Can I Buy a Home With Cryptocurrency?

In the grand scheme of currency, crypto is very new to the scene. It hasn’t been around long enough to have really developed a track record, so it’s uncertain and unregulated. So, the question is – Can you buy a home with crypto? 

The short answer is – Yes, but…   there’s always a but.

Let’s break it down.

If you plan on using crypto for your home purchase, you’ll need to keep in mind these 3 things:

#1  You’ll need to be transparent with your Loan Officer from the very beginning. “Hey, I’m planning on using cryptocurrency to buy my home. Will this be possible?”

#2  You’ll need to make sure that crypto is acceptable for the particular loan program you’re using. As of the time of this post, you can use crypto for some but not others.

#3  And you’ll need to provide all of the proper documentation to show where the crypto-invested funds came from. So be sure to track everything… like, everything.

If crypto isn’t going to work for your particular situation, don’t fret. You still have options. You can cash out the funds, put them into a bank account, and let them season – or sit there – for 60 days. Funds that you use to buy a house need to be seasoned for 60 days, so when you deposit money into your bank account and it sits there… for 60 days… it’s considered your money. You don’t have to provide extra documentation to show where that money came from. It’s just your money in your account.

Again, remember, if you want to use crypto for your home purchase, talk to your lender and let them know your plan upfront. If you have any questions, visit to find a Homespire Loan Officer near you.