Wells Fargo partners with ICON to finance 3D-printed homes
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Wells Fargo has partnered with ICON as a preferred mortgage lender to offer a 50-basis point credit to buyers of 3D-printed homes, aiming to improve housing affordability and supply. The collaboration builds on prior work since 2019, including a $500,000 grant for affordable housing projects in Austin, Texas. *this image is generated using AI for illustrative purposes only. Wells Fargo has been named a preferred home mortgage lender for ICON, the global leader in advanced construction technologies, to expand access to financing for buyers of 3D-printed homes. The collaboration aims to support broader adoption of innovative construction methods designed to address housing supply and affordability challenges. Through this relationship, Wells Fargo Home Mortgage will offer a 50-basis point lender credit to qualified buyers who finance the purchase of an ICON home through Wells Fargo. Serhat Oztop, head of Home Lending at Wells Fargo, emphasized the potential of ICON's technology to increase supply and improve affordability in the housing market. He stated that serving as a preferred lender helps turn innovative construction into real homeownership opportunities while supporting responsible growth in this emerging space. Jason Ballard, co-founder and CEO of ICON, noted that having a leading banking institution as a preferred lender helps more people understand that 3D-printed...
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