What is RateFi?
RateFi is a new mortgage product that will accept select cryptocurrencies and stablecoins in mortgage qualification, giving crypto investors new access to traditional home mortgage lending that historically has not been available.
RateFi, the Fi stands for Financial Innovation, Financial Intelligence, and Financial Independence
Use Your Crypto - Without Selling It
RateFi is built for HODL'ers
RateFi Crypto Mortgage – FAQ’s
Yes. With RateFi, eligible cryptocurrency holdings may be used as part of your qualifying assets or reserves, subject to program guidelines.
No. Your assets are your own. RateFi will not take custody of your assets.
No, RateFi will accept your Cryptocurrency without requiring liquidation.
RateFi currently supports select, widely recognized cryptocurrency and USD-back stablecoins at this time.
Your owned Cryptocurrency and stablecoins held in approved custodial wallets will be acceptable for qualification. Assets held in non-custodial wallets and decentralized exchanges are not permitted at this time.
As with most investments that are subject to market fluctuations, valuation adjustments will apply depending on the asset type.
Downpayment and closing costs will need to be paid in US currency.
Yes! One of the best features of RateFi is being able to use your cryptocurrency in addition to traditional income to qualify for a mortgage loan.
Yes! Approved cryptocurrency can be used for reserves subject to the same valuation standards that apply for qualification.
No, RateFi is available for Purchase, Rate and Term Refinance and Cash-out for Primary Residence, Second Homes and Investment Properties.
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Additional information
- RateFi is a cryptocurrency mortgage product that will allow borrowers to utilize their digital assets into mortgage qualification
No need to liquidate your crypto and incur capital gains and give up future earnings
- Flexibility to use your cryptocurrency in addition to other income to help you qualify
- Borrowers will be able to use select cryptocurrencies and stablecoins as income without requiring liquidation
- Cryptocurrency and stablecoins held in approved custodial wallets will be acceptable for qualification.
- Noncustodial and decentralized exchanges are not permitted
- This brings cryptocurrency and stablecoins to the table alongside traditional investment and retirement accounts.
- Cryptocurrency will qualify with a volatility adjusted market value
- Downpayment and Closing Costs will need to be paid in US currency
Ratefi allows certain cryptocurrency (e.g., Stablecoin, Bitcoin, etc.) to be considered when qualifying for a mortgage. Not all digital assets are eligible, and not all borrowers will qualify. Eligibility depends on factors including credit score, income, debt-to-income ratio, property type, loan amount, and required reserves.
Only digital assets held with approved custodial wallets or centralized exchanges may be used. Assets held in personal wallets or decentralized platforms are not eligible. All digital assets are subject to specific valuation limits, documentation requirements, and verification standards. Cryptocurrencies can be volatile and their value may change significantly. Future changes in market value, regulation, or liquidity could affect eligibility both before and after loan closing.
If digital assets are used for closing costs or other cash requirements such as down payment, they must be converted to U.S. dollars and properly documented before the loan can fund. Borrowers should consider consulting with their own financial, legal, or tax advisors to understand the risks and implications of using digital assets in connection with a mortgage. This program may not be available in all states and may be modified or discontinued without notice. Restrictions apply. Contact Rate or your loan officer for more information.