Coinbase has partnered with Better Home & Finance to launch a mortgage structure allowing borrowers to use crypto holdings to fund down payments on Fannie Mae–aligned loans.
The model lets borrowers pledge assets such as Bitcoin or USDC as collateral for a separate loan used to cover the down payment, while the primary mortgage remains a standard conforming loan.
“Digital assets have a place for working-class people… all the way down to getting a home,”
Said former US Representative Tim Ryan.
The structure enables borrowers to retain exposure to crypto without liquidating holdings, marking a shift in how digital assets are used in housing finance.
However, the approach introduces additional leverage, as borrowers take on a second loan secured by volatile assets, while being unable to trade the pledged crypto.
Coinbase said market volatility alone will not trigger margin calls if payments are maintained, though price swings could still affect borrower risk over time.
The move builds on broader efforts to integrate crypto into mortgage underwriting, as lenders increasingly recognise digital assets as part of borrower financial profiles.
At the time of reporting, Bitcoin price was $68,530.67.