How much of a down payment is actually needed for a barndominium? Well, it varies. If you are looking to find financing for your barndominium, just like everything else with building one of these unique structures, you will find varying responses. Typically, you will find that most mortgage companies will require a down payment anywhere from 5%-25%. This is for a conventional loan, whereas specialty loan programs such as a VA loan may require 0 down for the construction loan of your barndominium.
Other factors to consider, are you going the DIY route, acting as GC, or hiring it all out. Some lenders may or may not be able to lend to you from these factors alone. Your local bank may not even have a barndominium program! Your best bet is to find a lender that specializes in barndominium financing