# Coinbase and Better Bitcoin-backed mortgage launch > Live situation record from CLSTR: https://clstr.news/situations/coinbase-and-better-bitcoin-backed-mortgage-launch > Updated: 2026-08-27T17:01:00.000Z. Sources: 19. Developments: 2. Coinbase and Better Mortgage have introduced a Bitcoin-backed mortgage product in the United States. The program allows homebuyers to use Bitcoin as collateral for a down payment through a dual-loan structure. This involves a standard first-lien mortgage that adheres to Fannie Mae conforming guidelines, paired with a separate loan for the down payment secured by Bitcoin. To participate, borrowers must pledge Bitcoin valued at a minimum of 250% of the requested down payment loan amount. The assets are held in a custodial account managed via Coinbase Prime. While Bitcoin price volatility does not trigger margin calls or forced liquidations, the lender maintains the right to liquidate the collateral if a borrower's payments become more than 60 days delinquent. Coinbase One members may be eligible for a lender credit of 1%, capped at $10,000, to assist with closing costs. While the current offering is limited to Bitcoin, there are indications of potential future expansion to include other assets such as Ethereum and Solana. ## Timeline ### 2026-08-27: Coinbase and Better Mortgage launch Bitcoin-backed mortgages Coinbase and Better Mortgage have launched Bitcoin-backed mortgages, allowing users to use BTC as collateral for home down payments without selling their cryptocurrency. 3 sources. https://clstr.news/cluster/coinbase-and-better-mortgage-launch-bitcoin-backed-mortgages ### 2026-08-25: Coinbase and Better launch Bitcoin-backed mortgages in US Coinbase and Better Mortgage have launched a Bitcoin-backed mortgage product in the US, allowing homebuyers to use BTC as collateral for down payments without selling it. 16 sources. https://clstr.news/cluster/better-and-coinbase-launch-token-backed-mortgages --- Cite as: Coinbase and Better Bitcoin-backed mortgage launch. CLSTR, https://clstr.news/situations/coinbase-and-better-bitcoin-backed-mortgage-launch