{"specialty":{"slug":"crypto-mortgage","category":"loan_program","label":"Crypto / Bitcoin mortgage","description":"Mortgages that count cryptocurrency for the borrower: crypto holdings used as qualifying assets or reserves, crypto sold or seasoned for the down payment, or loans collateralized by crypto instead of selling it.","synonyms":["crypto mortgage","bitcoin mortgage","crypto-backed mortgage","crypto backed mortgage","crypto loan","bitcoin loan","crypto","cryptocurrency","cryptocurrencies","bitcoin","btc","ethereum","digital assets","digital asset","stablecoins"],"why_hard":"Agency guidelines only count crypto once it is converted to dollars and the funds are documented and seasoned, so using it without selling (as reserves, income or collateral) needs a lender with a portfolio or non-QM crypto program, and exchange statements and price swings complicate underwriting.","questions_to_ask":["Can you count my crypto as assets or reserves without me selling it, and at what percentage of its value?","If I sell crypto for the down payment, how long must the dollars season and what exchange records do you need?","Do you offer a loan collateralized by crypto, and what happens if its price drops (margin calls, liquidation)?"],"canonical_url":"https://lendb.ai/s/crypto-mortgage","api_url":"https://lendb.ai/api/v1/specialties/crypto-mortgage"}}