First Midwest BankFirst Midwest Bank logoArrow DownIcon of an arrow pointing downwardsArrow LeftIcon of an arrow pointing to the leftArrow RightIcon of an arrow pointing to the rightArrow UpIcon of an arrow pointing upwardsBank IconIcon of a bank buildingCheck IconIcon of a bank checkCheckmark IconIcon of a checkmarkCredit-Card IconIcon of a credit-cardFunds IconIcon of hands holding a bag of moneyAlert IconIcon of an exclaimation markIdea IconIcon of a bright light bulbKey IconIcon of a keyLock IconIcon of a padlockMail IconIcon of an envelopeMobile Banking IconIcon of a mobile phone with a dollar sign in a speech bubbleMoney in Home IconIcon of a dollar sign inside of a housePhone IconIcon of a phone handsetPlanning IconIcon of a compassReload IconIcon of two arrows pointing head to tail in a circleSearch IconIcon of a magnifying glassFacebook IconIcon of the Facebook logoLinkedIn IconIcon of the LinkedIn LogoXX Symbol, typically used to close a menu
FDIC-Insured - Backed by the full faith and credit of the U.S. Government
A couple together in their first home
For First-Time Homebuyers

Are you ready to get started?

Contact a Lender

What To Know About Buying Your First Home

Buying your first home is a major investment, and for some it can be a scary first step to take. But with the right resources, and knowledgeable people to guide you, it's a process you can navigate and an exciting journey to home ownership. To help you get started, Old National offers these and many other first-time homebuyer resources.

  • Can You Afford To Own a Home?

    Sometimes new homeowners are surprised to find their monthly payment on a home is actually less than what they pay in rent. With our mortgage calculators, compare the cost of renting versus buying, find the amount of a monthly mortgage payment or figure how much home you can afford.

    Keep in mind that these calculators are only tools. There are many factors that impact your ability to purchase a home, so it's best to talk to a mortgage loan officer, even if you think you can't afford a home.

  • Talk to a Mortgage Professional

    One of your best resources is a mortgage lender, as they have experience in working with first-time homebuyers and know what questions to ask. They can assess your situation, advise you about special programs for first-time homebuyers and help you get pre-qualified. If you don't yet qualify for a home loan, a mortgage lender can help you set financial goals toward home ownership.

  • Get Our First-Time Home Buyer’s Guide

    Learn about the ten steps to buying a home, from understanding your credit score, to getting pre-qualified to closing on a mortgage loan.

More About Buying a Home

  • A couple getting keys to their new house

    What Is an Adjustable Rate Mortgage (ARM)?

    Learn how it works — and how it compares to a fixed rate mortgage.

  • A man adding up his financials

    Calculate a Mortgage Payment

    What could your monthly mortgage payment be?

  • A couple in their kitchen talking about buying a home

    Is a Low Down Payment Right for You?

    A mortgage down payment of 20 percent may not be necessary to get a home.

Connect With Us

Branch Icon
Find Us
Schedule Appointment Icon
Schedule an Appointment
Phone Icon
800-731-2265