I am looking for a mortgage lender that accepts cryptocurrency for down payments and does not view it as "unseasoned funds".

If your goal is “use crypto for the down payment without a lender treating it as an unexplained/unseasoned deposit,” you’ll want to focus on lenders that either:

1. Accept a documented crypto liquidation path, or
2. Offer crypto-backed mortgage products where you pledge crypto instead of selling it.

Traditional conforming lenders generally require crypto to be converted to U.S. dollars and then documented in a regulated financial account before closing. Fannie Mae Selling Guide The issue is usually not the age of the crypto itself; it is whether the lender can verify ownership, the conversion, and the movement of funds.

Here are some lenders/programs worth investigating:

Better Mortgage — crypto-backed down payment program

• Better offers a structure where you pledge Bitcoin as collateral instead of selling it for a cash down payment.
• The program uses a separate down-payment loan secured by the crypto plus a traditional mortgage.
• This avoids the classic “I sold $100k of BTC yesterday and deposited it” underwriting problem because the crypto is not simply appearing as a new bank deposit.
• At launch, Bitcoin was the primary crypto accepted for collateral.

Milo — crypto mortgage / crypto-friendly underwriting

• Milo specializes in crypto-focused mortgages.
• It offers options where Bitcoin and Ethereum can be used as collateral or considered as assets, depending on the product.
• Milo states it does not require a seasoning period for crypto funds when they meet its documentation requirements.

RealOpen — documented crypto source-of-funds approach

• RealOpen works with crypto holders to document holdings and create a lender-acceptable source-of-funds trail.
• Their approach emphasizes: - proving wallet ownership,
• documenting conversion,
• tracing funds directly to closing.
• This is aimed at avoiding the “wait 60–90 days after cashing out” problem when the paper trail is complete.

Newrez — crypto-friendly non-QM options

• Newrez has announced crypto asset recognition in certain non-QM loan programs.
• Non-QM loans can sometimes be more flexible than conventional/Fannie Mae underwriting for borrowers with substantial alternative assets.

Questions to ask any lender before applying

Ask these exact questions:

• “Do you accept cryptocurrency-derived funds for the down payment?”
• “Do you require a 60- or 90-day seasoning period after crypto liquidation?”
• “Will you accept blockchain transaction history and exchange statements as proof of source?”
• “Do you require the crypto to come from a centralized exchange?”
• “Can crypto remain invested until closing, or must it be liquidated early?”
• “Is this under a conventional, jumbo, or non-QM program?”

Documents you should be prepared to provide

Most crypto-friendly underwriters will want:

• Exchange statements (Coinbase, Kraken, Gemini, etc.)
• Wallet ownership proof
• Blockchain transaction history
• Purchase history/tax records if available
• Conversion records showing crypto → USD
• Bank statements showing the final funds path

A key detail: if you are trying to avoid seasoning, do not sell crypto months before you choose a lender and move the money around through multiple accounts. A clean “wallet → exchange conversion → bank/escrow” trail is much easier to underwrite.

If you tell me:

1. your state,
2. approximate purchase price,
3. whether the crypto is BTC/ETH/other, and
4. whether you want to sell crypto or keep it as collateral,

I can narrow this to lenders that are most likely to fit.

When using cryptocurrency for a home purchase, traditional lenders typically enforce strict "seasoning" requirements—usually requiring you to liquidate your crypto into fiat and hold it in a bank account for 60 days so it can be fully tracked and verified.

However, specialized crypto-backed mortgage products bypass the traditional "unseasoned funds" issue entirely because you don't actually sell or liquidate your crypto . Instead, you pledge your digital assets as collateral.

1. Better Mortgage (via Coinbase Partnership)

• How it works: Better Mortgage offers a product backed by Fannie Mae guidelines. Rather than liquidating your Bitcoin and dealing with seasoning rules, you pledge your Bitcoin (held via a custodial account linked with Coinbase ) as collateral for a secondary down payment loan. This secondary loan funds the down payment for your primary conventional home loan.
• The "Seasoning" Angle: Because the crypto isn't sold as unseasoned cash entering your bank account, but rather pledged and locked as collateral in an institutional custody arrangement, traditional cash-seasoning seasoning seasoning rules do not apply the same way.
• Key Considerations: You take on a primary mortgage alongside a pledged asset loan, meaning your crypto remains untouched (and subject to market movements) while sitting in custody.

2. Milo Credit

• How it works: Milo specializes in crypto mortgages and crypto-100% financing options. They allow you to use your digital assets (like Bitcoin) to qualify and secure a property without selling your crypto or needing to season fiat cash. They offer crypto-collateralized loans specifically built to act as down payments or cash-style offers.
• The "Seasoning" Angle: Milo evaluates your crypto portfolio directly as wealth/collateral, bypassing the traditional underwriting hurdle of tracing unseasoned fiat deposits through traditional banking history.
• Key Considerations: These are specialized portfolio loans rather than standard Fannie Mae/Freddie Mac conforming paper, which can come with different structuring or interest rate requirements than a conventional retail bank.

If you'd like to narrow this down, let me know:

• Which specific cryptocurrency (e.g., Bitcoin, USDC) you plan to use
• Whether you are looking for a primary mortgage or a crypto-collateralized line of credit

Finding a mortgage lender that bypasses traditional "seasoning" requirements (typically 60 to 90 days of sitting cleanly in a fiat bank account) by directly accepting or leveraging cryptocurrency is much easier now due to recent shifts in the mortgage industry.

Instead of liquidating your crypto and waiting months to prove the funds aren't "unseasoned"—or triggering a massive taxable event—specialized programs let you pledge your crypto directly to fund the purchase.

Top Options for Crypto-Backed Down Payments

• Better Mortgage & Coinbase Partnership:
  Better and Coinbase offer a crypto-backed mortgage product that complies with Fannie Mae guidelines. Instead of a traditional cash down payment, you pledge your cryptocurrency (such as Bitcoin) held in a Coinbase account as collateral for a secondary pledge loan . This secondary loan funds the cash down payment for your primary, conforming Fannie Mae home mortgage. Because the crypto is locked and managed via their integrated infrastructure rather than appearing as a sudden, unexplained fiat deposit, it bypasses traditional seasoning traps. You can review the structure directly on Better Mortgage's Crypto-Backed Mortgages.
• Milo (Milo Credit):
  Milo specializes in crypto-committed real estate financing. Rather than forcing you to sell your digital assets or wait out a seasoning timeline, Milo allows you to pledge your Bitcoin or Ethereum to finance up to 100% of the property value or handle down payment configurations. The assets are held with trusted institutional custodians like Coinbase or BitGo. You can check out their specific qualification criteria at Milo's Crypto Mortgage.

How to Navigate Traditional Underwriting If You Do Use Cash

If you decide to liquidate a portion of your crypto to use as standard cash rather than a pledge program, underwriters will still enforce seasoning rules unless you provide an unbroken, immaculate paper trail. To avoid the "unseasoned funds" roadblock:

• Keep documentation of the original crypto exchange account.
• Show the clear trade/sale transaction receipts.
• Trace the direct wire transfer straight from the exchange or your crypto-holding account into the escrow or closing account without bouncing it through multiple unverified personal accounts.

To help narrow down the best path forward, tell me:

• Which cryptocurrency are you holding (e.g., Bitcoin, USDC, Ethereum)?
• Roughly what percentage of the purchase price are you looking to cover with your crypto assets?

Yes. I found several lenders/programs that are specifically designed to avoid the normal “crypto was liquidated and just deposited into my bank account, so now we need to establish seasoning” problem.

Best matches

1. Milo — strongest match for your requirement

Milo explicitly says it does not require a seasoning period for crypto funds. It says both long-held and newly purchased crypto can be used, provided the assets can be transferred to its approved custodian before closing.

Its crypto mortgage can provide up to 100% financing using Bitcoin or Ethereum as collateral, meaning you don't necessarily have to liquidate crypto for a traditional cash down payment. It also offers a self-custody mortgage where your crypto remains in your own wallet and is used to strengthen qualification while you provide a fiat down payment.

2. RealOpen — particularly interesting if you want to liquidate crypto for the down payment

RealOpen says its lender-approved process allows crypto to be the actual source of the down payment, with RealOpen converting the crypto to fiat and wiring the proceeds to escrow. Most importantly for your question, it specifically advertises “No 90-day seasoning detour.”

It supports BTC, ETH, SOL, XRP, stablecoins and other supported assets, including assets held in cold storage or wallets you control.

3. Better Mortgage + Coinbase — excellent if you don't want to sell the crypto

Better now has a live token-backed mortgage in which you pledge Bitcoin rather than sell it. The pledged BTC supports a separate loan that provides the cash down payment, alongside a conventional Fannie Mae mortgage.

For example, Better's published example has a $500,000 purchase where $250,000 of Bitcoin is pledged to support a $100,000 down-payment loan. The crypto remains in custody rather than being liquidated.

This essentially sidesteps the seasoning issue because the crypto isn't being converted to cash and deposited into your bank account. Better does warn that if you do liquidate crypto instead, the resulting funds can be subject to verification/documentation/seasoning requirements.

One I'd investigate carefully: Newrez

Newrez is also worth calling. It says it accepts eligible cryptocurrency as proof of funds and has expanded crypto treatment across several non-QM programs.

However, I would not assume Newrez will waive seasoning on crypto that you've recently liquidated. Its program is more about recognizing crypto assets within underwriting than providing the specific “no seasoning” treatment that Milo and RealOpen advertise.

My ranking for your specific situation

One important distinction: “accepts cryptocurrency” and “accepts recently acquired cryptocurrency without seasoning” are very different things. Conventional/Fannie Mae underwriting can impose documentation requirements even when a lender says it accepts crypto assets. The safest route is a program whose underwriting policy expressly addresses newly acquired crypto or avoids liquidation altogether.

If you tell me (1) your state (if Illinois, I can narrow it down), (2) approximate home price, (3) amount of crypto you want to use, (4) BTC/ETH/other, and (5) whether the crypto was recently purchased, I can search specifically for lenders that will take your exact situation without a 60/90-day seasoning requirement.

If you want to use cryptocurrency for a home purchase without selling it or worrying about the standard 60-day "seasoning" requirement for liquid cash , the financial landscape has shifted to accommodate this.

Instead of treating your digital assets as cash that needs to sit in a bank account, newer crypto-backed (or token-backed) mortgage structures allow you to pledge your crypto as collateral to fund the down payment. Because you aren't liquidating the asset into a traditional bank account, the traditional unseasoned funds rule doesn't apply the same way—the crypto is locked as collateral instead.

Leading Option: Better Mortgage & Coinbase

• The Product: A conforming, Fannie Mae-backed mortgage paired with a secondary token-backed loan.
• How it Works: Rather than selling your Bitcoin or USD Coin (USDC) and triggering a taxable event, you transfer/pledge your digital assets from your Coinbase account into a custodial account managed by Better Mortgage.
• Down Payment Credit: They typically offer a 40% credit value on the pledged crypto (a $2.50 to $1.00 collateralization ratio) to fund your cash down payment.
• The "Unseasoned" Advantage: Because the asset is verified and locked directly via institutional crypto custody rather than appearing as a sudden, unexplained cash deposit in your checking account, it bypasses traditional seasoning scrutiny. There are no margin calls if the crypto dips, as long as you make your monthly mortgage payments. You can check availability and details directly through Better Mortgage.

Alternative Specialized Options

• Milo Credit: Known for offering crypto mortgages that allow you to use Bitcoin or other digital assets to finance 100% of a property purchase without liquidating, though these are typically portfolio or specialized loans rather than standard Fannie Mae conforming products.
• RealOpen: Works with specialized lender networks to let your crypto portfolio count as asset reserves or facilitate direct crypto-to-fiat conversion right at closing for the exact deal amount, minimizing traditional seasoning roadblocks for the rest of your holdings.

To help narrow down the best path, could you share:

• Which cryptocurrency you are planning to use (e.g., Bitcoin, USDC, Ethereum)?
• Roughly what percentage of the down payment this crypto needs to cover?

Yes. There are lenders/programs in 2026 that can work with cryptocurrency without treating a recent liquidation as automatically “unseasoned funds.” The key distinction is whether you want to sell the crypto and use the cash, or pledge the crypto itself to support the down payment.

Best matches I found

1. Milo — strongest match if avoiding seasoning is your priority

Milo explicitly says it does not require a seasoning period for crypto funds. It offers a crypto mortgage where Bitcoin or Ethereum can be pledged as collateral, potentially allowing up to 100% financing with no traditional cash down payment. It also offers a self-custody option where crypto can strengthen your application while you provide a fiat down payment.

2. Better Mortgage — potentially excellent if you have BTC or USDC

Better Mortgage and Coinbase launched a token-backed conforming mortgage in 2026. Instead of selling your crypto, you pledge Bitcoin or USDC as collateral for a separate loan that supplies the cash down payment on the conforming mortgage. Better says this avoids having to liquidate the crypto.

This is particularly interesting because it sidesteps the traditional “I sold $150,000 of Bitcoin last week and now the underwriter wants 60 days of seasoning” problem.

3. Florida Capital Bank — crypto accepted for jumbo loans

Florida Capital Bank has published guidelines specifically allowing cryptocurrency for down payment, reserves and closing costs on its Elite/Elite Express jumbo products, provided it is liquidated and documented. Their requirements include exchange statements, proof of account ownership, deposit into a U.S. financial institution, and documentation of the original source of the crypto purchase funds.

The important distinction

For a conventional Fannie Mae loan, crypto isn't necessarily prohibited. Fannie Mae says cryptocurrency converted to USD can be used for down payment, closing costs and reserves, provided the conversion and U.S. financial-institution deposit are documented. It specifically permits a large deposit originating from the crypto liquidation when the source can be documented.

So a lender saying “crypto is unseasoned” isn't necessarily following a universal rule. It may be applying its own overlay.

There are also newer Non-QM programs that are considerably more crypto-friendly. For example, a 2026 FundLoans program says cryptocurrency is an eligible source for down payment and closing costs, although its guidelines still require seasoning of the crypto itself under the applicable rules.

What I'd recommend for your situation

If your objective is specifically:

“I have crypto, I don't want to wait 60 days after converting it to dollars, and I want the lender to accept it without calling the money unseasoned.”

I'd investigate Milo and Better first, rather than starting with a conventional mortgage broker who simply says they "accept crypto."

If you tell me (1) approximate home price, (2) amount/value of crypto, (3) BTC/ETH/USDC/other, (4) whether the crypto is already on Coinbase or another exchange, (5) your desired down payment %, and (6) whether this is a primary residence in Florida, I can dig into the actual lender programs available to you and identify lenders/brokers that specifically do not impose a 60-day seasoning requirement.

Yes. There are a few lenders/products in 2026 that are specifically designed to avoid the traditional “sell crypto → deposit cash → wait 60–90 days for seasoning” problem.

Best matches

1. Milo — probably the clearest fit for your requirement

Milo explicitly says it does not require a seasoning period for crypto funds. It says both long-held and newly purchased crypto can be used, provided the assets can be transferred to its approved custodian before closing.

Its crypto mortgage can provide up to 100% financing, meaning you potentially don't need a conventional cash down payment at all. You pledge BTC or ETH as collateral instead. Milo says its standard crypto mortgage starts at $275,000 and can go up to 100% LTV.

The important distinction is that this isn't a conventional mortgage where the lender merely tolerates crypto-derived cash. The crypto itself is part of the collateral structure, which is why the normal cash-fund seasoning issue is largely avoided.

2. Better Mortgage + Coinbase — very interesting if you want a conventional/Fannie Mae mortgage

Better has introduced a token-backed mortgage where Bitcoin or USDC can be pledged to fund the down payment without selling the crypto. The structure consists of a conventional conforming/Fannie Mae mortgage plus a separate loan secured by the pledged crypto and a second lien on the home.

Better and Coinbase announced that the first such Fannie Mae-backed mortgage had actually closed, including a first-home purchase in Ann Arbor, Michigan.

One caveat: Better's public page I found still says “Get early access” and that general availability details would be announced, so I'd verify availability for your particular transaction before relying on it.

3. RealOpen — worth considering if your primary issue is an unseasoned crypto liquidation

RealOpen isn't itself the mortgage lender, but it works with lender-approved transactions. It says you can fund a down payment beginning with Bitcoin, with RealOpen converting the crypto to fiat and wiring the proceeds to escrow. It also says its RealScore documentation provides the lender with the crypto holdings and transaction history needed to establish the source of funds.

This could be particularly useful if you're trying to get a traditional mortgage while avoiding the “you sold your Bitcoin, now wait 60–90 days” response.

One I'd not put at the top of your list

Rate / RateFi sounds ideal at first because it allows crypto to be used in mortgage qualification without liquidation. However, Rate explicitly says that down payments and closing costs must be paid in U.S. currency.

So RateFi is excellent if you want your crypto to help you qualify, but it doesn't solve the specific problem of wanting to use crypto directly for the down payment without seasoning.

Why this is important

Fannie Mae's standard guideline says cryptocurrency converted to USD can be used for a down payment, closing costs, and reserves, but the lender has to document the conversion and verify the resulting USD funds.

That's why a normal mortgage lender may tell you:

“You can use your crypto, but once you sell it, the cash needs to season.”

The crypto-specific products above are structured differently, so you're not necessarily trying to make a conventional underwriter treat a brand-new bank deposit as ordinary seasoned savings.

My ranking for what you're asking

If you tell me your approximate home price, down payment amount, which crypto you have (BTC/ETH/USDC/etc.), whether it's on an exchange or in a personal wallet, and whether you're buying in Michigan, I can narrow this down to the lenders/programs most likely to work and specifically look for ones that will accept newly converted crypto proceeds without a 60–90 day seasoning requirement.

The information for the question you asked has been looked up and is now ready to be viewed. Here's a response to the question:

Finding a lender that lets you bypass traditional "seasoning" rules (the typical 60-day waiting period after liquidating crypto into a bank account) is entirely possible through modern crypto-backed financing products.

Rather than liquidating your digital assets and waiting for cash to season, options now exist to pledge your crypto directly as collateral for a down payment or qualification.

The Primary Option: Conforming Crypto-Backed Mortgages

• Better Mortgage & Coinbase Partnership: This program allows eligible homebuyers to pledge Bitcoin (BTC) or USDC held in a Coinbase account to fund a down payment via a secondary pledged-asset loan alongside a conforming Fannie Mae-backed primary mortgage. Because the crypto is locked and custodied as collateral rather than treated as unverified cash deposits, it avoids traditional cash seasoning hurdles and prevents a taxable sale.
• Specialized Non-QM (Non-Qualified Mortgage) Lenders: Certain portfolio and specialist lenders (such as Newrez through specific asset-backed programs, or niche crypto lenders like Milo or RateFi ) evaluate crypto holdings directly as qualifying assets or collateral. They bypass standard Fannie/Freddie unseasoned cash deposit restrictions by structuring the loan around asset depletion or direct digital asset collateralization.

To help narrow down the best path forward, tell me:

• What specific cryptocurrency (BTC, USDC, ETH, etc.) do you plan to use?
• Are you looking to pledge the crypto as collateral without selling it, or do you prefer to use liquid cash from a recent conversion?
• What state is the property located in?

If your goal is a mortgage lender that will not treat your crypto-derived down payment as “unseasoned funds,” the key is finding a lender with a documented crypto policy or a crypto-backed mortgage product. Many traditional lenders will accept crypto only after liquidation into USD, and then require a paper trail showing the source of funds; some may still scrutinize recent deposits.

The strongest options I found:

1. Better Home & Finance + Coinbase crypto-backed mortgage

This is currently the clearest fit for your situation. The program is designed so you do not sell your Bitcoin or USDC for the down payment. Instead, eligible borrowers pledge crypto as collateral for a separate down-payment loan, alongside a conventional mortgage.

Why it may solve the “unseasoned funds” issue:

• The crypto is not a sudden bank deposit from an exchange sale.
• The lender structures it as collateral rather than unexplained cash.
• The mortgage underwriting is handled through a standard mortgage process.

Potential drawbacks:

• It appears focused on BTC and USDC rather than every token.
• You are taking on a second loan secured by your crypto.
• Your crypto may be held in custody during the loan term.

2. RealOpen

RealOpen markets a process where Bitcoin holders can use BTC reserves and convert crypto into funds for a real estate purchase while providing documentation for underwriting.

This may be worth exploring if:

• Your crypto is mostly BTC.
• You want a lender familiar with blockchain transaction histories.
• You have wallet-held assets rather than exchange-only assets.

3. A crypto-friendly mortgage broker (rather than a big bank)

Some mortgage brokers can place loans with lenders that are more comfortable with:

• Coinbase/Kraken/Gemini transaction histories
• wallet verification
• blockchain audit trails
• large crypto liquidations

When interviewing lenders, ask this exact question:

“Do you have a written policy allowing cryptocurrency proceeds for down payment funds, and will you require seasoning after conversion to USD? If yes, how many days?”

Also ask:

1. “Will you accept a blockchain transaction history as source-of-funds documentation?”
2. “Do you require the crypto to be held at a U.S.-regulated exchange?”
3. “Will a large ACH/wire from a crypto exchange trigger an underwriting issue?”
4. “Do you have closed loans where crypto was the source of down payment?”

For conventional/Fannie Mae loans, the baseline rule has historically been that crypto must be converted to USD and held in a regulated financial institution with documentation showing the source. guide-selling.fanniemae.com A lender with a crypto-specific program can avoid that traditional “sell → deposit → season” problem.

If you tell me:

• your state,
• approximate down payment amount,
• crypto type (BTC, ETH, USDC, other),
• whether it is on an exchange or a private wallet,
• and whether you want a conventional mortgage vs. crypto-backed loan,

I can narrow this down to lenders/brokers most likely to fit.

Finding a traditional mortgage lender that accepts raw cryptocurrency as a direct down payment without requiring it to be liquidated and "seasoned" (usually held as fiat in a traditional bank account for 60 days) is historically difficult due to strict Anti-Money Laundering (AML) and GSE/Fannie Mae underwriting guidelines.

However, specialized crypto-backed mortgage products bypass the traditional "seasoned funds" hurdle entirely. Instead of liquidating your crypto and waiting two months, these programs allow you to pledge your digital assets as collateral to fund the down payment without triggering a taxable sale.

Primary Lenders & Options

• Better Mortgage: Offers a token-backed mortgage product in partnership with Coinbase.
  • How it works: You pledge eligible digital assets (such as Bitcoin or USDC) which are transferred into a custodial account. You receive a standard Fannie Mae-conforming first-lien mortgage on the home and a separate second-lien loan backed by your crypto that funds the cash down payment.
  • The benefit: You don't have to sell your crypto, meaning no capital gains tax and you retain the long-term upside of the asset while avoiding traditional cash seasoning rules. A $2.50 in crypto pledge yields roughly a $1.00 down payment credit (40% LTV on the pledged assets).
• Milo: A specialized private portfolio lender that offers crypto mortgages.
  • How it works: Allows you to use Bitcoin or Ethereum to finance 100% of the property value or use your crypto as the primary qualifying financial instrument without converting it to fiat or worrying about seasoning limits.
  • The benefit: Operates outside standard conforming agency constraints, though rates and terms differ from conventional government-backed loans.

If you'd like to narrow this down, please let me know:

• What specific cryptocurrency (e.g., Bitcoin, USDC, Ethereum) are you looking to use?
• What estimated percentage of the home's purchase price are you planning for the down payment?