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What is a mortgage escrow account?
Your mortgage escrow account makes it easier to manage your mortgage payment along with property tax and insurance premium payments for your home. You don’t have to save for taxes and insurance separately, because your escrow account enables you to make one monthly mortgage payment for all. When you make a mortgage payment, part goes toward your mortgage to pay your principal and interest. The other part goes into your escrow account for property taxes and insurance premiums (for example homeowners insurance).
When your property tax or insurance bills are due, Old National pays those for you using the funds that have built up in your escrow account.
You can view your escrow account information within Mortgage Manager.
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I’m unsure about using Zelle® to pay someone I don’t know. What should I do?
If you don't know the person, or aren't sure you will get what you paid for (for example, items bought from an online bidding or sales site), you should not use Zelle® for these types of transactions.
These transactions are potentially high risk (just like sending cash to a person you don't know is high risk). Neither Old National nor Zelle® offers a protection program for any authorized payments made with Zelle® — for example, if you do not receive the item you paid for or the item is not as described or as you expected.
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Home Equity Selector
A HELOC or a Home Equity Loan? What’s right for you? Our Home Equity Selector can help you decide. Try it today!
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The elimination of the Stretch IRA: 7 strategies to consider
It used to be that you could leave your IRA to your children after you die and they could stretch the taxable withdrawals out of that IRA account over
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Fixed Rate Mortgage
A fixed rate mortgage from Old National makes it easier to budget with set monthly payments. Apply for a mortgage online.
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Wealth Management Services
Old National Wealth Management specializes in managing money for people with more important things to manage. Talk to us for unparalleled wealth management services.
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Companies without cyber insurance could be making a costly mistake
Many companies don't have cyber insurance because of costs, but the market is growing. Here's how cyber insurance can help companies recover financially from a cybersecurity incident
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Where do I go to get my insurance check endorsed by Old National?
If you have damage to property that is financed through Old National, you may have been issued an insurance check with Old National's name on it. The process for getting the check endorsed will differ based on the type of property that has been damaged. We have developed the guides you can download below to assist you:
Home mortgages
- Download our Guide to Homeowners Insurance Claims for an overview of the claim process, including how to get your insurance check endorsed.
- Please note: This guide outlines processing insurance claims checks for HOME mortgages only (e.g. conventional first mortgages).
Consumer loans
For consumer loans, such as a vehicle or boat, quick home refi, home equity loans, including second mortgages, please refer to our Guide to Insurance Claims for Consumer Loans.Commercial loans
For commercial or business property, contact your Old National Bank commercial lender for guidance. -
What number should I call with questions about my credit card?
For general questions about your credit card, please call Cardmember service at 1-800-558-3424.
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FHA Loans
A Federal Housing Administration (FHA) Loan has lower credit and down payment requirements. It can be an affordable option for purchasing your home.