Bitcoin Now Backs US Home Down Payments at Better Mortgage
Borrowers keep BTC price exposure but give up day-to-day control, and a forced sale after delinquency triggers a taxable event while the down-payment lender holds a second lien on the home.
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Borrowers keep BTC price exposure but give up day-to-day control, and a forced sale after delinquency triggers a taxable event while the down-payment lender holds a second lien on the home.
Fannie Mae-conforming status matters: this is a mainstream mortgage product taking crypto as collateral, not a niche experimental offering, and a $260M waitlist suggests real demand behind the launch.
Coinbase and Better have jointly funded what they describe as the first bitcoin-backed mortgage in the United States…