{
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  "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"
  },
  "states": {
    "WA": 2,
    "OR": 1
  }
}