Wells Fargo has reached an agreement with construction technology company ICON to serve as the preferred lender for its new 3D-printed residential properties. As part of the partnership, the bank will offer a 50 basis-point interest rate incentive to borrowers.

“The housing market is looking for new ways to increase supply and improve affordability, and this technology is now proven enough to do both at scale,” a Wells Fargo spokesperson said in a statement. “Our role is to step in and make sure buyers can actually finance these homes, so innovation in construction can translate into real access to homeownership.”

Historically, securing financing details ⇒

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