In a groundbreaking initiative, Better Mortgage has teamed up with Coinbase to unveil a new mortgage program that permits the use of Bitcoin as collateral for down payments. Launched on August 26, this program targets participants enrolled in Coinbase One who qualify through Better Mortgage.
Approved applicants will benefit from a 1% rebate on their mortgage amount, with a maximum limit of $10,000. This rebate is applicable towards closing costs and will be integrated into the overall payment calculations. The incentive extends to various mortgage types, including crypto-collateralized loans, traditional mortgages, refinancing options, and home equity lines of credit.
