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There are many reasons you may consider refinancing your home. Perhaps you want to reduce the interest rate and lower your monthly mortgage payment, or shorten the mortgage loan term and pay it off sooner. Maybe you want to tap into your home's equity to pay for a large purchase or consolidate debt. Whatever your goal, Old National offers two different refinance1 options to meet your specific needs.

Mortgage Calculators | Current Rates | Apply Online Now | Connect with a Mortgage Expert


    May be ideal if you:

    • Want to pay off your home in a short period of time
    • Have a low balance on your mortgage
    • Don't plan on living in your home for a long time


    • Low closing costs of just $2992

    For our Quick Home Refi, visit any banking center or request more information, and we will contact you.

    Find a Banking Center


    May be ideal if you:

    • Want the lowest payment possible on a longer term
    • Consider this your forever home

    For our standard mortgage refinancing, you can Apply Online or work with an Old National Mortgage Lender.

    Apply Online

A couple looking at their home remodeling project


  • Lower monthly payments - You may be able to lower your existing interest rate, or extend your loan term, to reduce your monthly payment.
  • Take advantage of your home’s equity – cash out refinancing can enable you to use your home’s equity for nearly any need such as remodeling.
  • Convenience – combine multiple mortgages (and possibly other loans) into one simply payment.
  • Tax Advantages – consolidating other debts into your home loan such as auto loans and other installment debts since interest paid may be tax-deductible. Consult your tax advisor.
  • Lock in a fixed rate – make the switch from an Adjustable Rate Mortgage (ARM) to shield yourself from future rate increases.
  • Eliminate Private Mortgage Insurance (PMI) – If your home has appreciated in value, you might be able to eliminate this cost.

Talk to Us About Refinancing Your Home Loan

If you have questions, please submit our information request form or contact your nearest Old National mortgage expert.


See if refinancing your home loan could save you money with Old National’s Calculator.

Try Our Calculator


A personal loan for home improvement can give you fast cash with minimal application fees and no collateral. Is it the right choice for you?

Get More Info


Find the right loan option for your needs by answering a few simple questions.

Use Our Loan Selector

1 Subject to credit review and approval. Property insurance required. Some restrictions may apply and program conditions subject to change without notice. Rates are subject to change daily. Contact an Old National Mortgage Lender for product details.
2 Limited time offer. Other restrictions may apply, see a bank team member for more details.