Barndominium Financing

New Century Bank is the Leader in Barndominium Financing

Whether you label your project a barndominium, shouse, barndo, barn home or shed home, New Century Bank is interested in sharing with you our expertise on what mortgage products apply to your situation and provides the best solutions for your building experience. Construction and permanent mortgages are an important part of the process of building a home. New Century Bank can make the difference and make your hope a reality.

New Century Bank’s positive approach to Barndominium construction loans is unlike any bank in the industry. New Century Bank offers terms and features such as low-down payments and client managed projects. Construction loans that incorporate every aspect of the building process, land purchase included in the construction process, utilities, foundations, home and all interior finish and garage and other amenities. Loan officers take time to explain the process and help you with your unique situation.

While many other lenders fail to properly understand the value of a Barndominium or post frame home, New Century Bank can use its unique lending options to help you with your project.  Every construction loan is followed immediately by the best mortgage available in the industry. No one has more resources than New Century Bank.

Barndominium Construction Mortgages

New Century Bank has completed thousands of construction mortgages nationwide.  We offer low fixed rate conventional mortgages with Fannie Mae interest rates for Barndominiums.  New Century also offers loans for not only primary residences but second homes as well. 

We also specialize in mortgages for unique construction design, multiple residences on one property and large acreage properties up to 160 acres. You can speak to an experienced loan officer who will explain each aspect of the building process with a simple phone call.

Down Payment Requirements 

Land Equity can count towards your down payment.  New Century Bank also offers solutions to help you buy land and build in the same transaction.  If your down payment is tied up in equity in your home, New Century bank has options to let you live in your existing home while you are building.

Can I be my own General Contractor?

Yes! You may act as your own general contractor if the State and County you are building in allows it.  We will even allow the homeowner to do some of their own work once the home has been drywalled, mudded and taped.

Get Started Today! Apply Now: 

Please fill out this Construction Mortgage Pre-Qualification Request and send it back to us: Home-Construction-and-Mortgage