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AI brief of an SEC Form 8-K · D. R. Horton (DHI)

D.R. Horton's mortgage unit amends repurchase facility, raising commitment to $1.925 billion

Neutral Impact 3 of 5 financing Written later

DHI Mortgage Company, a wholly-owned D.R. Horton subsidiary, signed a Fifth Amendment to its repurchase facility with U.S. Bank and other buyers, effective May 6, 2026. The amendment raises the maximum commitment to $1.925 billion and extends maturity to May 4, 2029, while modifying pricing, fees and financial covenants. The filing says the facility is not guaranteed by D.R. Horton, Inc. or its guarantor subsidiaries, and it provides financing for the mortgage unit's loan operations.

Key points

  • Maximum aggregate commitment increased to $1.925 billion
  • Maturity extended to May 4, 2029, subject to additional extension options
  • Pricing terms, fees and certain financial covenants modified
  • Amounts outstanding are not guaranteed by D.R. Horton, Inc. or its homebuilding, rental or Forestar guarantor subsidiaries

The filing

CompanyD. R. Horton (DHI)
Form8-K, current report
Filed with the SECMay 12, 2026, 9:45 AM ET
Accession number0000882184-26-000087

Items reported: 1.01 Material Definitive Agreement2.03 New Direct Financial Obligation

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:30 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 12, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.