Barnominium Construction Loans
At Rural 1st, most barndominium (barndo) construction is financed like a conventional-style home. We don’t charge a higher rate or require a larger down payment or shortened terms for you to build a post-frame home. Our loan officers are experts in this unique construction style and can make financing your barndominium construction loan a breeze.
-
We Know Barndos - Whether you are starting from scratch or purchasing a kit, we’ve been helping families build barndos since before they became popular. You don’t have to explain how you want to live, we just get it
-
You Choose Your Builder - While other lenders ask you to work with a builder they prefer, we let you choose your own. And our digital tool lets you manage your build in real-time with your contractor and Rural 1st team.
-
One Time Close - We like to make things easy for you. Other lenders may require you to take out a construction loan and then refinance into a regular mortgage, but Rural 1st can help you go from construction to a permanent loan with one simple package.
-
Lower Rate For Less - If a lower rate becomes available after you close, you can reduce your rate for a small fee* without the hassle of refinancing.
