Horizon Bancorp, Inc. was formed in 2005 as the parent or holding company for Horizon Community Bank. As of June 30, 2021, the bank had in excess of $530 million in total assets. Operations consist of six full-service branches, two loan production offices, and a mortgage and operations center. Horizon Community Bank employs a full-time team of approximately 90.
Horizon Community Bank is a full-service financial institution, but the primary focus is on business and commercial banking. The Bank prides itself on employing knowledgeable bankers that act in a client advisory capacity and connect clients and prospects with needed resources. Horizon Community Bank was awarded the SBA’s preferred lender status, operates with a knowledgeable government guaranteed lending division, and this compliments our commercial and business banking offering. Horizon Community Bank has funded in excess of $2.5 billion in commercial loans, allowing business to expand operations, own their own facilities, and employ more people. The Bank has an extensive product mix of treasury management solutions, aimed at making clients’ lives safer and easier.
Changes to the Property Value could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
You can change the property value by moving the Property Value slider up or down or by entering a new Property Value manually in the Property Value box.
When you change the Property Value, only the LTV will change, and the Loan Amount will remain the same Loan Amount.
Other advanced sliders’ options are available with Lendersa® Advanced Calculator
CloseChanges to the loan amount, even so slightly, could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
The Loan Amount Slider
Change the Loan Amount by moving the Loan Amount slider. (The LTV will change, and the Property Value will remain unchanged).
The LTV Slider
Change the Loan Amount by moving the LTV slider. (The Property Value will remain unchanged).
Other advanced options are available with Lendersa® Advanced Calculator
CloseLTV is the abbreviation of Loan To Value, and it is the ratio between the Loan Amount and the Property Value. The formula to calculate LTV is Loan Amount divided by the property value. 
Example: Loan Amount $300,000, Property value $400,000 
Changes to the LTV, even so slightly, could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
The Loan Amount Slider
Change the Loan Amount by moving the Loan Amount slider. (The LTV will change, and the Property Value will remain unchanged).
The LTV Slider
Change the Loan Amount by moving the LTV slider. (The Property Value will remain unchanged).
Other advanced options are available with Lendersa® Advanced Calculator
Close
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NMLS 1795154