Crypto Craze Meets Home Loans: Should You Use Bitcoin to Buy a House?

Neil Caron
Jul 26
2 min read

July 26, 2025 | Mortgage Market Trends | Presented by ReadySetLoan™

The future of home financing might just include your crypto wallet. The Federal Housing Finance Agency (FHFA) is diving into the question of whether cryptocurrency can play a role in mortgage underwriting. And let’s just say — lenders have a lot of questions.

While crypto assets like Bitcoin and Ethereum have made headlines for their explosive (and sometimes unpredictable) growth, traditional mortgage giants like Fannie Mae and Freddie Mac are taking a cautious approach. Both agencies are evaluating how — or if — they can incorporate crypto assets into mortgage qualification criteria.

💰 The Big Question: Can Crypto Count as a Verified Asset?

Right now, lenders rely on clear, verifiable funds to approve a mortgage. Crypto, with its notorious price swings and lack of regulation, presents a challenge. Can a borrower truly rely on digital coins to secure their dream home?

"At ReadySetLoan™, we always emphasize the importance of stable, transparent assets when preparing to buy a home," says Neil Caron, Area Sales Manager at CMG Mortgage. "While cryptocurrency can be an exciting part of someone's financial portfolio, it shouldn’t replace traditional savings when it comes to qualifying for a mortgage."

📉 The Risk FactorCrypto’s value can change overnight. Today’s down payment in Bitcoin might lose significant value before closing. This volatility makes it tough for Fannie Mae and Freddie Mac to confidently allow crypto to count as part of a borrower's assets.

🏡 What About Non-QM Lenders?Some non-qualified mortgage (non-QM) lenders are exploring ways to accept crypto. These alternative lenders tend to have more flexible underwriting standards. However, they often come with higher rates and different risks, so it’s critical to understand all the fine print.

🐷 RSL Piggy Points

Crypto is not yet considered a traditional asset for Fannie Mae and Freddie Mac loans.
Price swings make crypto risky for down payments and reserves.
Non-QM lenders might accept crypto, but caution (and a thorough discussion with a professional) is key.

💡 RSL Perspective

At ReadySetLoan™, we love watching new financial trends unfold, but we’re firm believers in building your homebuying foundation on stable ground. If you’re holding crypto, consider using it as a long-term investment rather than relying on it for your mortgage journey.

💬 Neil’s Take 🎤

"Crypto is a fascinating new frontier, but a home is too important to stake on such a volatile asset. We encourage buyers to work with trusted advisors and focus on more reliable sources of funds when planning for their next move."

Thinking about how to best prepare for your home purchase — crypto or no crypto?

Let ReadySetLoan™ be your guide to navigating this ever-changing market.

Visit ReadySetLoan.com today to learn more and start your path toward homeownership with confidence.