Loading ...CRYPTO GOES MAINSTREAM IN MORTGAGES
U.S. mortgage lender Rate (formerly Guaranteed Rate) has launched RateFi, a nationwide program allowing borrowers to use cryptocurrency in mortgage underwriting.
– No Liquidation Required: Verified crypto can qualify as reserves or, in some cases, income – without selling it.
– Supported Assets: Large-cap cryptocurrencies like $BTC and $ETH , plus major USD-backed stablecoins.
– Compliance: Assets must be held with approved custodians or exchanges; ownership documentation required.
The rollout aligns with Senator Cynthia Lummis’s 21st Century Mortgage Act, which seeks to codify digital assets in housing finance.