Coinbase works with Better Mortgage to expand bitcoin and USDC mortgages Paragraph

Coinbase announced an expansion of Bitcoin and USDC mortgages in partnership with Better Mortgage for 120 million home buyers in the United States. The product allows the purchaser to mortgage its encrypted assets to obtain a housing loan without the liquidation of Bitcoin or USDC and without triggering a capital gains tax. The loan, which is supported by LIAMI, provides a standard mortgage and a down payment loan supported by the client's encrypted assets, with a mortgage of 250 per cent of the value of the Bitcoin loan and 125 per cent of the USDC. The scheme is designed for certified Coinbase One members and allows for rapid funding and up to 1 per cent loaner kickbacks (up to $10,000)。