Item 1.01. Entry into a Material Definitive Agreement.



Effective May 15, 2020, DHI Mortgage Company, Ltd., a Texas limited partnership
("DHI Mortgage" or the "Seller"), and a subsidiary of D.R. Horton, Inc., a
Delaware corporation, U.S. Bank National Association, a national banking
association, as a buyer, and as administrative agent, ("U.S. Bank" or "Buyer" or
"Administrative Agent") and other buyers listed as a buyer (collectively, the
"Buyers") hereto entered into the Tenth Amendment to the Second Amended and
Restated Master Repurchase Agreement (the "Tenth Amendment"). The Seller, the
Buyers, and the Administrative Agent are parties to a Second Amended and
Restated Master Repurchase Agreement dated as of February 27, 2015 and
subsequent Amendments to the Second Amended and Restated Master Repurchase
Agreement dated as of February 26, 2016, June 24, 2016, September 23, 2016,
February 24, 2017, February 23, 2018, February 22, 2019, March 26, 2019,
June 21, 2019 and February 21, 2020 (as further amended, restated, or otherwise
modified from time to time, collectively, the "Amended Repurchase Facility").

The Amended Repurchase Facility provides financing and liquidity to DHI Mortgage
by facilitating purchase transactions in which DHI Mortgage transfers eligible
loans to Buyers against the transfer of funds by Buyers (thereby becoming
purchased loans). The purchase transactions are based on the terms and
conditions in the Amended Repurchase Facility and the ancillary or operative
agreements attached thereto or referred to therein, including the Amended and
Restated Custody Agreement, dated March 1, 2013, by and between DHI Mortgage and
U.S. Bank.

The Tenth Amendment increases the maximum aggregate commitment amount to $1.35
billion, with an increase to $1.575 billion for approximately 30 days at the end
of the Seller's third quarter of fiscal 2020 and first quarter of fiscal 2021
and for approximately 45 days at the end of the Seller's fiscal year 2020. In
addition, the accordion feature under the Amended Repurchase Facility was
increased to allow for a maximum aggregate commitment amount of $1.8 billion,
based on the Administrative Agent obtaining increased committed sums from
existing Buyers or through the addition of new buyers. Amounts outstanding under
the Amended Repurchase Facility are not guaranteed by D.R. Horton, Inc. or any
of its subsidiaries that guarantee homebuilding debt.

The Tenth Amendment also establishes a one month LIBOR Rate minimum of 0.75% and increases the maximum Tangible Net Worth Ratio.

The Tenth Amendment is filed herewith as Exhibit 10.1 and is incorporated by reference into this Item 1.01.

Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

The information set forth above under Item 1.01. "Entry into a Material Definitive Agreement" is hereby incorporated by reference into this Item 2.03.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits


      10.1*                    Tenth Amendment to Second Amended and

Restated Master Repurchase Agreement,


                             dated May 15, 2020, among DHI Mortgage

Company, Ltd., U.S. Bank National


                             Association, as Administrative Agent, Sole

Book Runner, Lead Arranger, and a


                             Buyer, and all other Buyers.
      104**                  Cover Page Interactive Data File (embedded

within the Inline XBRL document


                             contained in Exhibit 101).

      *                      Filed or furnished herewith.
      **                     Submitted electronically herewith.



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