📈 Rate has introduced a mortgage program that considers the borrower's cryptocurrency as qualified reserves or a source of income.
More than 10% of Americans own digital assets. However, most traditional mortgage programs do not recognize cryptocurrency as collateral, and owners are reluctant to sell it due to potential tax implications.
✅ According to the program, crypto assets must be stored with approved custodians or on CEX. Borrowers are required to provide proof of ownership through monthly statements. $AVAX $XRP $ONDO
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‼️ Cryptocurrency enters mortgage programs
📈 Rate has introduced a mortgage program that considers the borrower's cryptocurrency as qualified reserves or a source of income.
More than 10% of Americans own digital assets. However, most traditional mortgage programs do not recognize cryptocurrency as collateral, and owners are reluctant to sell it due to potential tax implications.
✅ According to the program, crypto assets must be stored with approved custodians or on CEX. Borrowers are required to provide proof of ownership through monthly statements.
$AVAX $XRP $ONDO