Coinbase, in collaboration with Nasdaq-listed Better Mortgage, has announced the general availability of Bitcoin-backed mortgages tailored for American consumers.
The partnership revealed on Wednesday that this service has been designed in alignment with the regulations of the Federal National Mortgage Association (Fannie Mae).
Initially announced in June with the funding of the first Bitcoin-backed mortgage, the service aims to attract younger potential homeowners who possess Bitcoin assets.
JUST IN: Coinbase announces the expansion of their Bitcoin-backed mortgages
"Borrowers in the US can now use Bitcoin as collateral for a down payment — without having to sell it or face margin calls."
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— Bitcoin Magazine (@BitcoinMagazine) August 26, 2026
Ziggy Jonsson, Chief Technology Officer at Better Mortgage, noted, “In 2025, high interest rates, record home prices, and limited inventory pushed the median age of a first-time homebuyer to 40.”
He further emphasized that, “Coinbase counts millions of monthly users worldwide, and by allowing Coinbase One members to pledge crypto as collateral without selling their holdings, we are opening a new pathway to homeownership for a generation of borrowers whose wealth increasingly resides on-chain.”
Additionally, Ben Shen, head of financial services and loyalty products at Coinbase, stated, “By enabling borrowers to pledge their digital assets in the mortgage underwriting process, we are making crypto more practical and influential in the real world—expanding the pathways to homeownership while preserving long-term investment positions.”
The announcement also revealed that Coinbase One members will be eligible for a rebate equivalent to 1% of the mortgage value, with a cap of $10,000.
The first loan issued by Coinbase and Better was finalized by a married couple from Michigan, Joe and Amy, in June. The couple utilized their Bitcoin holdings as collateral for their down payment, avoiding liquidation of their investments at the time.
Another player in the space, crypto-backed lender Milo, reported earlier this year that it had exceeded $100 million in digital asset mortgages, including a notable $12 million loan, highlighting a trend where high-net-worth and institutional clients are increasingly employing Bitcoin as collateral for financing homes.
While Bitcoin-backed loans remain a niche product, research released by Ledn, one of the largest lenders in this category, suggests that the market could expand from its current value of $3 billion to as much as $1 trillion over the next decade.
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