The US is now letting crypto count toward getting a mortgage, opening new paths to homeownership.
- The FHFA will let Fannie Mae and Freddie Mac consider crypto assets for mortgage qualifications.
- This change signals official recognition of crypto wealth in traditional finance.
- About 12% of first-time homebuyers in 2024 used crypto to save for down payments.
Crypto Now Counts Toward Buying a Home
The Federal Housing Finance Agency (FHFA) has begun a major shift. It now accepts crypto assets in mortgage applications. That means people can use their digital wealth when applying for home loans through Fannie Mae and Freddie Mac.
This is the first time a top US housing agency officially recognizes crypto as real wealth. For many, this change could help make owning a home more possible.
Digital Wealth Meets Traditional Finance
This move is about more than paperwork. It shows that the government is ready to include people who built wealth online. Many crypto holders work outside of traditional jobs. They may not have the regular documents banks usually ask for. But now, their verified wallet balances could prove they are ready to buy.
In 2024, 12% of homebuyers said that selling crypto helped them save for down payments. That’s more than double the 5% in 2019, according to Redfin.
Bringing Transparency to Lending
Some experts worry crypto’s price swings could add risk to the housing market. But crypto users say the system is actually more open. Blockchain wallets show exact balances. Smart contracts don’t fake paychecks. Supporters say this could make lending clearer, not riskier.
Instead of making people fit into old finance rules, this new option lets more people take part fairly—based on what they actually own, not just where they work.
A Step Toward Financial Freedom
This is also about freedom. The change gives more people power to reach milestones like owning a home. It shows that the meaning of wealth is growing. It now includes both dollars and digital coins. And the path to the American Dream is no longer limited to those in traditional jobs or with high credit scores.
Crypto is becoming more than just an investment. It’s becoming a tool for real-life success.
Source: cointelegraph.com
