Post Frame Building Leases & Loans
POST FRAME AND POST AND BEAM CONSTRUCTION is our SPECIALTY
Post Frame Buildings or Post and Beam Barns are a specialty of New Century Bank. Mortgages and Leases for both Ag and Commercial structures or home mortgages for residential structures. Post and Beam Barn event centers are one of the fastest growing small business in America. We are excited to hear about your new project.
POST AND BEAM BARN HOMES
Post and Beam Homes have been built in America since settlers first came across the big pond. This trade and method of building a home is alive and well and fast growing. They are an outstanding products built to IRC (international residential code) or equal code. Many have an outward appearance as if the same style as an old fashion barn from the 19th century or early 20th century, but outward appearance does not define the financing. They are beautiful homes with broad appeal and marketability. New Century has bridged the gap in mortgages for Post and Beam Barn homes so as to deliver the same financing as any other conventionally built home. The best interest rates and terms are now available through New Century Bank.
ECONOMICAL POST FRAME CONSTRUCTION FOR BUSINESS
Post Frame Buildings offer the most economical square footage in the building industry. Their versatility is only matched by New Century Bank’s versatility in financing. Leasing which often preserves operating capital and offers different tax benefit* and lower payments along with mortgages with payment schedules to allow your business to grow and retain capital. At New Century Bank we try to think outside the box to accommodate your business aspirations.
*Every tax situation will merit its own calculation and this information is not intended to give tax advice. New Century Bank recommends you consult with your professional tax advisor whether leasing is recommended for you.
RESIDENTIAL HOUSING BY the POST FRAME INDUSTRY
Residential Housing is fast applying the economies of the Post Frame Industry into residential living. New Century Bank receives many residential mortgage application from the post frame industry. A common question is can I get a typical residential fixed rate mortgage using my Post Frame contractor? The answer is yes, post frame contractors have the ability to design many types of structures that take advantage of high quality product and efficiencies of that industry and still comply with FNMA fixed rate requirements. We understand what it takes to obtain this best if all mortgages when using a Post Frame contractor. We have to admit though, that as there are many people, there are an equal number of ideas for construction. Our recommendation is for you to take a moment and consult with a New Century Bank Post Frame Mortgage Specialist to determine what financing is available for your particular project. A copy of your building elevation and floor plan and a few questions will soon have you on the path to a mortgage.
BARNDOMINIUMS - SHED-HOMES - SHOUSES - BARN-HOMES
If you label your project a barndominium, shed-home, shouse or barn-home, New Century Bank is interested in sharing with you our expertise on what mortgage products apply to your situation. You might be surprised, it is not that difficult. Our friendship with the Post Frame manufacturing industry is broad and we try to accommodate more project styles than any other lender. We encourage you to bring us your ideas.