Coinbase Lets Users Buy Homes Using
Crypto as Collateral
Coinbase has partnered with Better Home & Finance to introduce a product that allows customers to use crypto assets like
$BTC as
collateral for a mortgage down payment.
Users can take a loan against BTC or USD Coin held on Coinbase, convert it into funds for the initial payment, and then apply for a traditional mortgage through a standard process supported by Fannie Mae.
The key detail: once the mortgage is issued, the interest rate is not tied to Bitcoin's future price movements.
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