Major Lender Newrez to Accept Bitcoin, Ethereum, and Stablecoins for Mortgage Qualification

Source: CryptoNewsNet Original Title: Major lender Newrez to accept Bitcoin, Ethereum, and stablecoins for mortgage qualification Original Link:

Overview

Newrez, a major US non-bank lender, will allow borrowers to include certain crypto holdings when applying for a mortgage starting in February. This move makes Newrez the first major lender among the country’s top 25 to formally recognize crypto in mortgage origination.

Eligible Assets and Process

Eligible assets include Bitcoin, Ethereum, SEC-approved spot ETFs backed by BTC or ETH, and USD-backed stablecoins.

Homebuyers will be able to use these assets for income and asset verification without the need to sell them, marking a departure from traditional approaches.

To qualify, crypto holdings must be held with US-regulated exchanges, brokerages, or banks, and a volatility-adjusted valuation will apply. All mortgage payments and closing funds are required in USD.

Strategic Rationale

Baron Silverstein, President of Newrez, explained that rising crypto ownership and institutional involvement make this the right moment for the lender to bring crypto into mortgage lending. This approach allows consumers to “preserve investments while accessing innovative financing solutions.”

Leslie Gillin, Newrez Chief Commercial Officer, added: “At Newrez, we’re committed to meeting consumers where they are. Today, the global crypto market has surged past $3 trillion, and an estimated 45% of Gen Z and Millennial investors—many of whom are future homebuyers—own crypto. Our mission at Newrez is to do everything possible to make home happen, and this innovation marks yet another step in creating new pathways to homeownership, giving consumers flexibility and control.”

Market Context

Financial institutions are increasingly adapting to the growing role of digital assets in personal and institutional portfolios. Newrez is positioning its mortgage products around the financial behavior of the next generation of wealth holders.