News and Sensible Advice

News

USDA Loans: What You Need to Know

Looking to buy a home in a rural area? If you want to live in a place that offers some breathing room, you may find that you’ll be eligible for a USDA loan. Contact a mortgage loan officer at Horizon Bank who can help you review your options and determine whether refinancing makes sense for you.

Is your home ready for winter?

As temperatures begin to drop and the leaves cover the ground, it’s a good time to be sure your home is prepared for the snow and cold that lie ahead. A few improvements around the house can save you money in the long run — and ensure that you and your family will be safe and warm inside.

7 Questions to Ask Before Refinancing

For many homeowners, refinancing can be a smart move. However, before you decide to refinance your mortgage. Contact a mortgage loan officer at Horizon Bank who can help you review your options and determine whether refinancing makes sense for you

How Much House Can I Afford Based on My Income?

Assessing your financial situation is important. Two numbers are most important to lenders: the front end debt-to-income ratio (total housing expenses, which includes your mortgage principal and interest, taxes and insurance); and back end debt-to-income ratio (your total housing expenses plus any other debt you have – car loans, credit cards, etc.).

News

10 Tips for Tough Financial Times on the Farm

In recent years, farmers and ranchers have enjoyed profitable times, but many experts, including the USDA, are predicting stress ahead in the Ag economy. To prepare, look to Horizon for financial advice.

IMAGINE taking your business further

As a small business owner, you’re always looking for ways to get the funds you need for continued growth. But traditional loans aren’t always feasible. Horizon offers beneficial SBA loan options for Indiana and Michigan businesses. Read more about what an SBA can do for you.

Improving Business Credit

As a business owner, your company’s credit score matters. It’s this score that will help determine whether you can get small-business loans, or whether you can get them at a good interest rate. So keeping a good credit rating should be a top priority in how you conduct business. Not sure how to do it?

Imagine putting your home equity to work for you.

A Home Equity Loan is a lump sum amount that is loaned to you all at once, based on the amount of equity you have in your home. You can potentially borrow up to the full amount of your current equity at the time you take the loan.

News

Celebrating Ribbon Cutting in Lafayette, Indiana

Ceremony was held at 2134 Greenbush Street in Lafayette Indiana on November 17th. The branch will continue to celebrate with refreshments, special offers and giveaways including an Apple Watch through November 22nd.

Wolverine Bank became Horizon Bank on November 13, 2017

Horizon Bank and Wolverine Bank have now merged. With the completion of this union, Horizon Bank’s branch network has expanded to sixty-three offices throughout southern Michigan, northern and central Indiana and Ohio.

Horizon Bancorp Announces Quarterly and Nine-Month Earnings

Michigan City, Indiana (NASDAQ GS: HBNC) – Horizon Bancorp (“Horizon”) today announced its unaudited financial results for the three-month and nine-month periods ended September 30, 2017.