The Federal Housing Finance Agency (FHFA) is assessing the consideration of crypto assets in mortgage eligibility. As shown in the press release, it can reshape the future of home financing. The announcement, according to FHFA Director Bill Pulte, means that digital assets and finance are getting more mainstream.
A New Chapter in U.S. Housing Finance
The FHFA supervises, regulates, and controls Fannie Mae, Freddie Mac, and the Federal Home Loan Banks—all of which are national housing finance entities. Recognizing assets like Bitcoin, stablecoins, and other digital holdings in mortgage applications would mark a major policy shift.
In the past, mortgage qualification centered on three main aspects: credit, capacity, and collateral. Although assets like cash, stocks, and retirement accounts are usually included in evaluating capacity, crypto has often been excluded due to volatility and lack of standardized regulation.
But that may soon change.
Why This Matters for Borrowers
If crypto holdings become officially recognized in the asset evaluation process, millions of Americans who built wealth in digital assets may finally qualify for home loans without having to convert them to fiat currency. Today, many lenders require crypto to be transferred into a bank account and “seasoned” there before it can be considered—often a slow and inconvenient process.
A government review could eliminate a major banking roadblock by giving crypto-savvy applicants more flexibility and updating what’s considered financially sound.
Leadership Driving the Shift
FHFA Director Bill Pulte, known for supporting cryptocurrency, took office in March 2025. A longtime investor in Bitcoin and Solana, Pulte also heads Pulte Capital Partners and is the grandson of William Pulte, founder of Pulte Homes, one of the largest U.S. homebuilders.
Crypto: The Fourth C in Lending?
Paul Merski is the executive vice president of congressional relations for the Independent Community Bankers of America (ICBA). If implemented, this change could place crypto on par with traditional liquid assets, helping the system modernize and keep pace with today’s digital economy.
According to Caitlin Long, CEO of Custodia Bank, these kinds of developments signal a larger trend toward government acceptance of digital assets.
The Bigger Picture
The FHFA study could become the first official step toward integrating crypto into U.S. housing finance standards. It also reflects the broader acceptance of digital assets by institutions and regulators nationwide.
Whether or not immediate policy changes occur, one thing is certain: cryptocurrency is no longer on the sidelines of America’s financial planning and lending.
