Coinbase Powers Better’s Crypto-Backed Mortgage Product

Coinbase Powers Better’s Crypto-Backed Mortgage Product

Better and Coinbase have launched a crypto-backed mortgage product that lets US homebuyers pledge Bitcoin as collateral for a down payment without having to sell it.

Better and Coinbase launch token-backed, conforming mortgage (BETR:NASDAQ)

Better Mortgage and Coinbase launch token-backed conforming mortgages under Fannie Mae rules, plus up to 1% rebate for Coinbase One members—learn more...

Better Launches Bitcoin-Backed Mortgages Using Coinbase Technology

Better Mortgage and Coinbase have expanded their Bitcoin-backed mortgage option, moving it into general availability for eligible US homebuyers. The product is designed to let borrowers use Bitcoin as collateral for a down payment while keeping the primary home loan tied to a Fannie Mae-backed mortgage. Announced Wednesday, the offering combines two linked loans: a Fannie Mae-backed home loan from Better and a separate down payment loan secured …

Coinbase And Better Announce Bitcoin-Backed Mortgages

Coinbase and Nasdaq-listed Better Mortgage have announced the availability of Bitcoin-backed mortgages for Americans.  The crypto exchange and lender said Wednesday that the service was designed in accordance with the Federal National Mortgage Association, or Fannie Mae.  Coinbase and Better announced the funding of the first Bitcoin-backed mortgage in June. The service now hopes to cater to younger wannabe homeowners who have Bitcoin holdings. …

Coinbase Rolls Out Bitcoin-Backed Mortgages in US

Coinbase and Better Mortgage have expanded their Bitcoin-backed home financing product to borrowers across the US.

Better, Coinbase Expand Bitcoin-Backed Mortgages

Better is expanding access to a Bitcoin-backed mortgage product that allows crypto holders to use BTC as collateral for a home purchase without immediately selling their digital assets. The product combines a standard conforming mortgage with a separate loan secured by pledged Bitcoin. Better originates and services both loans, while Coinbase provides the infrastructure used to custody the cryptocurrency collateral through Coinbase Prime. Under …