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We are committed to providing personal, one-on-one service when you need it. We’re right here in Meridian Township and would like to serve your needs.

     What sets Horizon apart?
 
  • Earn $300 on new checking accounts*
  • New home loans in 30 days or get $500**
  • Apply for a loan and get cash same day**
  • Free investment review

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Details about these offers

Earn $300 with a new checking account

*Offer available for customers opening a new personal checking account by December 31, 2016. $300 will be deposited into your checking account within 30 days of verifying the following: 1. Recurring direct deposit of at least $100; 2. 10 point-of-sale debit card transactions (purchases with your debit card) If these 2 requirements are met, an additional $100 will be deposited when you register for online banking with this account. All activities must occur within the first 60 days from the account open date. Subject to 1099 reporting. Limit one account per household for the bonus. Free first order of standard checks included with new account. 

New home loan Guarantee

Horizon Bank N.A. will guarantee that new home purchase loans will close within 30 business days. This guarantee requires that the applicant, the sellers, and the real estate agents must be available to close the transaction on or before the 30th business day. The 30 business day closing window is dependent upon receiving the following documentation within 2 business days after the date on the original signed application:

  • Receipt of the required signed application disclosures returned to the bank from the applicant.
  • All requested loan documentation as required from the applicant. This required information is provided by the mortgage loan advisor during the application process or via online disclosure when the application is submitted online.

In addition, access to the property for appraisal must be given within 3 business days after the seller is contacted by the bank’s assigned appraiser.

This new home loan guarantee applies to the following mortgage loans:

  • New home purchases using one of the following 3 loan types: 1. A conventional mortgage loan in the amount no greater than $417,000 with a minimum down payment of 10%; 2. An FHA mortgage loan or; 3. A VA mortgage loan.
  • The home being purchased must be located on a property of less than 10 acres, within a 50-mile radius of the nearest Horizon Bank Office, and occupied as your primary residence or second home.

The guarantee is void if Horizon Bank is delayed or unable to obtain information from third party vendors when obtaining verification of employment, assets, income, approval from private mortgage insurance, or eligibility related to government benefits. The guarantee is also void if any change in circumstances occurs requiring that revised, federal disclosures be re-issued to you. Examples of such circumstances are a change of loan amount, loan terms, loan rates or fees; a change of loan program or product; or a change of sales price or appraised value.
 

If the loan is approved and the loan is not closed within the 30 business days of receipt of all required documentation as noted above, Horizon Bank will credit the borrowers $500 off the closing costs of the loan. This new home purchase guarantee offer is for loans closed with Horizon Bank and is subject to change without notice, and may be modified or discontinued at the Bank’s sole discretion.

Same Day Cash Guarantee

This applies to consumer loan applications submitted in person, via phone or online taken Monday through Friday between the hours of 8:00AM – 3PM CST (9AM – 4PM EST) excluding Holidays.  Applications are considered ‘submitted’ once the application is uploaded to the bank’s electronic loan processing system (or input by applicant online).  An electronic time stamp is placed upon application for tracking purposes as soon as it is submitted.
 

All normal underwriting standards will apply to each loan request and if an approval is given, it may be conditional and subject to additional information needed prior to final approval of the loan request.  Real estate secured loans are not included; however, a preliminary decision will be rendered.  Not valid for commercial applications, preapproval applications or for self-employed borrowers where tax returns may be required. All required/requested applicable documents must be received at time of application: 

  • Verification of Income
  • Bill of Sale signed by buyer(s) & seller(s)
  • Title/registration
  • Value of vehicle to be purchased/refinanced (NADA value) 
  • Copies of all recent statements/debts to be paid in full 

If the loan is approved and the loan isn't funded (closed) within the same day of the submission of the application, the Bank will credit $120 towards the closing costs of the final loan.  In the case of a loan that may not have closing costs associated, the recipient of the loan will receive a $120 Visa gift card at the time of closing.  For tax reporting purposes, a 1099 MISC form may be issued for the value of the Visa gift card and is the sole responsibility of the recipient for tax reporting purposes.

Loan guarantee offer is for loans with Horizon Bank, subject to change without notice, and may be discontinued at the Bank’s sole discretion.

Horizon Bank