Coinbase–Better Deal Enables Mortgages Secured by Bitcoin and USDC

Better and Coinbase Fund First Fannie Mae-Backed Bitcoin Mortgage in U.S. History - CryptoGazette

Better and Coinbase Fund First Fannie Mae-Backed Bitcoin Mortgage in U.S. History A married couple in Ann Arbor, Michigan just made history without any fanfare. On June 4, Joe and Amy closed on a home using Bitcoin as collateral for their down payment — marking the first time a government-sponsored enterprise has backed a crypto-secured...…

Coinbase–Better Deal Enables Mortgages Secured by Bitcoin and USDC

Better Mortgage already has a waitlist open for a new home loan product that accepts Bitcoin and USDC as collateral, with plans to launch nationwide this summer and a projected loan volume of $250 million based on signups so far. How The Product Works The mortgage lender is partnering with crypto exchange Coinbase to power the transactions behind the scenes. Borrowers with significant Bitcoin holdings are connected to Better through Coinbase’s p…

Bitcoin Mortgage Collateral: Coinbase and Better's Historic Deal

Bitcoin mortgage collateral became a reality after Coinbase and Better co-funded the first Fannie Mae-backed home loan secured with BTC in the US. Qualified buyers can now use Bitcoin as collateral without selling their holdings or triggering a taxable event.