Better Launches Bitcoin Mortgage Loans with Coinbase Custody

Chainthink

Release Time: 2026/08/26 20:35:06

Summary

Bitcoin breaking news: Better, a U.S. mortgage lender, has launched a loan product allowing borrowers to use Bitcoin as collateral, with custody managed by Coinbase Prime. Borrowers can now use Bitcoin as non-marital assets to secure home loans without selling their holdings, thereby avoiding capital gains taxes. For rental or investment properties, the maximum loan-to-value ratio is 80%. Chris Verrilli, Better’s Head of Institutional Products, said the product enables crypto holders to access their digital wealth for home purchases without incurring tax liabilities or liquidation costs.

ChainThink reports that on August 27, U.S. mortgage lender Better officially launched a bitcoin-collateralized loan product, with Coinbase Prime serving as the custodian.

Borrowers can use Bitcoin as collateral for a spouse who is not the borrower, securing a home loan without selling their digital assets and thereby avoiding capital gains tax. For rental and investment properties, the maximum loan amount can reach 80% of the property’s value.

Better’s Institutional Products Head, Chris Verrilli, said the product is designed to help cryptocurrency holders use their digital wealth to purchase homes while avoiding the tax liabilities and opportunity costs associated with selling.

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