Crypto mortgage explained: You may have started with a small crypto investment a few years ago, and now that growth has turned into a meaningful nest egg. Naturally, using those gains to buy a home feels like the next step. But the process isn’t as simple as it sounds, and there are a few realities that don’t always get talked about upfront.

Turning crypto gains into a home purchase

There is growing momentum to bring cryptocurrency into the traditional housing system. In late June last year, Federal Housing Finance Agency Director William J. Pulte directed Fannie Mae and Freddie Mac to prepare for a shift where crypto could be counted as an asset when applying for a mortgage, as per a Yahoo Finance report. The idea is to give crypto…