Home Mortgages

Horizon offers a variety of home mortgage options designed to meet your unique needs.   

Looking for a new loan?  Lets get started!

Fixed Rate Mortgages

For many homebuyers, a fixed-rate mortgage - meaning the rate is fixed or locked-in for the life of the loan - can offer the most affordable long-term financing option. These loans offer a variety of repayment options and competitive rates which can move you into your own home for about the same payment you might make for rent each month. From a first-time buyer to borrowers in need of a fixed rate loan to purchase or refinance their primary residence, vacation home, or rental property this is a popular mortgage option.

Adjustable Rate Mortgages

Adjustable rate mortgages, or ARMs, are typically low-interest, short-term fixed rate mortgages that will have rate adjustments after 1, 3, 5 or 7 years. ARMs allow you to take advantage of low introductory interest rates.  The benefits allow for lower initial mortgage payments and may help build equity faster. ARMs may be a good option if you are a first-time homebuyer wanting the lower payments early on in the mortgage, plan to relocate or simply don't plan to stay in the home for an extended time.

• Use this calculator to compare a Fixed Rate to an Adjustable Rate Mortgage.

Reverse Mortgages

Reverse mortgages are available to individuals 62 or older who own, and live, in their own home.  This loan enables senior homeowners to convert part of the equity in their homes into income without having to sell the home, give up title, or take on new monthly mortgage payments.  The reverse mortgage is different from traditional mortgages or home equity lines of credit in that it pays you, and is available regardless of your current income. You don't make payments, because the loan is not due as long as the house is your principal residence. Funds obtained from the reverse mortgage are tax-free.  You can choose to receive reverse mortgage funds as a lump sum, monthly income, line of credit or a combination.  The funds may be used in any way you wish.  Learn more:

• Get answers to Frequently Asked Questions 
• Contact our Reverse Mortgage Specialist
• Search Reverse Mortgages on the US Department of Housing and Urban Development website

Construction Loans

Construction loans are available to most borrowers if you can invest at least some of your own money into the project and have chosen a reputable, qualified builder to build your new home.

Lot and Land Loans

Horizon can help you purchase a lot in a subdivision or that acreage in the country as a first step to planning and building your dream home. Our loan programs offer several down payment and repayment options to match your individual needs.

FHA/VA Loans

You may qualify for special rates through these government loan programs.