Big News: Cryptocurrency May Soon Be Considered in Mortgage Applications!

In a groundbreaking move, the U.S. Federal Housing Finance Agency (FHFA) has issued a new directive that could reshape the mortgage industry: cryptocurrency may now be considered as an asset when assessing risk for single-family loans delivered to Fannie Mae and Freddie Mac.

What Does This Mean?

For the first time, crypto holdings might count when applying for a mortgage—without needing to convert them into U.S. dollars.

Until now, borrowers had to sell off their crypto assets and turn them into dollars before they could be considered in the mortgage loan process. That’s changing.

What’s in the FHFA Order?

The FHFA’s order (Decision No. 2025-360) does the following:

• Directs Fannie Mae and Freddie Mac to develop proposals that include cryptocurrency as a valid asset in their single-family mortgage risk assessments.

• Allows crypto to be considered without converting it to U.S. dollars. Requires that only crypto assets held on U.S.-regulated, centralized exchanges be considered.

• Directs each Enterprise to factor in market volatility and risks specific to crypto.

• All changes must go through Board approval before being submitted to the FHFA for final review.

Why Is This a Big Deal?

Cryptocurrency is a growing asset class, and many younger or tech-savvy buyers have built significant wealth in crypto instead of traditional investments. This directive is a major step toward modernizing the mortgage process and acknowledging the way people are building wealth today.

Important Notes

• This order is effective immediately but will require time for Fannie Mae and Freddie Mac to prepare proposals and get approval.

• It does not mean crypto is automatically accepted in mortgage underwriting—yet. It starts the process of making that a reality.

What Should Homebuyers Know?

• If you hold crypto: Keep your assets on centralized, U.S.-regulated exchanges, and make sure everything is clearly documented. This improves your chances of your holdings being considered in future mortgage applications.

• For future planning: This directive is a signal that the mortgage industry is evolving. If you’ve invested in crypto, you may soon have new leverage when it comes to qualifying for a home loan.

• Stay informed: This could open the door to homeownership for many who haven’t fit the traditional financial mold. If that’s you, let’s talk strategy.

Final Thoughts:

This directive is a signal that the housing finance system is evolving. As cryptocurrency continues to play a role in modern financial portfolios, it’s exciting to see regulators begin to adapt. We’ll keep a close eye on how this plays out over the next few months.

Have questions about how your assets impact your home buying power? Let’s chat. I stay on top of these changes so you don’t have to.