First Internet Bank Among Top Online Mortgage Originators

Released on August 15, 2012

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First Internet Bank today announced it has been named a finalist in the 2012 Mortgage Technology Awards, sponsored by Mortgage Technology magazine. As one of three lender finalists in the Online Originator category, First Internet Bank is being recognized for its comprehensive strategy to use Web-based technologies to generate borrower leads and convert them into closed loans.

“We are honored by this recognition,” said Chairman and CEO David Becker. “Our mission is to empower consumers to manage their money more easily and make smarter financial choices. We do that by combining robust, easy-to-use tools with timeless banking principles. Our mortgage origination operation perfectly demonstrates those ideals.”

An Internet-based, FDIC-insured bank offering deposit accounts and loans nationally from a single office located in Indianapolis, First Internet Bank boasts competitive rates and fees thanks to its lower cost structure. Prospective borrowers can get up-to-the-minute rate quotes and complete an online mortgage application – and even receive a decision – in just minutes, 24/7. Highly experienced and trained sales professionals provide guidance as needed and serve as a point of contact for the customer throughout the process. First Internet Bank offers both refinancing and homebuying programs, including FHA, VA, conventional, and jumbo financing.

Winners of 2012 Mortgage Technology Awards will be revealed at the Mortgage Technology Awards Ceremony on Sunday, October 21 in Chicago.

About Mortgage Technology
Mortgage Technology is a monthly magazine and daily news website covering technology trends and breaking news for loan originators, servicers and investors in the mortgage industry. It is a sister publication to the weekly newspaper and daily news website National Mortgage News. Parent company SourceMedia provides market information, including news, analysis, and insight to the financial services and related industries such as accounting and technology, through its publications, industry-standard data applications, seminars and conferences.

About First Internet Bank
First Internet Bank of Indiana is the first state-chartered, FDIC-insured institution to operate solely via the Internet and has customers in all 50 states. Deposit services include checking accounts, regular and money market savings accounts with industry-leading interest rates, CDs and IRAs. First Internet Bank also offers consumer loans, conforming mortgages, jumbo mortgages, home equity loans and lines of credit, and commercial loans. First Internet Bank opened for business in 1999.

About First Internet Bancorp
First Internet Bancorp (OTCBB: FIBP), the parent company of First Internet Bank of Indiana, is privately capitalized with over 220 private and corporate investors. The Bancorp became effective March 21, 2006.

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