Barndominium / Shouse One-Time Close
Construction-to-Permanent Loans
1 Application
1 Set of Fees
1 Closing
We Have The Tools to Build Your Dream Home
Discover a personalized approach to our One-Time Close Construction to Permanent Financing for Barndominiums/Shouses. Some restrictions may apply*.
Benefits
Single Closing
Competitive Rates
Interest Only During Construction Phase
Guidelines
Minimum Credit Score of 660*
Up to 75% LTV on Primary Residence or Secondary Homes*
25% Down Payment Required*
Balloon Payment May Apply
Flexible Repayment Options
1 Application 1 Set of Fees 1 Closing
We Have The Tools to Build Your Dream Home
Discover a personalized approach to our One-Time Close Construction to Permanent Financing for Barndominiums/Shouses. Some restrictions may apply*.
Benefits
Single Closing
Competitive Rates
Interest Only During Construction Phase
Guidelines
Minimum Credit Score of 660*
Up to 75% LTV on Primary Residence or Secondary Homes*
25% Down Payment Required*
5, 7 & 10-Year Terms
Maximum 25-Year Amortization
Balloon Payment May Apply
Let’s Get Started
Colette Dahlin | VP, Consumer Lending & Mortgage
To keep your information secure, please not not include confidential or personal information when sending an email.
Send me an Email | 763-398-3508
3350 Bridge St NW | St. Francis, MN 55070
NMLS ID# 424744 | NMLS Co. ID# 786171
Download Application | Send me a Secure File
*Originated Loan is subject to credit approval and underwriting standards. The interest rate is based on your Credit Score (FICO score), Debt to Income (DTI) ratio & Loan to Value (LTV) ratio. Standard closing costs apply, with borrowers responsible for specific fees to third-party appraisers, credit reporting agencies, and government recording clerks. Closing fees on a $50,000.00 loan are generally between $3000.00 and $5000.00. Property insurance is required. An appraisal may be required. Consumers should consult a tax advisor for deductibility of interest information.
Let’s Get Started
Colette Dahlin
VP, Consumer Lending & Mortgage
To keep your information secure, please do not include confidential or personal information when sending an email.
3350 Bridge St NW, St. Francis, MN 55070
NMLS ID# 424744 | NMLS Co. ID# 786171
*Originated Loan is subject to credit approval and underwriting standards. The interest rate is based on your Credit Score (FICO score), Debt to Income (DTI) ratio & Loan to Value (LTV) ratio. Standard closing costs apply, with borrowers responsible for specific fees to third-party appraisers, credit reporting agencies, and government recording clerks. Closing fees on a $50,000.00 loan are generally between $3000.00 and $5000.00. Property insurance is required. An appraisal may be required. Consumers should consult a tax advisor for deductibility of interest information.
