We analyzed every closed loan from Old National Bank — 4.1k loans across 6k applications— and benchmarked them against peer lenders across the 5 Ps of Mortgage Shopping.
Ratings· each scored 1–5 against peer lenders
Pricing
Exceptional
5/5
vs. all lenders
Pull-through
Strong
4/5
closing strength
Product
Exceptional
5/5
FHA · Conventional · VA · Jumbo · USDA
Place
Sound
3/5
National · 42 mkts
Promptness
Not enough data
—/5
No quote responses measured yet
Awards
Conventional
Superstar
FHA
Superstar
VA
Superstar
Jumbo
Superstar
Purchase
Superstar
Refinance
Superstar
Summary
What They Do Well
- Offers rates 4.90 basis points below market average
- Lower than average lender fees
- Strong pull through performance
- Particularly strong in Conventional and FHA and VA and Jumbo loans
- Nationwide availability with consistent service
Explore another lender or local market
Report Card
Old National Bank performance at a glance
Overall Performance· Pricing & closing strength
Pricing
Rate competitiveness
Exceptional
Rates 4.9 bps below market avg
5/5
Pull Through
Closing strength
Strong
Top 40% of lenders
4/5
By Loan Product· Specialization by type
Conventional
3,451 loans · 0.04% below market
Exceptional
Top 20% of lenders
5/5
FHA
217 loans · 0.08% above market
Strong
Top 40% of lenders
4/5
VA
128 loans · 0.75% below market
Strong
Top 40% of lenders
4/5
Jumbo
257 loans · 0.12% above market
Exceptional
Top 20% of lenders
5/5
USDA
12 loans · 0.16% above market
Sound
Top 60% of lenders
3/5
By Loan Purpose· Transaction purpose mix
Purchase
3,401 loans · 0.10% below market
Exceptional
Top 20% of lenders
5/5
Refinance
664 loans · 0.20% above market
Strong
Top 40% of lenders
4/5
By Location· Geographic coverage
Geographic Reach
National · 43 markets
Sound
Top 60% of lenders
3/5
Loan Product Performance
Performance by Loan Product
| Loan Type | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Conventional | 3,451 | 84.9% | -0.039%Below | $885Fees | ||||
FHA Loans | 217 | 5.3% | +0.078%Above | $952Fees | ||||
VA Loans | 128 | 3.1% | -0.748%Below | $79Fees | ||||
Jumbo Loans | 257 | 6.3% | +0.115%Above | $539Fees | ||||
USDA Loans | — | 12 | 0.3% | +0.158%Above | $1,488Fees |
Conventional
OverallStrong
ProductExceptional
PricingExceptional
Pull ThroughStrong
Volume3,451
Mix84.9%
Spread
-0.039%Below
Fees
$885Fees
FHA Loans
OverallStrong
ProductStrong
PricingExceptional
Pull ThroughSound
Volume217
Mix5.3%
Spread
+0.078%Above
Fees
$952Fees
VA Loans
OverallStrong
ProductStrong
PricingExceptional
Pull ThroughStrong
Volume128
Mix3.1%
Spread
-0.748%Below
Fees
$79Fees
Jumbo Loans
OverallStrong
ProductExceptional
PricingStrong
Pull ThroughStrong
Volume257
Mix6.3%
Spread
+0.115%Above
Fees
$539Fees
USDA Loans
OverallAcceptable
ProductSound
Pricing—
Pull ThroughMediocre
Volume12
Mix0.3%
Spread
+0.158%Above
Fees
$1,488Fees
Loan Purpose Performance
Performance by Loan Purpose
| Purpose | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Purchase | 3,401 | 83.7% | -0.103%Below | $876Fees | ||||
Refinance | 664 | 16.3% | +0.204%Above | $744Fees |
Purchase
OverallStrong
ProductExceptional
PricingExceptional
Pull ThroughStrong
Volume3,401
Mix83.7%
Spread
-0.103%Below
Fees
$876Fees
Refinance
OverallStrong
ProductStrong
PricingSound
Pull ThroughStrong
Volume664
Mix16.3%
Spread
+0.204%Above
Fees
$744Fees
At a Glance
Lender Overview
Lending Activity
Loans Originated
4,065
Applications
5,691
Volume
$1 billion
Pricing & Closing
Avg Rate Spread
-0.049%
vs. market APOR
Avg Net Fees
$853
Origination − Credits
Pullthrough Rate
71.4%
Applications → Closed
Typical Borrower
Avg Loan Amount
$346,038
Avg Borrower Income
$161,470
Avg Property Value
$463,706
Geographic Coverage
Geographic Performance
Metro Areas
42
markets with activity
States Served
43
of 50 states + DC
Avg Place Specialization
Sound
3/5
States with Loan Originations
43Full-year 2024 · HMDALoans originated
< 2020–5050–500500+None
Northeast4
MENJNYPA
Midwest12
IAILINKSMIMNMONDNEOHSDWI
South16
ALARDEFLGAKYLAMDMSNCOKSCTNTXVAWV
West11
AZCACOIDMTNMNVORUTWAWY
Top Metro Areas by Place Specialization Score
Showing 10 of 42 metro areas
Top States by Place Specialization Score
Showing 10 of 20 states
How We Rank Lenders
Our rankings use an equal-weight average of scores across the 5 Ps — Pricing, Product, Pull-Through, and Place — with lender promptness blending in as the fifth once a lender has responded to real shopper quote requests.
Our Point System (Max 50 Points)
10/ 50 pts
Pricing
How competitively a lender prices vs. the market benchmark (20%).
10/ 50 pts
Product
Performance on your specific loan type (20%).
10/ 50 pts
Pull Through
How reliably a lender closes the loans it starts (20%).
10/ 50 pts
Place
Depth of a lender's expertise in your local market (20%).
10/ 50 pts
Promptness
How quickly a lender answers real quote requests — blended in once they respond (20%).
Champion(80%+ = 40-50 points)
Superstar(60-79% = 30-39 points)
Data Integrity & Updates
Data is updated quarterly based on the latest HMDA filings and proprietary SafeRate analysis. All metrics are calculated using standardized methodologies to ensure fair comparison across lenders.
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The 5 PsRankings are calculated from observed lender differences on closed loans across Pricing, Pull-through, Product, and Place, plus Promptness when a lender has answered real shopper quote requests.
No Pay to PlayLenders cannot buy their way to the top. Rankings are 100% earned.
HMDA 2024Built using publicly available originated loan data from the federal government.
Peer BenchmarkedPerformance is normalized and benchmarked against peer institutions.