Depending on your goals and financial situation, Old National has different mortgage options available to you. We'll help you understand the differences and choose the right solution to get you in the home of your dreams.
Old National will give you $500 toward closing costs when you apply for one of our qualifying purchase or construction loans between 3/1/18 and 5/31/18. Qualifying loans include:
With an interest rate that remains constant for the life of the loan, a fixed rate mortgage makes budgeting
predictable regardless of market fluctuations.
Attractive loan-to-value ratios help you get more home for your money. You’ll enjoy the security of a fixed rate mortgage with a loan amount that exceeds the conforming loan limit.
Get more home for your money with attractive loan-to-value ratios
As a professional in the community, your home financing needs are unique.
That’s why Old National offers a solution exclusively to eligible borrowers including physicians, optometrists, dentists and professors. Our specialized mortgage product helps you purchase your primary residence with up to 100% financing and no private mortgage insurance.1
The power of prequalification
Buying or building? Take the time to get prequalified. The process is quick and easy with an answer in minutes.
There are several key ratios that lenders consider when determining your ability to obtain a mortgage loan. As a general rule, your total monthly expenses should not exceed 43% of your gross monthly income. Our Home Affordability calculator can help determine how much home you can afford.
Subject to credit approval. Property insurance required.
Escrow for property taxes and insurance is required. Rates, terms and conditions effective as of March 24, 2017 and subject to change. Available on first mortgage purchase transactions on owner-occupied residences only. Borrower must commit to moving his/her banking relationship to Old National and be open to being introduced to a Private Banker. Other restrictions may apply. See bank for details. Based on a $250,000 loan at 100% LTV, on a 360 month term, with a principal/interest payment of $1,211.62 and an interest rate of 4.125% the $1,576.29 prepaid fee results in an APR of 4.165%.
