Mortgage

An asset towards you’re mortgage

ca: 0xb2000000000000000000000dcb3eec10affb0301

[Mortgage @Mortgageonbase]

You don't have to buy the whole coin outright. You can own a percentage of it and slowly build your position over time, just like paying off a mortgage.

We haven’t seen a narrative like this in so long.

This isn't about buying a house with crypto. It's specifically about mortgage underwriting.

You've always been able to buy a house outright using crypto.

The difference is that crypto generally hasn't counted when qualifying for a mortgage. That's what this is trying to change.

https://t.co/8GGhDn7JgQ

https://t.co/N0nioMsv84

[Coinbase 🛡️ @coinbase]

Crypto-backed mortgages have moved in.

Borrowers in the US can now use Bitcoin as collateral for a down payment - without having to sell it or face margin calls.

Plus, Coinbase One members can get up to $10,000 back at closing.

[Mortgage @Mortgageonbase]

Can’t afford the house? Start with the mortgage.

[Mortgage @Mortgageonbase]

Started off as a Dream, Turned into reality

[jesse.base.eth @jessepollak]

Tokenization will be* the biggest financial upgrade of our lifetimes.

[The Bitcoin Historian @pete_rizzo_]

🇺🇸 CNBC REPORTS TO MILLIONS OF VIEWERS THAT AMERICANS CAN NOW BUY HOMES WITH #BITCOIN

A $20 TRILLION MARKET IS OPENING TO BTC

NO MORE SELLING REQUIRED

WE ARE WATCHING HISTORY 🚀🚀

[QSI Media - News, Analytics, World. @MediaQSI]

🪙🇺🇸 Coinbase Rolls Out Bitcoin-Backed Mortgages in US

Borrowers across the US have gained access to the crypto-backed mortgage offering introduced by Coinbase and Better Mortgage. The product pairs a standard conforming mortgage with a separate loan secured by pledged Bitcoin.

Better originates and services both loans. In the meantime, Coinbase provides the infrastructure for holding the crypto collateral. Borrowers pledge Bitcoin instead of putting up the entire down payment in cash. 💸

❗️The arrangement does not involve margin calls triggered by normal market movements. For example, a borrower buying a $500,000 home could pledge $250,000 in Bitcoin to support a $100,000 down payment. The exact amount depends on the lender's underwriting and collateral requirements.

The company first introduced the product in March. It initially allowed borrowers to pledge Bitcoin or USDC. Now, the mortgage is broadly available. 🚀

@MediaQSI

[Coin Bureau @coinbureau]

🇺🇸HUGE: Bitcoin now buys you a home with $0 cash down in America.

Coinbase and mortgage lender Better opened their Fannie Mae-backed mortgages to every qualified US buyer, letting you pledge Bitcoin for the down payment instead of selling it.

You lock up Bitcoin worth 250% of the down payment and get every coin back once the mortgage is repaid.

A Bitcoin price drop alone doesn't trigger a margin call.

[Mortgage @Mortgageonbase]

@fundstrat One of us

[Mortgage @Mortgageonbase]

“it's time to bring the world onchain and update the system. so we can dream again”
- @jessepollak

[jesse.base.eth @jessepollak]

"get a job, save a little, take out a mortgage, buy a house"

that was the dream millions of people were promised. but the reality is that dream is gone — because the systems have failed us.

it's time to bring the world onchain and update the system. so we can dream again.

[jesse.base.eth @jessepollak]

@pt @AlexMasmej @Uniswap @AaveAave @farcaster_xyz @LensProtocol @goldfinch_fi if we used crypto to move the money and to build the underwriting platform, we’d inherit the improvements across the other dimensions of availability, uptime, fees, and settlement.

you may judge differently, but I think a mortgage product with those characteristics would be 10x.

[Mortgage @Mortgageonbase]

As rough as the housing market can be you can now use crypto to help pay off your mortgage.

Perks of the mortgagecoinoorrr

[Mortgage @Mortgageonbase]

One small step for man, huge leap for degenerates #mortgagecoin

[Michaël van de Poppe @CryptoMichNL]

This is actually massive, #Bitcoin backed mortgages will only expand the adoption of crypto.

[Mortgage @Mortgageonbase]

You don't have to buy the whole coin outright. You can own a percentage of it and slowly build your position over time, just like paying off a mortgage.

We haven’t seen a narrative like this in so long.

This isn't about buying a house with crypto. It's specifically about mortgage underwriting.

You've always been able to buy a house outright using crypto.

The difference is that crypto generally hasn't counted when qualifying for a mortgage. That's what this is trying to change.

https://t.co/8GGhDn7JgQ