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Sensible Advice for Your Home

Results: 23 Articles found.

IMAGINE: your home equity setting you free

Do you have a major expense coming up or want to take the trip of a lifetime? If so, a Horizon Bank Home Equity Line of Credit could free you up to take care of the things you need and want!

Feb 12, 2016 09:55 AM

Winter Home Maintenance & Upgrades

Now is a great time to pay special attention to things that may need improving around your home.

Dec 03, 2015 09:25 AM

Renting vs. Buying a Home

What’s best for you? If you're currently renting but considering buying a home in the future, you need to be able to afford more than just your house payment. There are several pros and cons to consider.​


Can you justify a home makeover?

Consider whether any loan you take out for remodeling will still allow you to keep your total monthly housing costs under 28 percent of your gross income.


Debt Consolidation Solutions

Horizon Bank has several solutions available offering individuals the opportunity to consolidate their debt, simplify their monthly bill paying, and, in most cases, save them money.

May 26, 2015 04:16 PM

Horizon Bank Allocates $1 Million Toward Specialized Loans Promoting Home Ownership and Revitalization

Michigan City, Indiana — Horizon Bank has allocated $1 million to fund home ownership and home improvement loans in low- to – moderate income neighborhoods throughout Horizon’s market area in Indiana and Michigan. The loans are designed to assist borrowers in three categories of need: obtaining a home for the first time, making repairs to a home they already own, and re-establishing good credit while building a savings fund that can be used toward a mortgage down payment.


A Step-by-Step Guide to Homebuying

Competition can be fierce among those looking to purchase new digs, so it’s important you know how to navigate the home buying process to get the house you want. Here are 10 steps to finding your perfect home and snagging it at a reasonable price.


Home Equity: Term Loans vs. Line of Credit

A home equity loan or line of credit can serve as an alternative to a personal loan, allowing you to pay for major expenses such as medical bills or college tuition. Unlike traditional loans, a home equity loan uses your home as collateral for borrowing. Here are a few of the characteristics of home equity loans and lines of credit:


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.).


Tips to Find a Mortgage Advisor

Mortgage advisors at Horizon Bank are experienced loan professionals specifically trained to assist homebuyers with their residential mortgage needs.

Results: 23 Articles found.

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