# Old National Bank

> **Canonical URL:** https://saferate.com/lenders/old-national-bank


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


Old National Bank is a bank, headquartered in Evansville, IN, serving borrowers nationwide, with 4,065 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 16% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 30% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** 549300AT7EB9FJAF0E61
- **Headquarters:** Evansville, IN
- **Geographic Reach:** National
- **States Served:** 43
- **State List:** AL, AR, AZ, CA, CO, DE, FL, GA, IA, ID, IL, IN, KS, KY, LA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NJ, NM, NV, NY, OH, OK, OR, PA, SC, SD, TN, TX, UT, VA, WA, WI, WV, WY
- **Markets (MSAs):** 43
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Exceptional 🤩
- Score: 84/100
- Rating: ●●●●● (5/5)

### Pull Through: Strong 😀
- Score: 70/100
- Rating: ●●●●○ (4/5)

### Pricing Details
- **Average Rate Spread:** -0.049%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $853
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 4,065
- **Dollar Volume:** $1.4 billion
- **Applications Received:** 5,691
- **Market Share:** 11.00%

## Typical Borrower Profile

- **Average Loan Amount:** $346,038
- **Average Borrower Income:** $161,470
- **Average Property Value:** $463,706

## Safe Rate Awards 🏆

- 💎 **Conventional Diamond Champion** (84%)
- 💎 **Purchase Diamond Champion** (84%)
- ⭐ **FHA Gold Superstar** (71%)
- ⭐ **VA Gold Superstar** (78%)
- ⭐ **Jumbo Gold Superstar** (77%)
- ⭐ **Refinance Gold Superstar** (63%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 83/100 | 3,451 | -0.039% | $885 | Exceptional 🤩 |
| FHA | 72/100 | 217 | +0.078% | $952 | Strong 😀 |
| VA | 74/100 | 128 | -0.748% | $79 | Strong 😀 |
| Jumbo | 86/100 | 257 | +0.115% | $539 | Exceptional 🤩 |
| USDA | 48/100 | 12 | +0.158% | $1,488 | Sound ☺️ |

### Product Performance by Purpose

**Conventional:**
- Purchase: 2,856 loans, Score: 83/100 (Exceptional)
- Refinance: 595 loans, Score: 79/100 (Strong)

**FHA:**
- Purchase: 185 loans, Score: 72/100 (Strong)
- Refinance: 32 loans, Score: 71/100 (Strong)

**VA:**
- Purchase: 117 loans, Score: 74/100 (Strong)

**Jumbo:**
- Purchase: 231 loans, Score: 86/100 (Exceptional)
- Refinance: 26 loans, Score: 53/100 (Sound)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 81/100 | 3,401 | $1.2B | -0.103% | Exceptional 🤩 |
| Refinance | 78/100 | 664 | $191M | +0.204% | Strong 😀 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| IN | 1,017 | 1.12% | 84/100 |
| MI | 640 | 0.57% | 78/100 |
| IL | 626 | 0.50% | 79/100 |
| TN | 466 | 0.51% | 78/100 |
| MN | 331 | 0.51% | 73/100 |
| WI | 330 | 0.50% | 75/100 |
| KY | 240 | 0.52% | 74/100 |
| FL | 45 | 0.02% | 44/100 |
| TX | 43 | 0.01% | 44/100 |
| IA | 33 | 0.09% | 49/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Non |  | 553 | 71/100 |
| Chicago | IL | 452 | 78/100 |
| Nashville | TN | 345 | 81/100 |
| Indianapolis | IN | 342 | 80/100 |
| Grand Rapids | MI | 304 | 76/100 |
| Minneapolis | MN-WI | 298 | 73/100 |
| Evansville, IN | IN | 142 | 75/100 |
| Ann Arbor, MI | MI | 108 | 84/100 |
| Madison, WI | WI | 97 | 66/100 |
| Milwaukee | WI | 96 | 66/100 |
| Lake County | IN | 84 | 72/100 |
| Fort Wayne, IN | IN | 76 | 64/100 |
| Louisville/Jefferson County, KY | KY-IN | 70 | 63/100 |
| Lafayette | IN | 66 | 69/100 |
| Lake County, IL | IL | 58 | 69/100 |

## Where This Lender Ranks

Old National Bank appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥇 **#1** in Indiana
  - [View Full Rankings](https://saferate.com/indiana/best-mortgage-lenders)
- 🥇 **#1** in Indiana Banks
  - [View Full Rankings](https://saferate.com/indiana/best-mortgage-lenders/banks)
- 🥇 **#1** in Indiana for Conventional Loans
  - [View Full Rankings](https://saferate.com/indiana/best-mortgage-lenders/conventional-loans)
- 🥇 **#1** in Indiana for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/indiana/best-mortgage-lenders/banks/conventional-loans)
- 🥇 **#1** in Tennessee for Conventional Loans
  - [View Full Rankings](https://saferate.com/tennessee/best-mortgage-lenders/conventional-loans)
- 🥇 **#1** in Tennessee for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/tennessee/best-mortgage-lenders/banks/conventional-loans)
- 🥇 **#1** in Nashville
  - [View Full Rankings](https://saferate.com/nashville/best-mortgage-lenders)
- 🥇 **#1** in Nashville Banks
  - [View Full Rankings](https://saferate.com/nashville/best-mortgage-lenders/banks)
- 🥇 **#1** in Nashville for Conventional Loans
  - [View Full Rankings](https://saferate.com/nashville/best-mortgage-lenders/conventional-loans)
- 🥇 **#1** in Nashville for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/nashville/best-mortgage-lenders/banks/conventional-loans)
- 🥇 **#1** in Grand Rapids for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/grand-rapids/best-mortgage-lenders/banks/conventional-loans)
- 🥇 **#1** in Evansville, IN Banks
  - [View Full Rankings](https://saferate.com/evansville-in/best-mortgage-lenders/banks)
- 🥇 **#1** in Evansville, IN for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/evansville-in/best-mortgage-lenders/banks/conventional-loans)
- 🥇 **#1** in Evansville, IN for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/evansville-in/best-mortgage-lenders/banks/fha-loans)
- 🥇 **#1** in Evansville, IN for Jumbo Loans
  - [View Full Rankings](https://saferate.com/evansville-in/best-mortgage-lenders/jumbo-loans)
- 🥇 **#1** in Evansville, IN for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/evansville-in/best-mortgage-lenders/banks/jumbo-loans)
- 🥇 **#1** in Ann Arbor, MI Banks
  - [View Full Rankings](https://saferate.com/ann-arbor-mi/best-mortgage-lenders/banks)
- 🥇 **#1** in Ann Arbor, MI for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/ann-arbor-mi/best-mortgage-lenders/banks/conventional-loans)
- 🥇 **#1** in Ann Arbor, MI for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/ann-arbor-mi/best-mortgage-lenders/banks/jumbo-loans)
- 🥇 **#1** in Lake County for Conventional Loans
  - [View Full Rankings](https://saferate.com/lake-county/best-mortgage-lenders/conventional-loans)

## Frequently Asked Questions

### What loan types does Old National Bank offer?

Old National Bank offers the following mortgage loan types: FHA, Conventional, VA, Jumbo, USDA. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does Old National Bank offer mortgages?

Old National Bank is a national lender offering mortgages in all 50 states plus Washington D.C.

### How competitive are Old National Bank's mortgage rates?

Old National Bank has a pricing score of 84/100 (Exceptional), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.049% below market average.

### What type of lender is Old National Bank?

Old National Bank is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in Evansville, IN.

### What is Old National Bank's loan approval success rate?

Old National Bank has a pull-through score of 70/100 (Strong). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/old-national-bank

### How to Cite

> "Old National Bank Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/old-national-bank

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