Cryptocurrency Rules for Homebuying Loosen, Widening Mortgage Opportunities

Orange County (Calif.) Register, Sept. 8, 2026-Jeff Lazerson

This past spring it got easier for homebuyers to use cryptocurrency when qualifying for loans.

Under these new rules, buyers don’t have to liquidate cryptocurrency right away. Instead, they can list their virtual tokens as an asset.

When it comes time to use digital money for a down payment or closing costs, homebuyers will need to convert their tokens to U.S. dollars, usually through a bank that will convert the asset.

Before we dig deeper into virtual currency (Fannie Mae’s term for cryptocurrency), let’s get a better understanding of just what crypto is.

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