Coinbase and Nasdaq-listed Better Mortgage have announced the availability of Bitcoin-backed mortgages for Americans. 

The crypto exchange and lender said Wednesday that the service was designed in accordance with the Federal National Mortgage Association, or Fannie Mae. 

Coinbase and Better announced the funding of the first Bitcoin-backed mortgage in June. The service now hopes to cater to younger wannabe homeowners who have Bitcoin holdings. 

Crypto-backed mortgages have moved in.

Borrowers in the US can now use Bitcoin as collateral for a down payment – without having to sell it or face margin calls.

Plus, Coinbase One members can get up to $10,000 back at closing….

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