On August 26, Better Mortgage and Coinbase introduced a mortgage program that allows financing for a down payment using Bitcoin as collateral. Participants enrolled in Coinbase One who are approved by Better will receive a 1% rebate on their mortgage amount, capped at $10,000. This rebate can be applied towards closing costs and will be reflected in the final payment calculations. The bonus is available for both crypto-collateralized mortgages and traditional home loans, as well as refinancing options and home equity lines of credit.