Welcome to New Century Bank
Now that you are here, please take a moment to create a relationship with us. Ask questions about lending or deposit products or our online and mobile banking options or just let us know what you think of our website. We would love to hear from you.
What is most important to know about us is that we have been blessed with a talented group of professionals who specialize in serving people. They are creative and accommodating and give New Century Bank uniqueness of ability. Our personal touch is not lost in our nationwide approach. Please join us and make us your home town bank of choice wherever you are.
THE EXTRA MILE
Our mortgage team is very special. One of our specialties is construction lending followed by a wonderful fixed rate mortgage. Not just for standard site built homes, but for many types of construction such as Modular Homes or True Log or other System Built Homes such as SIP Panel and Timber Frame and Post and Beam homes. We have much experience with Barn Homes and Shed Homes built by the post frame building industry, often called Shouse or Barndaminiums. Whatever your style, we like it. If you need to add a pole barn or garage, let’s do it. With a quick phone call you may find your dream home will soon be a reality.
Post and Steel Frame Building Financing
Who doesn’t want a nice post frame shed or garage for business or pleasure? You will find our experience in post frame building financing is outstanding. Mortgages for commercial and Agriculture clients or a home equity mortgage for residential clients. Your location is perfect for us.
New Century Bank is the Leader in Barndominium Financing
New Century Bank 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.
Steel Frame - Post and Beam - SIP(Structural Engineered Panels)
You may ask, “Can I build my family home with Post, Steel Frame or SIP construction and finance the cost?” The answer is YES! New Century Bank provides you with access to all the best rates and terms for your home mortgage. A low interest fixed rate mortgage may be in your future. Many former obstacles to financing Post, Steel and SIP homes have now been removed and while uninformed lenders may try to detour your ideas, let New Century Bank help you realize your dream of building the home you want to build.
