Overview
- Borrowers will be able to use eligible digital assets for asset verification and income estimation without selling their holdings.
- Newrez, a top five lender, says it is the first among the nation’s top 25 mortgage lenders to accept crypto in loan qualification.
- At launch, Bitcoin, Ethereum and U.S. dollar–backed stablecoins will be eligible if held with U.S.-regulated exchanges, retail fintech apps, brokerages or nationally chartered banks.
- Executives point to growing crypto participation, citing a market value above $3 trillion and high ownership among Gen Z and Millennial investors.
- Industry observers warn that volatility and evolving rules remain constraints, while FHFA leaders have encouraged preparation and loans using nonliquidated crypto currently trade only on private markets.