Gate News reports that on March 27, a certain CEX and the mortgage platform Better Home & Finance announced a partnership to launch home loan products backed by Bitcoin or USDC, guaranteed by Fannie Mae. Borrowers do not need to sell their crypto assets; they can use them as collateral to apply for an independent loan to cover the down payment while also qualifying for a standard mortgage. Ultimately, borrowers hold two loans with the same interest rate and repayment period, with combined monthly payments. The product complies with Fannie Mae guidelines and offers interest rates significantly lower than traditional crypto-backed loans. If Bitcoin prices fall, the collateral will not be forcibly liquidated due to market fluctuations, only facing liquidation risk after 60 days of overdue payments. Borrowers using USDC as collateral can offset part of the loan interest with the income generated from the collateral. A member of a certain CEX who completes a transaction through Better can receive a rebate of up to 1% of the mortgage amount, with a maximum of $10,000. Both companies stated that they plan to expand the eligible collateral range in the future to include tokenized stocks and fixed-income assets.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin Holders Realize 14,600 BTC in Daily Profits on May 4, Highest Since December
According to CryptoQuant, on May 4, bitcoin holders realized 14,600 BTC in daily profits, the highest level since December 10, 2025. The Short-Term Holder Spent Output Profit Ratio (STH-SOPR) rose to 1.016 and has remained above 1.00 since mid-April, indicating bitcoin has been in clear
GateNews58m ago
Santiment Issues 'Extreme Greed' Warning as Bitcoin Hits $82,800 This Week
According to Santiment, Bitcoin surged to $82,800 this week, marking its best performance in three months. However, the analytics firm has flagged current market sentiment as entering the "extreme greed" zone, a signal that often precedes price corrections. Santiment warned prices could fall to the
GateNews1h ago
BTC breaks through 81,000 USDT
Gate News bot message, Gate market data shows BTC has broken through 81,000 USDT, current price is 81,032.2 USDT.
CryptoRadar1h ago
TeraWulf's HPC Revenue Hits $21 Million, Surpasses Bitcoin Mining for First Time in Q1 2026
According to The Block, TeraWulf's high-performance computing business overtook its bitcoin mining segment for the first time in Q1 2026. HPC lease revenue reached $21 million, surpassing digital asset revenue of just under $13 million as the company ramps up long-term compute contracts. At its
GateNews3h ago
Switzerland's Bitcoin Reserve Initiative Fails Over Insufficient Signatures on May 9
According to BlockBeats, on May 9, Switzerland's initiative to require the Swiss National Bank (SNB) to hold Bitcoin in its official reserves failed due to insufficient signatures. The proposal aimed to amend the Swiss Constitution to add BTC alongside gold and foreign currency reserves. The initiat
GateNews4h ago
