Starting this summer, qualified homebuyers will be able to use cryptocurrency assets such as Bitcoin (BTC) and USDC to secure loans for mortgage down payments through a new initiative by Coinbase and Better Home & Finance. The program targets mortgage apartments backed by Fannie Mae, marking a notable advancement in integrating digital assets with traditional real estate financing.
This initiative aligns with a June 2025 directive from the US Federal Housing Finance Agency (FHFA), which encouraged Fannie Mae and Freddie Mac to recognize cryptocurrency holdings as eligible collateral without requiring conversion into fiat currency. Coinbase’s entry into this market broadens access for potential homebuyers who possess substantial crypto assets but have traditionally struggled to meet cash-based down payment requirements.
The project’s CEO emphasized that blockchain-based wealth often sits outside conventional financial metrics, posing barriers to acquisition despite borrowers’ economic qualifications. This development follows similar moves by other lenders, such as Newrez, which began accepting crypto assets in mortgage applications earlier in 2026.
However, concerns remain over the volatility of digital currencies potentially affecting mortgage underwriting risk. Some senators have voiced apprehension that including unconverted cryptocurrencies in mortgage risk assessments could destabilize the housing market and financial system. Meanwhile, pro-crypto lawmakers advocate for formalizing these policies into legislation, arguing the need for financial regulations to evolve alongside emerging technologies.