Articles
Bitcoin

Coinbase launches token-backed down payments for Fannie Mae loans

User Image

Av Anonym

Skapad March 26, 2026|3 minuter lästid
Main Image

Coinbase and Better Home & Finance launched a structure that lets borrowers pledge Bitcoin or USDC to fund the cash down payment on a conforming mortgage tied to Fannie Mae-backed loans.

Crypto exchange Coinbase Global has launched a mortgage structure with Better Home & Finance that lets qualified borrowers pledge digital assets held in Coinbase accounts to fund down payments on standard conforming mortgages designed in accordance with Fannie Mae guidelines.

According to Coinbase, the structure enables borrowers to pledge digital assets such as Bitcoin (BTC) or USDC (USDC) as collateral for a separate loan used to fund the down payment, while the primary mortgage remains a standard, Fannie Mae–backed loan. Better will originate and service the mortgages.

When rolled out, the new development could mark a shift in how crypto assets are used in US housing finance, extending their role from qualifying assets in underwriting to a more direct component of mortgage financing.

The news follows earlier regulatory signals to integrate crypto into mortgage frameworks. In June, the US Federal Housing Finance Agency directed Fannie Mae and Freddie Mac to prepare proposals to recognize cryptocurrency as an asset in mortgage risk assessments without requiring conversion to US dollars.

It also builds on a series of developments integrating crypto into home lending, with lenders like Newrez and Rate recently recognizing crypto holdings in underwriting, signaling a broader push to embed crypto across the mortgage stack.

Cointelegraph reached out to Fannie Mae for more information but did not receive a response before publication.

According to Coinbase, borrowers would take out a standard conforming mortgage while using a separate loan secured by crypto holdings to cover the down payment.

The setup allows buyers to retain exposure to digital assets, but replaces upfront cash with additional debt. 

Related: Crypto mortgages in US face valuation risks, regulatory uncertainty

Coinbase said the model introduces constraints tied to pledged assets, with borrowers unable to trade collateral while it is locked.

The company said market volatility alone does not trigger margin calls as long as borrowers continue making payments, and mortgage terms remain unchanged once the loan is active.

The model also introduces new risks tied to the pledged assets. While price swings do not directly affect the mortgage, they may still influence borrower risk exposure and financial decisions over time.

The new development follows several US lenders that recently incorporated crypto assets into mortgage processes. 

On Jan. 17, loan servicer Newrez said it would allow borrowers to use BTC, Ether (ETH), crypto ETFs and stablecoins as qualifying assets in underwriting, without requiring liquidation. 

On Feb. 23, mortgage lender Rate launched its RateFi program, which allows verified crypto holdings to count toward reserves and, in some cases, income. However, borrowers are still required to convert their crypto into cash for down payments and closing costs. 

Ahead of the rollout, Cointelegraph’s Turner Wright spoke with former Ohio Representative Tim Ryan, a member of Coinbase’s advisory council who has focused on middle-class affordability, including housing.

Ryan cast mortgage financing as a practical, real-world use case for crypto, arguing that digital assets can unlock wealth for early investors and help address one of the biggest barriers to homeownership — the down payment.

“Digital assets have a place for working-class people… all the way down to getting a home,” Ryan said. “To see the industry move into… the housing sector… is a really huge deal.”

Affordability remains a major challenge for US homebuyers. Despite slower activity tied to low inventory and elevated mortgage rates, the average home price still exceeded $405,000 in the fourth quarter.

A 20% down payment, often required to avoid private mortgage insurance, would still cost buyers more than $80,000, a hurdle that could be less challenging now for crypto investors.

Additional reporting by Sam Bourgi and Turner Wright.

Related: Bitcoin ‘compression’ outcome may send BTC to $80K: Analyst

Magazine: Nobody knows if quantum secure cryptography will even work

Source: CoinTelegraph


Andra artiklar publicerade nyligen

Wells Fargo lifts Ether ETF holdings in Q1 as Bitcoin positions shift
Wells Fargo lifts Ether ETF holdings in Q1 as Bitcoin positions shift

Bitcoin

Wells Fargo lifted Ether ETF exposure while rotating Bitcoin holdings and sharply increasing its Str...

Istanbul Blockchain Week returns in June 2026 amid surging crypto adoption in Türkiye
Istanbul Blockchain Week returns in June 2026 amid surging crypto adoption in Türkiye

Blockchain

Istanbul Blockchain Week, organized by Web3 marketing agency EAK Digital is set to return for its fi...

JPMorgan to launch tokenized money market fund for stablecoin issuers
JPMorgan to launch tokenized money market fund for stablecoin issuers

Crypto Market Analysis

JPMorgan’s filing comes nearly three weeks after rival investment bank Morgan Stanley launched its...

Senators file over 100 amendments to crypto bill ahead of markup
Senators file over 100 amendments to crypto bill ahead of markup

Crypto Market Analysis

A leaked list shows Senate Banking Committee members have filed more than 100 amendments to a crypto...

Iran war, AI spending could push Bitcoin back to $126K this year: Hayes
Iran war, AI spending could push Bitcoin back to $126K this year: Hayes

Bitcoin

Hayes said military spending and the prioritization of AI infrastructure over US Treasurys and equit...

Kelp DAO eyes unpausing withdrawals after attackers’ rsETH on Arbitrum is burned
Kelp DAO eyes unpausing withdrawals after attackers’ rsETH on Arbitrum is burned

Crypto Market Analysis

Kelp DAO has burned the exploiter’s tokens and outlined a two-week plan to refill rsETH through Aa...