Coinbase will provide home down payment loans using bitcoin and USDC as collateral from this summer.
Cointelegraph reported recently that Coinbase will work with Better Home & Finance from this summer to let eligible borrowers borrow down payment funds for Fannie Mae-guaranteed mortgages.
Borrowers can pledge the bitcoin (BTC) or USDC they hold as collateral and raise the down payment needed to buy a home. The plan was first disclosed in March.
Vishal Garg (비샬 가그), Better’s founder and chief executive officer, said it would broaden access for people who meet key qualification requirements but cannot raise a down payment because their assets are not in forms expected by the traditional financial system.
The move comes as U.S. regulatory policy shifts. The Federal Housing Finance Agency (FHFA) in June 2025 instructed Fannie Mae and Freddie Mac to consider cryptocurrency as an asset in mortgage risk assessments even if it is not converted into fiat currency. Other lenders then took similar steps. Newrez in February 2026 began factoring borrowers’ cryptocurrency holdings into eligibility reviews for mortgage applications.