Better Mortgage and Coinbase Launch Bitcoin-Backed Mortgage Product

Better Mortgage and Coinbase have launched a new mortgage product that allows eligible U.S. homebuyers to use Bitcoin as collateral for a down payment without selling their holdings. The offering, which became generally available to Coinbase One members on August 12, 2026, combines a standard conforming mortgage with a separate down payment loan secured by the borrower's Bitcoin. The announcement was made on Wednesday, August 26, 2026, by the companies. The product is structured as two linked loans. The first is a conventional mortgage that meets Fannie Mae guidelines, while the second is a down payment loan secured by the borrower's Bitcoin.