--- title: Could Crypto Help You Buy Your Next Home? description: Home buyers may soon use cryptocurrency as an asset in mortgage applications under new FHFA guidance to Fannie Mae and Freddie Mac. authors: - name: Liliana Hall role: Reporter url: https://money.com/author/liliana-hall/ bio: Liliana Hall joined Money in 2025. She is an Austin-based reporter for Money, where she covers a range of topics, including financial news, policy, banking, investing, passive income, financial planning and student loan debt. education: University of Texas at Austin at_money_since: 2025 articles: 134 covers: - Mortgages - Banking - Business - Career Advice - Credit - Credit Cards - Debt - Economy and Politics - Education - Health and Wellness - Housing - Insurance - Investing - Lifestyle - Loans - Personal Finance - Pets - Retirement - Shopping - Taxes social: - https://x.com/lilihallllllll - https://www.linkedin.com/in/liliana-hall/ editors: - name: Katherine Peach role: Associate Editor url: https://money.com/author/katherine-peach/ bio: Katherine Peach is an associate editor with a focus on news and email at Money. She didn’t always intend to write about money. She’s a classically trained pianist who dreamed of becoming an archaeologist. However, in 2007 Katherine began working in financial publishing as an editor for Agora Inc. (Apparently, unearthing ideas about improving your personal finances isn’t such a bad career alternative!) Katherine’s writing and editing work has been featured in Investing Daily, Clever, Investor Junkie, The Palm Beach Letter, Truth & Plenty, Independence Monthly, NICHE, AmericanStyle, AntiqueWeek, Millennial Money, Money Done Right, TheStreet, Sure Dividend and many others. Katherine holds a Bachelor of Arts in Ancient Studies with concentrations in Archaeology and Ancient Languages and a minor in Literature from the University of Maryland, Baltimore County. She is a member of Phi Beta Kappa. education: University of Maryland, Baltimore County at_money_since: 2025 articles: 14 covers: - Mortgages - Banking - Career Advice - Credit - Credit Cards - Debt - Economy and Politics - Education - Federal Reserve Rate Cuts - Health and Wellness - Housing - Identity Theft - Insurance - Investing - Lifestyle - Loans - Personal Finance - Professional Services - Retirement - Shopping - Taxes published: '2025-06-26T20:35:54.000Z' modified: '2025-06-26T20:35:54.000Z' section: Mortgages tags: - News word_count: 528 canonical: https://money.com/crypto-assets-mortgage-applications/ type: NewsArticle source: structured-blocks --- > **Disclosure:** We may earn a fee if you click on the links below. Compensation does not determine ranking. Not all brands are included. [Learn more](https://money.com/page/disclaimer/). ![Illustration of a bitcoin being leveraged as an asset in order to buy a mortgage](https://img.money.com/2025/06/News-You-May-List-Crypto-Asset-Soon.jpg?crop=0px%2C127px%2C2880px%2C1620px&quality=85) Home buyers may soon be able to use cryptocurrency as an asset on [mortgage](https://money.com/current-mortgage-rates/) applications. On Wednesday, Federal Housing Finance Agency, or FHFA, Director William Pulte told Fannie Mae and Freddie Mac to develop a proposal for how crypto holdings could be treated as an asset — without being converted into U.S. dollars — when assessing risk in single-family home loan applications. This directive comes as the U.S. housing market continues to struggle with high interest rates, affordability challenges and a housing inventory that is still well below pre-pandemic levels, according to [Realtor.com](https://www.realtor.com/research/may-2025-data/). Fannie Mae and Freddie Mac are [government-sponsored mortgage companies](https://www.fhfa.gov/about/fannie-mae-freddie-mac) that buy loans from lenders and repackage them as securities for investors. They were taken under federal control in 2008 during the financial crisis and remain overseen by the FHFA. (However, President Donald Trump said last month that he plans to take the companies public — a move that some experts warn could be risky for the broader housing market). In a [post on X](https://x.com/pulte/status/1937944964656152800), Pulte said that the directive aligns with Trump’s “vision to make the United States the crypto capital of the world.” Until now, crypto hasn’t played much of a role in the typical home buying process, mainly due to its volatility and murky regulatory landscape. Still, there's growing interest in making crypto part of the home buying process. While just 1% of recent buyers actually used crypto sale proceeds for a downpayment, about 14% say they plan to in the future, according to [Redfin](https://www.nytimes.com/2025/06/26/business/crypto-industry-housing-market.html). “This is a big win for advocates of cryptocurrencies who want crypto to be treated the same way as other assets are,” Daryl Fairweather, chief economist at Redfin, told the [Associated Press](https://apnews.com/article/mortgages-crypto-fannie-mae-freddie-mac-housing-285fad5490a59c3476f7908f444e9fe9). In the FHFA's directive to both agencies, Pulte also instructed the two companies to “consider additional risk mitigants per their own assessment, including adjustments for market volatility” — a nod to the inherent instability of crypto. Together, Fannie Mae and Freddie Mac back [more than 60%](https://www.cato.org/commentary/fannie-freddie-may-foment-another-crisis#:~:text=Fannie%20and%20Freddie%20now%20back,85%25%20of%20today's%20mortgage%20market.) of new mortgages in the U.S., meaning any shift in how they evaluate assets could have a wide-reaching impact on home buyers. But despite the potential reach, crypto remains relatively niche. Only 17% of U.S. adults have invested, traded or used crypto, according to the [Pew Research Center](https://www.pewresearch.org/short-reads/2024/10/24/majority-of-americans-arent-confident-in-the-safety-and-reliability-of-cryptocurrency/) — a figure that has remained statistically unchanged since 2021. Still, with 14% of prospective home buyers saying they plan to use crypto sale proceeds for a down payment, even a niche asset like cryptocurrency could end up influencing mortgage markets more than its adoption rate alone might suggest. Overall, the policy change is intended to broaden how lenders evaluate a borrower's creditworthiness. Next, Fannie Mae and Freddie Mac must each draft proposals outlining how they plan to review crypto assets, which will need to be approved by their respective boards of directors and the FHFA before any changes can take effect. A timeline hasn't been announced, but the order states that implementation should occur "as soon as reasonably practical." ## Getting pre-approved for a mortgage helps you get closer to your dream home ### Find out how much house you can borrow before you start looking. Click below to get started with Rocket Mortgage (NMLS: #3030) today. [View Rates](https://money.com/pr/eb8791c7bc79?ap_referrer=%2Fcrypto-assets-mortgage-applications%2F) ![](https://s3.consumersadvocate.org/prd/image/image/26681/medium_57f09f10-efb8-487d-a73e-5f7d605144eb.png) Start your real estate investment journey with Rocket Mortgage (NMLS #3030) [View Rates](https://money.com/pr/b110370347e7?ap_referrer=%2Fcrypto-assets-mortgage-applications%2F) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "BreadcrumbList", "@id": "https://money.com/crypto-assets-mortgage-applications/#breadcrumb", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://money.com" }, { "@type": "ListItem", "position": 2, "name": "Mortgages", "item": "https://money.com/mortgages/" }, { "@type": "ListItem", "position": 3, "name": "News", "item": "https://money.com/tag/news/" }, { "@type": "ListItem", "position": 4, "name": "Could Crypto Help You Buy Your Next Home?" } ] }, { "@type": "WebSite", "@id": "https://money.com/#website", "url": "https://money.com", "name": "Money", "publisher": { "@id": "https://money.com/#organization" } }, { "@type": "WebPage", "@id": "https://money.com/crypto-assets-mortgage-applications/#webpage", "url": "https://money.com/crypto-assets-mortgage-applications/", "name": "Could Crypto Help You Buy Your Next Home?", "isPartOf": { "@id": "https://money.com/#website" }, "datePublished": "2025-06-26T20:35:54.000Z", "mainEntity": { "@id": "https://money.com/crypto-assets-mortgage-applications/" }, "inLanguage": "en-US", "breadcrumb": { "@id": "https://money.com/crypto-assets-mortgage-applications/#breadcrumb" }, "dateModified": "2025-06-26T20:35:54.000Z" }, { "@type": "NewsArticle", "headline": "Could Crypto Help You Buy Your Next Home?", "articleSection": "Mortgages", "image": [ { "@type": "ImageObject", "url": "https://img.money.com/2025/06/News-You-May-List-Crypto-Asset-Soon.jpg?crop=0px%2C127px%2C2880px%2C1620px&quality=85", "width": 1012, "height": 569, "caption": "News-You-May-List-Crypto-Asset-Soon" } ], "author": [ { "@type": "Person", "name": "Liliana Hall", "url": "https://money.com/author/liliana-hall/", "@id": "https://money.com/author/liliana-hall/#author", "description": "Liliana Hall joined Money in 2025. 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She didn’t always intend to write about money. She’s a classically trained pianist who dreamed of becoming an archaeologist. However, in 2007 Katherine began working in financial publishing as an editor for Agora Inc. (Apparently, unearthing ideas about improving your personal finances isn’t such a bad career alternative!)\r\n\r\nKatherine’s writing and editing work has been featured in Investing Daily, Clever, Investor Junkie, The Palm Beach Letter, Truth & Plenty, Independence Monthly, NICHE, AmericanStyle, AntiqueWeek, Millennial Money, Money Done Right, TheStreet, Sure Dividend and many others.\r\n\r\nKatherine holds a Bachelor of Arts in Ancient Studies with concentrations in Archaeology and Ancient Languages and a minor in Literature from the University of Maryland, Baltimore County. 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