We have several lenders to help you with your financial needs.

barndominium lending barndominium home financing *Acorn

*Moody National Bank

*Capital Farm Credit

*Local Banks

*Acorn

* HFS

Barndominium are easy to finance because so many are being built.

Banks have accepted them as regular homes and are funding them like conventional homes.

Please call for more details at 1-844-963-9963

While few people can build a new home with no financing, if Barndominiums have piqued your interest for their hardy design, rural aesthetic, and affordable building costs you’ll need to be fully informed on where to find a lender and what their requirements are.

Knowledge is power, so having this information in your arsenal will increase your productivity with your builder or real estate agent and expedite the process.

You’ll save a substantial amount of money on materials and labor by choosing a Barndominiums rather than a traditional stick-built structure, and that frees up funds for your favorite design choices, but knowing your lending options will inform exactly how much wiggle room you have when making those design and building decisions.

While designers and builders classify a Barndominium as a metal structure with a barn-like exterior/construction and interior home amenities, lenders rarely make this distinction from a regular home build. The truth is that a loan is a numbers game with a lender, and they are uninterested in whether you want to build a barn home a post-modern structure on the side of a waterfall, or anything in between. 

As long as the home you’re building meets the code for a permanent residence, what a lender looks at – instead of the Barndominium distinction – is a systematic list of qualifications to determine whether your desired home will qualify for a construction (or mortgage, for pre-built barn homes) loan. This list is based on numbers and statistics, not your home’s style.

1. Your creditworthiness: Obviously this is the first thing a lender will look at, and it’s the first step to a pre-approval before you even meet with your builder. The lender will evaluate your credit history, income, and debt-to-income ratio to determine your building budget, and your preapproval is the budget your builder will go off of in design meetings.
2. Location: What a lender is willing to put forth toward a specific home depends on recent sales in your area, based on an appraisal. For instance, if you have property in an area with homes comparable to the one you want to build that have sold for $500,000.00, that’s what the bank will be willing to pay for the home you’d like to build. When it comes to Barndominiums, this is where things become tricky. Barndominiums are still rare, and appraisers occasionally don’t know how to value the building.
3. Your plan, desired fixtures, amenities, and finishes: Lenders want a full list of your home’s selections (or a general ballpark, anyway) to help them value it. For example, it will cost more to add hardwood floors than it would carpet, granite countertops than laminate, or marble bathroom floors than laminate. These are important considerations for any lender, as they can drastically change the value of a home, and therefore the amount the lender is willing to put forth

Many people want to add to their property by building an additional structure that could be used for various purposes, but they aren’t sure how or where to start. HFS Financial is here to help you finance that addition to your primary property with a pole barn! Pole barn financing doesn’t have to be difficult. With loans for pole barns through HFS Financial, you’ll have the money you need to get started.

Pole barns, or post-frame buildings, are becoming a popular way of adding extra usable space to your primary property. They are structures that use poles set four to six feet in the ground and eight to ten feet apart as the frame structure of the building. This creates a very sturdy frame that transfers substantial weight and forces directly to the ground, which means it can support a lot. This setup also means that pole barn structures have ample open space. This is great for areas that need to be open, like equipment storage, a gathering place or a dance room.

Pole barns also do not require a concrete slab or poured foundation, so they can be constructed on uneven ground with much less difficulty than other building types. Whether you are looking to build a barn, a storage shed, a garage, an extra workspace, an in-law suite, or a man cave/she shed, pole barns are a wonderful way to go.

Another nice feature of pole barns is that they are very cost effective. Smaller structures can even be done DIY! (Larger ones will likely require a contractor.)

Since there is no need to pour a concrete slab to build it, this dramatically lowers the construction cost. Unlike a stick-frame structure that needs studs every one and a half to two feet apart, the poles that construct the frame of the building can be placed eight to ten feet apart, limiting the number of materials needed and further lowering the cost.

Building this way will also give you more flexibility in how you want to design the interior. With no need for load-bearing walls inside the structure, walls can be placed according to any design without worrying about a wall or beam having to be somewhere to help support the weight of the building.

You can put as much or as little as you want into the structure, giving you financial flexibility and efficiency. Want a large open area to store hay for your livestock? A pole barn can be built to fit those needs. Do you need stalls, a tack room, or other livestock storage needs? We’ve got you covered. Do you want a more elaborate layout to host parties, extra workout space, or both? A pole barn can accommodate those needs as well.

A pole barn is ideal for you if you want extra, usable space without building an entirely new mini home. Anyone looking to build a barn or storage shed, especially, should consider using a pole barn as the structure for this type of building. It could be the best type of building for this purpose and a great fit for your needs.

This is also a fantastic structure if you want to make something like a pool house, man cave, or in-law suite. A pole barn is sturdy, can be constructed quickly, is easy to insulate, and easily adjusts to fit different purposes.

Another excellent use for a pole barn is for entertainment space. A pole barn is a perfect structure, whether it is an event venue or a family gathering place. Since it can be built as a vast open space, it is easy to have a big room that can be set up for a wide variety of events. If you have a big family, a pole barn is a unique space to host family gatherings. There is plenty of room for everyone to be together and space to spread out and have different activities going on at one time.

It is definitely the way to go if you need an extra garage or workshop space. You can have primarily open space with a pole barn structure, accommodating whatever type of workspace you need.

Pole barn buildings are also outstanding options for additions to your current home or a unique opportunity for building a new home on your property. Whatever you are trying to do, pole barns are worth a look.

HFS Financial is here to help you get financing for any home improvement project you may have on the agenda this year. Simply use our rate check tool, and in just 60 seconds, you will see all of the options available to you.

We pride ourselves on helping consumers find the best financing options for their home improvement visions. Once you have completed your rate check with no impact on your credit score, one of our experienced consultants will reach out to you to help you continue your search to find the perfect loan for your needs.

This first step in completing your home improvement journey should be the easiest one. After you have been approved for your personal loan, you’ll receive money upfront, with no staged financing to worry about during your project. This allows you to move along with your pole barn without worrying about being able to pay for materials or workers.

Reach out today to get started making your dreams come true. With HFS Financial, “You Dream It, We Finance It.”

Important note: Our pole barn loans are for primary residences only. We cannot assist with a commercial pole barn loan or one for your investment property. But if you’re building at your primary residence, we’ve got the best pole barn loans available