Coinbase Powers Better’s Crypto-Backed Mortgage Product

Higher Mortgage and Coinbase have made their Bitcoin-backed mortgage product usually obtainable, permitting US homebuyers to pledge Bitcoin as collateral for a down cost with out promoting it, the businesses introduced Wednesday.

Based on Coinbase’s Assist Middle, the product pairs a Fannie Mae-backed dwelling mortgage with a separate down cost mortgage secured by Bitcoin (BTC). Debtors should pledge BTC value no less than 250% of the down cost mortgage, with the pledged BTC transferred to Better’s custodial account on Coinbase Prime.

The 2 loans carry the identical rate of interest and amortization time period and are repaid by a single month-to-month cost, Coinbase stated. The pledged BTC is returned as soon as the mortgage is absolutely repaid or refinanced, topic to the mortgage phrases.

Bitcoin worth declines alone don’t set off margin calls or modifications to the mortgage phrases. Nevertheless, Higher can liquidate the pledged BTC if a borrower turns into 60 days delinquent on funds, based on Coinbase.

Debtors have to be US residents with a verified Coinbase account, and stay topic to Better’s credit score, revenue and different underwriting necessities. Coinbase One members are additionally eligible for a 1% rebate from Higher, topic to a $10,000 cap, that can be utilized towards closing prices and charges.

Higher and Coinbase first introduced the token-backed mortgage in March, initially opening it by an early-access program.

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Crypto beneficial properties floor in US mortgage market

The Higher-Coinbase product comes amid broader efforts to include digital property into US mortgage underwriting.

In June 2025, the Federal Housing Finance Company directed Fannie Mae and Freddie Mac to develop proposals to think about cryptocurrency held on US-regulated centralized exchanges as an asset in single-family mortgage danger assessments, with out requiring conversion to US {dollars}.

FHFA directive ordering Fannie Mae and Freddie Mac to think about cryptocurrency in mortgage danger assessments. Supply: William Pulte

The directive additionally required the 2 government-sponsored enterprises to think about risk-mitigation measures for crypto’s volatility and submit any proposed modifications to their boards for approval earlier than FHFA overview.

Different US lenders have additionally begun transferring in that path. Mortgage lender and servicer Newrez announced in January that it will acknowledge sure cryptocurrency holdings when evaluating mortgage purposes starting in February, together with for dwelling purchases and refinancing.

The growth of Bitcoin-backed dwelling financing comes as US housing costs stay close to historic highs. The median gross sales worth of a brand new US dwelling was about $400,000 in 2026, based on information from the US Census Bureau and Division of Housing and City Growth compiled by the Federal Reserve Financial institution of St. Louis.