Better and Coinbase Launch First Fannie Mae-Insured Bitcoin-Backed Mortgages

🏠 Bitcoin Buys Houses

By Coinbase
Jun 8, 2026, 3:44 PM
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Better and Coinbase have originated the first Fannie Mae-insured mortgage backed by Bitcoin in the United States.​ The program allows homebuyers to use their crypto holdings as collateral for conventional mortgages without selling their assets.​

Key Details:

  • Loans are originated and serviced by Better, powered by Coinbase
  • Rolling out nationwide this summer
  • Coinbase One members receive a 1% rebate on mortgage value (up to $10,000 maximum)
  • Rebates applied as lender credit against closing costs

The first customer has already been funded under this program.​ All mortgages are structured as conventional loans and require credit approval by Better.​ Coinbase is not involved in loan underwriting or mortgage advice.​

Borrowers should consult independent tax advisors regarding crypto pledge treatment.​

Learn more about crypto-backed mortgages

Sources

The first ever Fannie Mae-insured mortgage backed by BTC in the U.S just got funded. Originated and serviced by Better, powered by Coinbase. Rolling out nationwide this summer.

Coinbase 🛡️
Coinbase 🛡️
@coinbase

Get your house and keep your crypto. Crypto-backed mortgages are here - increasing access to homeownership for millions of Americans. Buy a home without converting your portfolio by using BTC or USDC as collateral for your down payment. Offered by Better, powered by Coinbase.

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