCSON, AZ (FHA|USDA|VA) 5 $1,735,000 $347,000 $2,326 2.88%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 7 $1,725,000 $246,429 $2,551 2.98%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 6 $1,720,000 $286,667 $3,093 2.85%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 4 $1,660,000 $415,000 $3,482 2.94%
LANSING-EAST LANSING, MI (FHA|USDA|VA) 5 $1,645,000 $329,000 $2,694 2.98%
ALBUQUERQUE, NM (FHA|USDA|VA) 7 $1,605,000 $229,286 $3,598 2.91%
ROCHESTER, NY (FHA|USDA|VA) 6 $1,580,000 $263,333 $3,049 2.94%
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 5 $1,565,000 $313,000 $4,182 2.93%
BATON ROUGE, LA (FHA|USDA|VA) 4 $1,540,000 $385,000 $2,372 3.25%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 5 $1,535,000 $307,000 $3,088 2.98%
TACOMA-LAKEWOOD, WA (FHA|USDA|VA) 5 $1,535,000 $307,000 $2,598 3.33%
BAKERSFIELD, CA (FHA|USDA|VA) 5 $1,525,000 $305,000 $2,679 3.18%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 6 $1,470,000 $245,000 $3,991 2.77%
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 4 $1,460,000 $365,000 $2,792 2.81%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 4 $1,370,000 $342,500 $2,565 2.91%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 4 $1,370,000 $342,500 $2,925 2.66%
VALLEJO, CA (FHA|USDA|VA) 4 $1,340,000 $335,000 $3,033 3.16%
FORT WAYNE, IN (FHA|USDA|VA) 5 $1,335,000 $267,000 $2,399 2.80%
KNOXVILLE, TN (FHA|USDA|VA) 3 $1,295,000 $431,667 $2,374 2.67%
NORTH PORT-SARASOTA-BRADENTON, FL (FHA|USDA|VA) 4 $1,280,000 $320,000 $3,984 3.16%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 5 $1,275,000 $255,000 $3,384 2.93%
MADISON, WI (FHA|USDA|VA) 4 $1,270,000 $317,500 $3,871 3.34%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 3 $1,255,000 $418,333 $2,408 3.33%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 5 $1,195,000 $239,000 $4,009 3.55%
MODESTO, CA (FHA|USDA|VA) 4 $1,180,000 $295,000 $3,937 3.44%
HUNTSVILLE, AL (FHA|USDA|VA) 3 $1,145,000 $381,667 $3,199 3.21%
LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) 6 $1,120,000 $186,667 $2,344 3.08%
MEDFORD, OR (FHA|USDA|VA) 3 $1,115,000 $371,667 $3,976 3.42%
ROCHESTER, MN (FHA|USDA|VA) 3 $1,085,000 $361,667 $2,532 2.50%
ANN ARBOR, MI (FHA|USDA|VA) 4 $1,080,000 $270,000 $2,312 3.03%
BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) 4 $1,070,000 $267,500 $2,704 2.78%
GREELEY, CO (FHA|USDA|VA) 4 $1,000,000 $250,000 $2,478 2.84%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 4 $990,000 $247,500 $3,537 2.97%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 4 $970,000 $242,500 $3,019 2.91%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 3 $965,000 $321,667 $2,497 2.92%
BRUNSWICK, GA (FHA|USDA|VA) 2 $960,000 $480,000 $9,042 2.81%
SPRINGFIELD, MA (FHA|USDA|VA) 3 $935,000 $311,667 $3,105 2.96%
ASHEVILLE, NC (FHA|USDA|VA) 3 $925,000 $308,333 $2,718 3.25%
REDDING, CA (FHA|USDA|VA) 2 $910,000 $455,000 $5,571 2.81%
CORVALLIS, OR (FHA|USDA|VA) 3 $895,000 $298,333 $2,971 2.79%
WINSTON-SALEM, NC (FHA|USDA|VA) 4 $890,000 $222,500 $5,002 3.78%
SAN RAFAEL, CA (FHA|USDA|VA) 3 $885,000 $295,000 $2,138 2.58%
TULSA, OK (FHA|USDA|VA) 2 $860,000 $430,000 $3,719 3.13%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 3 $855,000 $285,000 $3,295 3.25%
OKLAHOMA CITY, OK (FHA|USDA|VA) 3 $845,000 $281,667 $9,173 3.21%
TALLAHASSEE, FL (FHA|USDA|VA) 2 $830,000 $415,000 $6,119 3.25%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 2 $820,000 $410,000 $2,392 3.31%
HOUMA-THIBODAUX, LA (FHA|USDA|VA) 2 $810,000 $405,000 $2,321 3.00%
ELGIN, IL (FHA|USDA|VA) 2 $810,000 $405,000 $2,912 2.81%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 3 $805,000 $268,333 $2,852 3.17%
LAKE COUNTY-KENOSHA COUNTY, IL-WI (FHA|USDA|VA) 2 $800,000 $400,000 $2,422 2.88%
BELLINGHAM, WA (FHA|USDA|VA) 2 $800,000 $400,000 $2,312 2.88%
TYLER, TX (FHA|USDA|VA) 3 $795,000 $265,000 $3,266 3.04%
EAST STROUDSBURG, PA (FHA|USDA|VA) 2 $790,000 $395,000 $4,954 2.75%
SALEM, OR (FHA|USDA|VA) 2 $780,000 $390,000 $3,090 3.19%
READING, PA (FHA|USDA|VA) 3 $775,000 $258,333 $3,530 3.29%
PORT ST. LUCIE, FL (FHA|USDA|VA) 3 $765,000 $255,000 $3,006 3.25%
MANCHESTER-NASHUA, NH (FHA|USDA|VA) 3 $765,000 $255,000 $2,857 3.21%
BURLINGTON-SOUTH BURLINGTON, VT (FHA|USDA|VA) 2 $750,000 $375,000 $2,456 2.81%
CARSON CITY, NV (FHA|USDA|VA) 2 $750,000 $375,000 $3,334 3.81%
LYNCHBURG, VA (FHA|USDA|VA) 3 $745,000 $248,333 $2,128 3.17%
ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 2 $740,000 $370,000 $2,706 2.50%
YUBA CITY, CA (FHA|USDA|VA) 2 $730,000 $365,000 $3,140 3.06%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 2 $730,000 $365,000 $3,294 2.94%
FRESNO, CA (FHA|USDA|VA) 2 $720,000 $360,000 $4,405 3.06%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 2 $710,000 $355,000 $2,327 3.06%
SALISBURY, MD-DE (FHA|USDA|VA) 2 $700,000 $350,000 $3,776 3.75%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 2 $700,000 $350,000 $2,510 3.38%
BILLINGS, MT (FHA|USDA|VA) 2 $690,000 $345,000 $2,758 2.56%
CHICO, CA (FHA|USDA|VA) 2 $680,000 $340,000 $3,033 3.81%
NORWICH-NEW LONDON, CT (FHA|USDA|VA) 2 $680,000 $340,000 $3,519 2.75%
LONGVIEW, TX (FHA|USDA|VA) 3 $675,000 $225,000 $2,992 2.92%
WILMINGTON, NC (FHA|USDA|VA) 2 $660,000 $330,000 $2,969 2.88%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 2 $660,000 $330,000 $5,089 2.88%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 2 $640,000 $320,000 $2,730 2.75%
GULFPORT-BILOXI, MS (FHA|USDA|VA) 3 $625,000 $208,333 $3,832 2.88%
BEND, OR (FHA|USDA|VA) 2 $620,000 $310,000 $3,476 2.50%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 3 $615,000 $205,000 $2,878 2.75%
JACKSON, MS (FHA|USDA|VA) 2 $590,000 $295,000 $2,982 3.25%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 2 $580,000 $290,000 $9,837 2.75%
DAYTON-KETTERING, OH (FHA|USDA|VA) 2 $580,000 $290,000 $2,996 3.69%
BLOOMINGTON, IN (FHA|USDA|VA) 2 $560,000 $280,000 $2,805 3.56%
LOGAN, UT-ID (FHA|USDA|VA) 2 $560,000 $280,000 $2,760 3.31%
MISSOULA, MT (FHA|USDA|VA) 2 $550,000 $275,000 $3,407 2.69%
TOLEDO, OH (FHA|USDA|VA) 2 $550,000 $275,000 $3,211 3.13%
JACKSONVILLE, NC (FHA|USDA|VA) 3 $545,000 $181,667 $3,989 3.33%
CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 2 $540,000 $270,000 $2,641 3.50%
LAWRENCE, KS (FHA|USDA|VA) 2 $520,000 $260,000 $2,450 2.94%
MACON-BIBB COUNTY, GA (FHA|USDA|VA) 1 $515,000 $515,000 $3,536 2.50%
STOCKTON, CA (FHA|USDA|VA) 1 $515,000 $515,000 $2,899 2.88%
MIAMI-MIAMI BEACH-KENDALL, FL (FHA|USDA|VA) 2 $510,000 $255,000 $2,682 3.50%
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 2 $500,000 $250,000 $2,654 3.44%
VINELAND-BRIDGETON, NJ (FHA|USDA|VA) 2 $490,000 $245,000 $2,923 2.94%
FAIRBANKS, AK (FHA|USDA|VA) 2 $490,000 $245,000 $2,979 2.94%
SANTA FE, NM (FHA|USDA|VA) 2 $480,000 $240,000 $2,739 3.06%
HOT SPRINGS, AR (FHA|USDA|VA) 2 $480,000 $240,000 $2,756 3.56%
COLUMBUS, IN (FHA|USDA|VA) 2 $480,000 $240,000 $2,612 3.00%
MADERA, CA (FHA|USDA|VA) 2 $460,000 $230,000 $2,539 2.81%
WICHITA, KS (FHA|USDA|VA) 2 $460,000 $230,000 $4,851 3.38%
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 1 $445,000 $445,000 $5,003 3.25%
GREENVILLE, NC (FHA|USDA|VA) 1 $435,000 $435,000 $3,593 3.50%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 2 $430,000 $215,000 $2,674 3.50%
TWIN FALLS, ID (FHA|USDA|VA) 1 $425,000 $425,000 $3,649 3.25%
AKRON, OH (FHA|USDA|VA) 2 $420,000 $210,000 $2,385 3.00%
ST. GEORGE, UT (FHA|USDA|VA) 1 $415,000 $415,000 $3,335 2.50%
BOWLING GREEN, KY (FHA|USDA|VA) 1 $405,000 $405,000 $6,575 2.13%
YORK-HANOVER, PA (FHA|USDA|VA) 2 $390,000 $195,000 $3,596 2.69%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 1 $385,000 $385,000 $3,383 3.00%
CHARLESTON, WV (FHA|USDA|VA) 2 $380,000 $190,000 $3,074 2.94%
ROANOKE, VA (FHA|USDA|VA) 1 $365,000 $365,000 $2,129 3.00%
WACO, TX (FHA|USDA|VA) 1 $355,000 $355,000 $4,447 3.00%
JOPLIN, MO (FHA|USDA|VA) 2 $350,000 $175,000 $2,308 3.50%
MIDLAND, MI (FHA|USDA|VA) 1 $345,000 $345,000 $1,058 2.75%
ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 2 $330,000 $165,000 $2,527 2.88%
CORPUS CHRISTI, TX (FHA|USDA|VA) 2 $330,000 $165,000 $3,409 3.38%
EL PASO, TX (FHA|USDA|VA) 2 $330,000 $165,000 $3,262 3.06%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 1 $325,000 $325,000 $2,910 2.75%
LAS CRUCES, NM (FHA|USDA|VA) 1 $325,000 $325,000 $3,625 2.63%
GRANTS PASS, OR (FHA|USDA|VA) 1 $315,000 $315,000 $3,135 2.75%
SAVANNAH, GA (FHA|USDA|VA) 1 $315,000 $315,000 $2,318 3.63%
WINCHESTER, VA-WV (FHA|USDA|VA) 1 $305,000 $305,000 $3,260 3.38%
COLUMBIA, SC (FHA|USDA|VA) 1 $305,000 $305,000 $6,592 2.50%
HANFORD-CORCORAN, CA (FHA|USDA|VA) 1 $305,000 $305,000 $9,878 2.75%
SPARTANBURG, SC (FHA|USDA|VA) 2 $290,000 $145,000 $2,979 2.81%
TUSCALOOSA, AL (FHA|USDA|VA) 1 $285,000 $285,000 $2,187 3.25%
RACINE, WI (FHA|USDA|VA) 1 $285,000 $285,000 $2,162 2.88%
MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) 1 $285,000 $285,000 $2,166 2.75%
CANTON-MASSILLON, OH (FHA|USDA|VA) 1 $285,000 $285,000 $2,604 3.38%
MOBILE, AL (FHA|USDA|VA) 1 $265,000 $265,000 $2,162 3.25%
NEW BERN, NC (FHA|USDA|VA) 1 $265,000 $265,000 $2,725 3.63%
BARNSTABLE TOWN, MA (FHA|USDA|VA) 1 $255,000 $255,000 $2,289 2.50%
HATTIESBURG, MS (FHA|USDA|VA) 1 $255,000 $255,000 $5,857 2.75%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 1 $245,000 $245,000 $3,318 2.38%
THE VILLAGES, FL (FHA|USDA|VA) 1 $235,000 $235,000 $2,800 2.75%
EL CENTRO, CA (FHA|USDA|VA) 1 $235,000 $235,000 $2,424 3.00%
PITTSFIELD, MA (FHA|USDA|VA) 1 $235,000 $235,000 $3,843 2.75%
PEORIA, IL (FHA|USDA|VA) 2 $230,000 $115,000 $2,149 3.50%
LINCOLN, NE (FHA|USDA|VA) 2 $230,000 $115,000 $2,738 3.25%
BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 1 $225,000 $225,000 $3,682 2.75%
FAYETTEVILLE, NC (FHA|USDA|VA) 1 $225,000 $225,000 $2,684 3.38%
AMES, IA (FHA|USDA|VA) 1 $215,000 $215,000 $1,949 2.63%
LANCASTER, PA (FHA|USDA|VA) 1 $215,000 $215,000 $4,628 3.38%
KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) 1 $205,000 $205,000 $2,143 2.75%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $205,000 $205,000 $3,114 2.88%
VALDOSTA, GA (FHA|USDA|VA) 1 $205,000 $205,000 $3,441 3.38%
WARNER ROBINS, GA (FHA|USDA|VA) 1 $205,000 $205,000 $2,260 3.13%
MUNCIE, IN (FHA|USDA|VA) 2 $200,000 $100,000 $1,655 5.18%
IDAHO FALLS, ID (FHA|USDA|VA) 1 $195,000 $195,000 $6,212 1.88%
BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) 1 $195,000 $195,000 $1,999 2.75%
NILES, MI (FHA|USDA|VA) 1 $195,000 $195,000 $2,634 2.88%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 1 $195,000 $195,000 $3,647 3.00%
STAUNTON, VA (FHA|USDA|VA) 1 $175,000 $175,000 $2,378 2.88%
SALINAS, CA (FHA|USDA|VA) 1 $175,000 $175,000 $2,816 3.75%
SAN ANGELO, TX (FHA|USDA|VA) 1 $175,000 $175,000 $2,393 3.38%
ALBANY, GA (FHA|USDA|VA) 1 $165,000 $165,000 $2,832 3.88%
JEFFERSON CITY, MO (FHA|USDA|VA) 1 $165,000 $165,000 $2,069 2.75%
CHEYENNE, WY (FHA|USDA|VA) 1 $165,000 $165,000 $2,674 3.00%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 1 $165,000 $165,000 $3,044 3.38%
WENATCHEE, WA (FHA|USDA|VA) 1 $155,000 $155,000 $2,023 3.38%
SEBASTIAN-VERO BEACH, FL (FHA|USDA|VA) 1 $155,000 $155,000 $3,195 3.25%
FORT SMITH, AR-OK (FHA|USDA|VA) 1 $145,000 $145,000 $2,966 3.38%
OCALA, FL (FHA|USDA|VA) 1 $145,000 $145,000 $3,201 3.25%
YAKIMA, WA (FHA|USDA|VA) 1 $135,000 $135,000 $1,998 2.88%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 1 $125,000 $125,000 $1,984 3.13%
APPLETON, WI (FHA|USDA|VA) 1 $125,000 $125,000 $3,316 3.00%
FLINT, MI (FHA|USDA|VA) 1 $115,000 $115,000 $2,212 3.00%
UTICA-ROME, NY (FHA|USDA|VA) 1 $105,000 $105,000 $3,350 3.75%
HARRISONBURG, VA (FHA|USDA|VA) 1 $85,000 $85,000 $3,653 4.25%
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 1 $75,000 $75,000 $5,181 4.25%
GADSDEN, AL (FHA|USDA|VA) 1 $65,000 $65,000 $4,573 5.00%

First Internet Bank Of Indiana's top markets include Indianapolis, Washington, Phoenix, Seattle, and Denver among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 2,890 $950,090,000 $328,751 $3,067 3.09%
VA 66 $24,010,000 $363,788 $4,186 2.87%
FHA 21 $5,895,000 $280,714 $6,955 3.21%

For the 2020 period, First Internet Bank Of Indiana's most frequently originated loan type of loans were Conventional, with 2,890 originations. Their 2nd most popular type is VA, with 66 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Refi 2,009 $655,965,000 $326,513 $2,863 2.96%
Home Purchase 587 $200,045,000 $340,792 $3,672 3.43%
Cash Out Refi 365 $119,705,000 $327,959 $3,682 3.17%
Other 15 $3,915,000 $261,000 $3,175 3.51%
Home Improvement 1 $365,000 $365,000 $3,239 3.25%

For the 2020, First Internet Bank Of Indiana's most frequently cited loan purpose of loans were Refi, with 2,009 originations. The 2nd most popular reason of loans were Home Purchase, with 587 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 2,171 $743,015,000 $342,246 $3,216 3.16%
15 Year 625 $184,145,000 $294,632 $2,906 2.80%
20 Year 99 $29,335,000 $296,313 $2,800 3.05%
Other 70 $20,250,000 $289,286 $2,611 3.37%
10 Year 12 $3,250,000 $270,833 $2,557 2.76%

For the 2020, First Internet Bank Of Indiana's most frequently cited loan length of loans were 30 Year, with 2,171 originations. The 2nd most popular length of loans were 15 Year, with 625 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$<1k 2,048 $683,320,000 $333,652
$1k-2k 583 $187,195,000 $321,089
$2k-3k 156 $46,230,000 $296,346
$3k-4k 90 $31,070,000 $345,222
$5k+ 39 $15,815,000 $405,513

$3,216 of loans were First Internet Bank Of Indiana's average total fees, while their most frequently occuring range of origination fees were in the $<1k bucket, with 2,048 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
2.5-3% 1,219 $396,625,000 $325,369
3-4% 1,143 $386,045,000 $337,747
<2.5% 449 $150,405,000 $334,978
4-5% 139 $42,375,000 $304,856
6-7% 19 $2,765,000 $145,526
5-6% 8 $1,780,000 $222,500

During 2020, First Internet Bank Of Indiana's average interest rate of loans were 3.16%, while their most frequently originated rate bucket of loans were 2.5-3%, with 1,219 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$200k-400k 1,595 $472,005,000 $295,928 $3,049 3.01%
$400k-600k 834 $389,810,000 $467,398 $3,484 3.00%
$100k-200k 478 $75,860,000 $158,703 $2,554 3.33%
$600k-1MM 38 $28,130,000 $740,263 $4,940 3.63%
$100,000 or less 22 $1,720,000 $78,182 $1,979 4.59%
$1MM+ 10 $12,470,000 $1,247,000 $5,883 4.09%

2020 saw First Internet Bank Of Indiana place emphasis on $200k-400k loans with 1,595 originations, totaling $472,005,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$100k-150k 872 $284,060,000 $325,757 $3,163 3.02%
$150k-250k 817 $303,105,000 $370,998 $3,212 3.04%
$75k-100k 399 $115,125,000 $288,534 $3,192 3.11%
$250k+ 370 $159,010,000 $429,757 $3,218 3.16%
$50k-75k 303 $67,775,000 $223,680 $2,880 3.22%
$50k or less 162 $35,850,000 $221,296 $2,736 3.25%

First Internet Bank Of Indiana lent most frequently to those with incomes in the $100k-150k range, with 872 originations. The second most popular income band? $150k-250k, with 817 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 900 $296,810,000 $329,789 $3,070 3.04%
30-36% 554 $183,520,000 $331,264 $3,210 3.12%
<20% 486 $153,610,000 $316,070 $2,873 2.94%
37% 103 $36,185,000 $351,311 $3,296 3.06%
38% 93 $30,915,000 $332,419 $3,255 3.38%
40% 91 $30,955,000 $340,165 $3,385 3.28%
36% 86 $29,070,000 $338,023 $3,309 3.11%
44% 83 $26,875,000 $323,795 $3,078 3.17%
41% 80 $26,590,000 $332,375 $3,257 3.23%
39% 79 $25,985,000 $328,924 $2,733 3.18%
42% 73 $23,205,000 $317,877 $2,731 3.33%
43% 60 $19,630,000 $327,167 $3,372 3.20%
45% 54 $18,840,000 $348,889 $3,476 3.02%
49% 48 $15,530,000 $323,542 $3,144 3.24%
46% 44 $14,830,000 $337,045 $3,584 3.15%
48% 43 $13,975,000 $325,000 $3,099 3.09%
47% 41 $13,465,000 $328,415 $3,144 3.10%
50-60% 11 $2,705,000 $245,909 $6,012 3.23%
>60% 2 $790,000 $395,000 $9,900 2.75%

First Internet Bank Of Indiana lent most frequently to those with DTI ratios of 20-30%, with 900 originations. The next most common DTI ratio? 30-36%, with 554 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 2,174 $708,050,000 $325,690 $3,113 3.10%
Not provided 388 $127,970,000 $329,820 $3,128 3.06%
Asian 180 $64,670,000 $359,278 $3,205 2.98%
Asian Indian 100 $37,930,000 $379,300 $3,134 2.85%
Black 78 $20,840,000 $267,179 $2,883 3.37%
American Indian 21 $7,645,000 $364,048 $3,765 3.10%
Other Asian 10 $3,920,000 $392,000 $2,998 2.89%
Chinese 10 $3,130,000 $313,000 $3,219 2.95%
Filipino 6 $2,070,000 $345,000 $3,753 2.81%
Korean 5 $1,825,000 $365,000 $3,020 2.33%
Native Hawaiian 3 $1,185,000 $395,000 $2,856 3.42%
Japanese 1 $505,000 $505,000 $2,484 2.63%
Other Pacific Islander 1 $255,000 $255,000 $2,074 2.75%

Approval Rates

Total approvals of all applications
90.53%

First Internet Bank Of Indiana has an average approval rate.

Pick Rate

Approvals leading to origination
88.14%

First Internet Bank Of Indiana has an average pick rate.

Points and Fees

Points Originations Total Value Average Loan
NA 2,977 $979,995,000 $329,189

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
Single Family (1-4 Units):Manufactured 4 $510,000 $127,500
Single Family (1-4 Units):Site-Built 2,973 $979,485,000 $329,460

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 173 $48,365,000 $279,566 $2,871 2.94%
40-60% 740 $238,830,000 $322,743 $2,935 2.88%
60-80% 1,367 $465,325,000 $340,399 $3,129 3.09%
80-100% 665 $220,595,000 $331,722 $3,387 3.28%
Over 100% 5 $1,805,000 $361,000 $9,221 2.78%
Under 20% 27 $5,075,000 $187,963 $1,619 4.77%

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 $3,414,354

For 2020, First Internet Bank Of Indiana had 1 branches.

Yearly Performance Overview

Bank Income

Item Value (in 000's)
Total interest income $136,997
Net interest income $69,465
Total noninterest income $35,807
Gross Fiduciary activities income $0
Service charges on deposit accounts $372
Trading account gains and fees $0
Additional Noninterest Income $35,435
Pre-tax net operating income $41,873
Securities gains (or losses, -) $187
Income before extraordinary items $35,526
Discontinued Operations (Extraordinary gains, net) $0
Net income of bank and minority interests $35,526
Minority interest net income $0
Net income $35,526
Sale, conversion, retirement of capital stock, net $1,590
Net operating income $35,368

First Internet Bank Of Indiana's gross interest income from loans was $136,997,000.
First Internet Bank Of Indiana's net interest income from loans was $69,465,000.
First Internet Bank Of Indiana's fee based income from loans was $372,000.
First Internet Bank Of Indiana's net income from loans was $35,526,000.

Bank Expenses

Item Value (in 000's)
Total interest expense $67,532
Provision for credit losses $9,325
Total noninterest expense $54,074
Salaries and employee benefits $32,974
Premises and equipment expense $1,957
Additional noninterest expense $19,143
Applicable income taxes $6,534
Net charge-offs $1,681
Cash dividends $0

First Internet Bank Of Indiana's interest expense for loans was $67,532,000.
First Internet Bank Of Indiana's payroll and benefits expense were $32,974,000.
First Internet Bank Of Indiana's property, plant and equipment expenses $1,957,000.

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 $3,311,417
Deposits held in domestic offices $3,311,417
Deposits by Individuals, partnerships, and corporations $2,947,354
Deposits by U.S. Government $0
Deposits by States and political subdivisions in the U.S. $154,204
Deposits by Commercial banks and other depository institutions in U.S. $209,859
Deposits by Banks in foreign countries $0
Deposits by Foreign governments and official institutions $0
Transaction accounts $105,438
Demand deposits $80,122
Nontransaction accounts $3,205,979
Money market deposit accounts (MMDAs) $1,496,428
Other savings deposits (excluding MMDAs) $266,467
Total time deposits $1,443,084
Total time and savings deposits $3,231,295
Noninterest-bearing deposits $137,285
Interest-bearing deposits $3,174,132
Retail deposits $2,628,308
IRAs and Keogh plan accounts $89,780
Brokered deposits $302,402
Deposits held in foreign offices $0

Assets

Asset Value (in 000's)
Total Assets $4,243,064
Cash & Balances due from depository institutions $450,391
Interest-bearing balances $443,024
Total securities $568,869
Federal funds sold & reverse repurchase $0
Net loans and leases $3,072,331
Loan and leases loss allowance $29,484
Trading account assets $0
Bank premises and fixed assets $30,979
Other real estate owned $0
Goodwill and other intangibles $8,256
All other assets $112,238

Liabilities

Liabilities Value (in 000's)
Total liabilities and capital $4,243,064
Total Liabilities $3,876,601
Total deposits $3,311,417
Interest-bearing deposits $3,174,132
Deposits held in domestic offices $3,311,417
% insured (estimated) $72
Federal funds purchased and repurchase agreements $0
Trading liabilities $0
Other borrowed funds $514,916
Subordinated debt $0
All other liabilities $50,268

Issued Loan Types

Type Value (in 000's)
Net loans and leases $3,072,331
Loan and leases loss allowance $29,484
Total loans and leases (domestic) $3,101,815
All real estate loans $1,519,459
Real estate loans in domestic offices $1,519,459
Construction and development loans $146,196
Residential 1-4 family construction $38,316
Other construction, all land development and other land $107,880
Loans secured by nonfarm nonresidential properties $1,168,372
Nonfarm nonresidential secured by owner-occupied properties $190,311
Commercial real estate & other non-farm, non-residential $978,061
Multifamily residential real estate $0
1-4 family residential loans $204,891
Farmland loans $0
Loans held in foreign offices $0
Farm loans $0
Commercial and industrial loans $627,105
To non-U.S. addressees $0
Loans to individuals $282,990
Credit card loans $670
Related Plans $142
Consumer Auto Loans $827
Other loans to individuals $281,351
All other loans & leases $672,261
Loans to foreign governments and official institutions $0
Other loans $7
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 $367
Non 1-4 family restructured loans & leases $4
Total loans and leases (foreign) $0

First Internet Bank of Indiana had $3,072,331,000 of loans outstanding in 2020. $1,519,459,000 of loans were in real estate loans. $146,196,000 of loans were in development loans. $0 of loans were in multifamily mortgage loans. $204,891,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $670,000 of loans were in credit card loans. $827,000 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 452 $223,454 $494,367
Nonfarm, nonresidential loans - <$100k 4 $156 $39,000
Nonfarm, nonresidential loans - $100-250k 42 $6,646 $158,238
Nonfarm, nonresidential loans - $250k-1MM 406 $216,652 $533,626
Commercial & Industrial, US addressed loans - <$1MM 1,462 $335,203 $229,277
Commercial & Industrial, US addressed loans - <$100k 508 $15,317 $30,152
Commercial & Industrial, US addressed loans - $100-250k 286 $30,288 $105,902
Commercial & Industrial, US addressed loans - $250k-1MM 668 $289,598 $433,530