The Federal Housing Finance Agency (FHFA) is considering the inclusion of digital assets, such as Bitcoin and stablecoins, in the mortgage qualification process. This move may expand opportunities for borrowers with crypto portfolios while signaling a new direction in U.S. housing finance.
FHFA Studies Inclusion of Crypto in Lending Models
FHFA confirmed that it is studying how cryptocurrency could be integrated into the existing mortgage qualification process. If the initiative is implemented, digital assets could supplement credit, capacity, and collateral. Borrowers could present verified crypto assets as proof of financial strength without needing to convert to fiat.
Pulte's Leadership Supports Crypto Position
The shift occurs under the leadership of new FHFA Director Bill Pulte, who took office in March 2025. Pulte, a long-time advocate for digital assets, has investments in Bitcoin and Solana and has expressed willingness to adopt new technologies in housing policy. His appointment signals support for crypto innovations across other federal agencies.
Broader Federal Support Indicates Change
The FHFA's review aligns with other regulatory steps favoring the inclusion of digital assets across government functions. At the White House Digital Assets Summit, discussions focused on creating a strategic Bitcoin reserve and expanding blockchain utilization. Recent appointments and a deregulatory stance under the Trump administration have created an environment for crypto asset experimentation.
The successful integration of cryptocurrencies into mortgage processes could make credit access more flexible and broaden opportunities for many borrowers. However, the timeline for adoption remains uncertain and depends on inter-agency collaboration and risk assessments.
