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Mortgage Analyst Jobs in Indiana (NOW HIRING)

The Mortgage Wire Desk Analyst ll, will be responsible for assisting the Treasury department with its ongoing daily operational needs such as transaction processing, balance reporting, bank account ...

Informs the customer of the outcome of the preliminary financial analysis and, if acceptable ... Will assist mortgage loan processor with answers to questions or guidance pertaining to mortgage ...

Informs the customer of the outcome of the preliminary financial analysis and, if acceptable ... Will assist mortgage loan processor with answers to questions or guidance pertaining to mortgage ...

Informs the customer of the outcome of the preliminary financial analysis and, if acceptable ... Will assist mortgage loan processor with answers to questions or guidance pertaining to mortgage ...

Informs the customer of the outcome of the preliminary financial analysis and, if acceptable ... Will assist mortgage loan processor with answers to questions or guidance pertaining to mortgage ...

Location: 501 E Carmel Drive - Carmel, Indiana 46032 Job Summary The Mortgage Loan Officer (MLO) assists clients with the origination of residential mortgage loans, including providing analysis and ...

Location: 501 E Carmel Drive - Carmel, Indiana 46032 Job Summary The Mortgage Loan Officer (MLO) assists clients with the origination of residential mortgage loans, including providing analysis and ...

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Showing results 1-20

Mortgage Analyst information

See Indiana salary details

$15

$34

$60

How much do mortgage analyst jobs pay per hour?

As of Aug 16, 2026, the average hourly pay for mortgage analyst in Indiana is $34.43, according to ZipRecruiter salary data. Most workers in this role earn between $19.90 and $51.25 per hour, depending on experience, location, and employer.

What does a mortgage analyst do?

As a mortgage analyst, your responsibilities are to assess the financial risks and rewards pertaining to the execution of a mortgage or loan application. You also determine how to mitigate the risks by suggesting ways for the mortgage lender to capitalize on the loan, such as by suggesting servicing transfers or passing on the servicing rights to another financial vendor. When dealing with commercial mortgage applicants, you might assess the financial institution’s loan inventory to determine how to capitalize on those loans to advanced credit to applicants.

What are the key skills and qualifications needed to thrive as a mortgage analyst, and why are they important?

To thrive as a Mortgage Analyst, you need strong analytical skills, attention to detail, and a background in finance or accounting, often supported by a relevant degree. Familiarity with mortgage underwriting software, financial modeling tools, and regulatory compliance systems is commonly required. Excellent communication, problem-solving abilities, and time management make someone stand out in this position. These skills ensure accurate risk assessment, informed decision-making, and effective collaboration with clients and stakeholders in the mortgage process.

What are some common challenges faced by mortgage analysts when assessing loan applications?

Mortgage Analysts often encounter challenges such as evaluating complex financial documents, assessing risk in non-standard borrower situations, and staying updated with ever-changing lending regulations. Balancing thorough risk assessment with competitive turnaround times can also be demanding, especially during high-volume periods. Developing strong communication skills is essential, as analysts frequently collaborate with underwriters, loan officers, and clients to clarify application details and ensure all necessary documentation is complete.

What is the difference between Mortgage Analyst vs Mortgage Underwriter?

AspectMortgage AnalystMortgage Underwriter
Primary RoleAnalyzes mortgage data, assesses risk, and prepares reports for decision-making.Reviews loan applications, verifies documentation, and approves or rejects mortgage loans.
Required CredentialsTypically requires a bachelor's degree; certifications like MLO or mortgage licensing may be beneficial.Requires similar credentials; often needs mortgage licensing and underwriting certifications.
Work EnvironmentOffice setting, often working with financial data and reports.Office environment, closely reviewing loan files and documentation.
Industry UsageCommonly employed by banks, mortgage companies, and financial institutions.Primarily employed by lenders and mortgage companies for loan approval processes.

While both roles operate within the mortgage industry and require similar credentials, a Mortgage Analyst focuses on analyzing data and assessing risk, whereas a Mortgage Underwriter reviews applications and makes approval decisions. Understanding these differences helps in choosing the right career path or job search focus.

Infographic showing various Mortgage Analyst job openings in Indiana as of August 2026, with employment types broken down into 1% Internship, 84% Full Time, 9% Part Time, and 6% Contract. Highlights an 84% Physical, 7% Hybrid, and 9% Remote job distribution, with an average salary of $71,621 per year, or $34.4 per hour.

Mortgage Business Analyst

Old National Bank

Indianapolis, IN • On-site

$51K - $101K/yr

Other

Medical, Dental, Vision, Retirement

Posted 14 days ago


Old National Bank rating

8.2

Company rating: 8.2 out of 10

Based on 39 frontline employees who took The Breakroom Quiz

51st of 171 rated banks


Job description

Mortgage Business Analyst
Job Locations US-MI-Grand Rapids | US-IN-Evansville | US-WI-Madison | US-MN-Lake Elmo | US-IL-Chicago | US-IN-Indianapolis | US-TN-Nashville
Category/Function Mortgage Services Position Type Regular Full-Time Requisition ID 2026-20265 Workplace Type On Site
Overview

Old National Bank has been serving clients and communities since 1834. With over $70 billion in total assets, we are a regional powerhouse deeply rooted in the communities we serve. As a trusted partner, we thrive on helping our clients achieve their goals and dreams, and we are committed to social responsibility and investing in our communities through volunteering and charitable giving.

We continually seek highly motivated and talented individuals as our people are critical to our success. In return, we offer competitive compensation with our salary and incentive program, in addition to medical, dental, and vision insurance. 401K, continuing education opportunities and an employee assistance program are also included in our benefit suite. Old National also offers a variety of Impact Network Groups led by team members who are passionate about driving engagement, creating awareness of diverse backgrounds and experiences, and building inclusion across the organization. We offer a unique opportunity to join a growing, community and client-focused company that is firmly rooted in its core values.

Responsibilities

We are currently seeking a qualified Mortgage Business Analyst responsible for delivering analytical support to the Mortgage division, enabling effective pipeline management and data-driven decision-making. Collaborates with Mortgage Senior Leaders to develop and distribute key performance reports. Serves as the primary administrator for CRM systems, partnering with Marketing and other departments to optimize usage and integration.

Salary Range

The salary range for this position is $51,700/Yr. - $101,500/Yr

    Provide actionable insights to Mortgage Senior Leadership by mining and analyzing mortgage pipeline data and historical production/performance.
  • Administer and analyze external data sources (e.g. Curinos, MBA) to benchmark ONB performance for effective leadership decisions.
  • Centralize reporting responsibilities (ad hoc and scheduled) to streamline operations.
  • Collaborate with leaders to maintain current and accurate staffing models based on volume forecasts, including Infosys.

CRM Administration & Optimization

  • Serve as the internal administrator for the Mortgage CRM platform.
  • Function as the liaison between Mortgage and other departments for the CRM platform and related campaigns and initiatives.
  • Monitor CRM usage and provide performance optics to Mortgage Leadership.
  • Lead future CRM enhancements including SalesForce integration.

Operational and Administrative Support

  • Support Leadership with administrative tasks and pipeline oversight.
  • Manage distribution of mortgage inquiries from various channels (ONB internet, call center, etc.)
  • Serve as the single point of distribution for key mortgage reporting (daily and monthly) to ensure timely and consistent reporting.
  • Perform additional duties as assigned.

Key Competencies

  • Data Analysis & Communication: Ability to extract, interpret and present data to support efficient and effective strategic decisions.
  • Compelling Communication: Clearly and transparently shares insights and updates.
  • Problem Solving and Decision Making: Evaluates the implications of new information or events and recommends sound solutions.

Qualifications and Education Requirements

  • Minimum 5 years of Mortgage industry experience.
  • High School diploma required; Bachelor's degree preferred.
  • Excellent organizational, prioritization and implementation skills.
  • Strong verbal and written communication skills.
  • Proficient in Microsoft Office and CRM platforms

Old National is proud to be an equal opportunity employer focused on fostering an inclusive workplace and committed to hiring a workforce comprised of diverse backgrounds, cultures and thinking styles.

As such, all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, status as a qualified individual with disability, sexual orientation, gender identity or any other characteristic protected by law.

We do not accept resumes from external staffing agencies or independent recruiters for any of our openings unless we have an agreement signed by the Director of Talent Acquisition, SVP, to fill a specific position.

Our culture is firmly rooted in our core values.

We are optimistic. We are collaborative. We are inclusive. We are agile. We are ethical.

We are Old National Bank. Join our team.


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