Borrowers can now use $250k in Bitcoin for a house down payment without margin calls, but one trap remains
Better Mortgage and Coinbase introduced on Aug. 26 that Better’s token-backed conforming mortgage had reached common availability. Better’s product web page says debtors can begin an software. The construction doesn’t use Bitcoin to safe the first mortgage. Instead, a homebuyer takes two loans from Better: a customary first mortgage on the house designed to evolve…
