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Updated almost 3 years ago on . Most recent reply

User Stats

4
Posts
1
Votes
Ryan Harbert
  • Investor
  • Oakhurst, CA
1
Votes |
4
Posts

Financing 3D printed houses?

Ryan Harbert
  • Investor
  • Oakhurst, CA
Posted

Are there lenders out there willing to finance 3D-printed houses?

I'm part of a small group of people looking to build 3D-printed houses near Ithaca, NY. We're looking for final financing, not construction loans. And the houses will be fully permitted by the local building department.

I know 3D-printed houses are very new and because of that they are not much accepted yet, but I'm hoping someone out there might be interested in our project. Ideally, we'd like to avoid non-QM mortgages, but depending on the terms, we might be open to that.

And a follow-up question: Would 3D printed houses necessarily be considered non-QM? An agent from a prominent lender told me that we could try a non-QM lender, but he didn't sound confident about what he was telling me. In my uninformed mind, a 3D printed house is still a concrete house, just not cast concrete. It still goes through the structural engineering approval process.

Thanks for the help.

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