Home Manager Mortgage

What makes the Home Manager Mortgage different?

• You can purchase your home with as little as 3% down.²
• You’ll enjoy a lower monthly payment with no Private Mortgage Insurance (PMI) requirements.
• It’s a fixed-rate mortgage with a set payment, making it easier for you to budget and keep track of spending.
• The seller can help pay closing costs and prepaid items.
• A special account called Home Manager Checking is set up to help you save what you need for real estate taxes and homeowners insurance.³

Help with the responsibilities of owning a home

Home ownership comes with a lot of responsibility—much of it financially related. In addition to the Home Manager Mortgage, the Home Manager Program helps you manage important financial aspects of home ownership by using the following two types of accounts:

Home Manager Account

This account helps you manage home-related expenses. A fixed portion of your income like your paycheck or Social Security is directly deposited into your Home Manager Account. Payments such as mortgage payments, utility bills and other home expenses are made automatically from your Home Manager Account, giving you peace-of-mind.⁴

Old National Checking Account

The remainder of your income can be deposited into an Old National checking account, so you can pay the rest of your expenses such as groceries, clothing, car insurance and more. You can use an Old National debit card⁵ or checks to pay for these expenses from your checking account.

Is the Home Manager Program right for you?

For a list of qualifications and to learn if you are eligible, please submit our information request form or contact your nearest Old National mortgage expert.