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

Newrez, a leading U.S. mortgage lender, has become the first major lender among the top 25 to recognize digital assets for mortgage qualification. The company will begin accepting eligible cryptocurrency holdings in February 2026, removing the need for borrowers to sell their crypto to qualify for a loan. This change targets a growing demographic of crypto-savvy investors, particularly younger generations, who want more flexibility in the mortgage process.

The new policy allows borrowers to use their crypto assets for income and asset verification without requiring them to liquidate their holdings. This marks a significant shift in how traditional financial institutions are integrating digital assets into mainstream finance. By recognizing digital assets, Newrez is aligning with the increasing number of investors who include crypto in their portfolios.

This initiative is part of Newrez's Smart Series product suite, which includes non-agency mortgage products. The company's move is seen as a step toward bridging the gap between traditional financial systems and decentralized finance (DeFi). It is expected to encourage other lenders to consider similar policies to remain competitive.

Why the Move Happened

Newrez President Baron Silverstein cited growing consumer interest in crypto and increased regulatory clarity as key factors behind the decision. He emphasized that the company believes it is the right time to integrate eligible crypto assets into modern mortgage lending.

Leslie Gillin, Newrez's Chief Commercial Officer, noted that around 45% of Gen Z and Millennial investors currently own crypto. With the global crypto market surpassing $3 trillion, Newrez aims to meet consumers where they are.

How Markets Responded

The market has generally responded positively to the news. The move has been praised for opening new pathways to homeownership and empowering consumers to maintain control over their investments. Analysts at Capco noted that the mortgage industry must start treating digital assets as a real asset class.

JPMorgan Chase, among others, has also been experimenting with crypto-backed loans. These developments suggest that major financial institutions are beginning to take crypto seriously, which could lead to broader adoption in the financial sector.

What Analysts Are Watching

Analysts are closely monitoring how the integration of crypto into the mortgage process will affect lending standards and risk management. New policies need to include clear valuation methods and risk assessments to ensure stability in the housing market.

Some experts also expect regulatory changes that could further standardize the use of digital assets in lending. As more lenders explore similar policies, the role of crypto in traditional finance is likely to evolve further.

The impact of this change will depend on how well the market accepts it and whether other lenders follow suit. The success of Newrez's initiative could set a precedent for the broader adoption of crypto in mortgage lending.