The National Bank Of Indianapolis Mortgage Rates, Fees & Info
Indianapolis, INLEI: 549300FTS7TVGFDGUH88
Tax ID: 35-1904483
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
The National Bank Of Indianapolis is a smaller bank specializing in Home Purchase and Refi loans. The National Bank Of Indianapolis has a high proportion of conventional loans. Their top markets by origination volume include: Indianapolis, Warsaw, North Port, Riverside, and Phoenix among others. We have data for 15 markets. (Some data included below & more in-depth data is available with an active subscription.)The National Bank Of Indianapolis has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders.
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Originations
334Origination Dollar Volume (All Markets)
$122,720,000Top 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) | 314 | $109,480,000 | $348,662 | $0 | 0.00% |
| Warsaw, IN (FHA|USDA|VA) | 4 | $3,720,000 | $930,000 | $0 | 0.00% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 2 | $2,260,000 | $1,130,000 | $0 | 0.00% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 1 | $1,605,000 | $1,605,000 | $0 | 0.00% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 1 | $1,405,000 | $1,405,000 | $0 | 0.00% |
| COLUMBUS, IN (FHA|USDA|VA) | 3 | $1,035,000 | $345,000 | $0 | 0.00% |
| Edwards, CO (FHA|USDA|VA) | 1 | $705,000 | $705,000 | $0 | 0.00% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 1 | $625,000 | $625,000 | $0 | 0.00% |
| Frankfort, IN (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $0 | 0.00% |
| Holland, MI (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $0 | 0.00% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 0.00% |
| FORT WAYNE, IN (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $0 | 0.00% |
| NILES, MI (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $0 | 0.00% |
| Outside of Metro Areas | 1 | $205,000 | $205,000 | $0 | 0.00% |
| Washington, IN (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 0.00% |
Similar Lenders
We use machine learning to identify the top lenders compared against The National Bank of Indianapolis based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 334 | $122,720,000 | $367,425 | $0 | 0.00% |
For 2024, The National Bank Of Indianapolis's most frequently originated type of loan was Conventional, with 334 originations.
Loan Reason
For 2024, The National Bank Of Indianapolis's most frequently cited loan purpose was Home Purchase, with 125 originations. The 2nd most popular reason was Refi, with 93 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 334 | $122,720,000 | $367,425 | $0 | 0.00% |
For 2024, The National Bank Of Indianapolis's most frequently cited loan duration was Other, with 334 originations.
Loan Sizing
2024 saw The National Bank Of Indianapolis place emphasis on $200k-400k loans with 99 originations, totaling $28,065,000 in origination value.
Applicant Income
The National Bank Of Indianapolis lent most frequently to those with incomes in the $250k+ range, with 191 originations. The second most popular income band? $150k-250k, with 50 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 334 | $122,720,000 | $367,425 | $0 | 0.00% |
The National Bank Of Indianapolis lent most frequently to those with DTI ratios of Exempt%, with 334 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications95.33%
The National Bank Of Indianapolis has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination84.43%
The National Bank Of Indianapolis has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 334 | $122,720,000 | $367,425 |