In a major development for both the crypto and housing sectors, a top U.S. regulator has taken a step toward allowing digital assets like cryptocurrencies to be considered during the mortgage application process.
William Pulte, Director of the Federal Housing Finance Administration (FHFA), announced in a social media post that he has instructed government-sponsored mortgage giants Fannie Mae and Freddie Mac to start working on proposals that would let lenders consider a borrower’s crypto holdings when evaluating mortgage applications.
This new move could open the door for more Americans, especially those invested in digital currencies, to qualify for home loans.
Traditionally, mortgage lenders look at cash, bank accounts, and other physical assets when assessing whether someone is financially able to repay a loan. Now, with this direction, cryptocurrencies could also count as part of a borrower’s financial strength.
Pulte described the move as historic for both the cryptocurrency and mortgage industries. He said the order marks the beginning of a new chapter where digital assets may play a recognized role in homeownership decisions. Although Fannie Mae and Freddie Mac don’t directly lend money to homebuyers, they set standards for the kinds of loans they’re willing to back. Those standards significantly influence how private lenders operate.
In an official document shared on X (formerly Twitter), Pulte directed the two agencies to come up with clear guidelines on how cryptocurrency should be assessed in mortgage decisions.
These rules are expected to help lenders understand when and how to include crypto assets in their calculations of a borrower’s overall wealth.
If the proposed rules are put in place, crypto holders may find it easier to qualify for a mortgage, since their digital assets would count toward their ability to make monthly payments.
This could particularly benefit people who have significant investments in crypto but may lack large amounts of traditional cash savings.
However, the order does not yet provide full details. It does not name specific cryptocurrencies that will be accepted.
What it does make clear is that any digital assets counted must be stored on centralized crypto exchanges based in the U.S. and fully regulated under American financial laws. This requirement is likely intended to ensure transparency and reduce risks related to fraud or unverified assets.
The document also acknowledges the unpredictable nature of the crypto market. It encourages Fannie Mae and Freddie Mac to take into account risks like price volatility when developing their proposals.
This means that while crypto may be counted as an asset, it won’t necessarily carry the same weight as more stable financial holdings.
Pulte linked this move to former President Donald Trump’s broader goal of turning the United States into a global leader in the crypto industry. According to Pulte, supporting crypto-friendly policies in major sectors like housing is part of realizing that vision.
As of now, the FHFA has only ordered Fannie Mae and Freddie Mac to create proposals. There is no final decision on when or how crypto will officially be included in mortgage reviews.
But this early step suggests that digital currencies are gradually gaining more recognition in traditional financial systems.
If implemented fully, this policy could transform how homebuyers use and present their wealth—and potentially reshape the future of mortgage lending in the U.S.
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