Cryptocurrency exchange Coinbase and digital mortgage lender Better Home & Finance have announced a joint initiative that will allow qualified borrowers to use Bitcoin and USDC as collateral for home loan down payments. The service, set to launch this summer, aims to let crypto holders tap their digital assets for home financing without having to sell them and incur taxable events.
Under the program, borrowers who meet underwriting criteria would pledge BTC or USDC as security for the down payment portion of a mortgage, enabling them to keep their crypto exposure while accessing traditional home loans. Coinbase, one of the largest regulated crypto exchanges in the United States, will leverage its custody infrastructure to handle the collateral, while Better will integrate the process into its fully digital mortgage application flow.
The collaboration highlights the increasing intersection of crypto assets and mainstream finance. While details such as loan-to-value ratios, interest rates, and eligible property types have not yet been disclosed, the move represents a step toward broader acceptance of digital assets in real estate lending. Better Home & Finance has previously pioneered online mortgage origination, and this new feature could appeal to the growing number of households holding significant crypto wealth.