The minimum is 700+ for most non-QM programs. If you want the best available rate and the most lender options, target 780 or above. Crypto asset depletion loans are classified as non-QM (non-qualified mortgage) products and carry rate premiums compared to conventional Fannie Mae loans, so your credit score has a meaningful impact on final pricing.
Florida Crypto Mortgages for High-Net-Worth Investors
Buying luxury real estate in Florida shouldn't require selling the assets that created your wealth. LendFriend helps qualified crypto investors purchase homes without selling their Bitcoin and Ethereum investments.
Why Florida is a Top Destination for Crypto Investors
Florida has become a magnet for high-net-worth crypto holders seeking favorable tax treatment, luxury real estate opportunities, and a growing technology ecosystem. For investors whose wealth is concentrated in digital assets, the state's housing market creates a strong case for crypto-based mortgage financing.
- No state income tax, helping investors keep more of their investment gains.
- A thriving crypto and technology community concentrated in markets like Tampa and Fort Lauderdale.
- Strong demand for luxury real estate, particularly in waterfront and high-growth markets.
- Greater wealth preservation, allowing investors to purchase property without significantly reducing their crypto exposure.
- Attractive lifestyle and business climate that continues to draw entrepreneurs, founders, and digital asset investors.
How Crypto Can Help You Buy a Home in Florida
Not all crypto mortgage solutions work the same way. The right option depends on your financial profile, borrowing needs, and comfort level with risk.
Most Florida borrowers prefer the asset depletion approach because it allows them to qualify using their crypto wealth while keeping full control of their portfolio.
When a Crypto-Backed Mortgage Makes Sense in Florida
Most Florida crypto buyers gravitate toward crypto-backed mortgages because they can qualify without pledging their Bitcoin or Ethereum. Instead of converting your holdings into qualifying income, LendFriend helps secure the mortgage against a portion of your portfolio held with an approved custodian.
This structure is most commonly used by:
- Investors with substantial crypto wealth but limited reportable income.
- Buyers seeking larger loan amounts than asset depletion calculations support.
- Borrowers purchasing luxury or waterfront properties in markets like Naples, Palm Beach, and Fort Lauderdale.
- Long-term holders who want to avoid liquidating a significant portion of their portfolio.
Florida Crypto Mortgage Requirements
Crypto-backed mortgages are designed for high-net-worth crypto investors who meet the following criteria:
- Crypto holdings equal to roughly 2x the desired loan amount.
- Assets held at a qualifying digital asset custodian or depository institution, such as Coinbase, Gemini, or Unchained Capital.
- At least 120 days of seasoning in the account.
- 700+ credit score (780+ often secures better pricing).
- 20% or greater down payment available, funded through asset liquidation or a collateralized crypto loan.
- Holdings primarily in Bitcoin or Ethereum, no altcoins, NFTs, or meme coins.
How LendFriend Helps Close Crypto Mortgage in Florida
Florida's real estate market moves fast. Our process is built to keep pace with it. Most borrowers who have their documentation ready can be under contract and heading toward a close in under 30 days, under the right circumstances.
Initial Review
We evaluate your crypto holdings, credit profile, and homebuying goals.
Asset Verification
We verify ownership, seasoning, and balances using exchange statements.
Income Calculation
Your eligible crypto assets are converted into qualifying income.
Preapproval
Receive a preapproval letter based on your verified purchasing power.
Lender Matching
We connect you with lenders that support crypto-based qualification.
Close and Keep Your Crypto
Cover closing costs by selling only what’s needed or using a collateralized crypto loan.
Get a Crypto Mortgage Rate Quote
Popular Florida Markets for Crypto Homebuyers
Florida's combination of luxury real estate, favorable tax policies, and a growing crypto community has made it one of the most active states for crypto-backed home purchases. Some of the most popular markets include:
Boca Raton & Delray Beach
Upscale communities offering luxury homes, gated neighborhoods, and easy access to Palm Beach and Miami.
Miami & Fort Lauderdale
Popular among buyers seeking waterfront properties, boating lifestyles, and strong value relative to South Beach and Brickell.
Naples & Marco Island
Known for luxury estates, golf communities, and Gulf Coast waterfront properties.
Orlando & Windermere
Attractive to founders, remote professionals, and investors seeking larger homes and estate-style living.
Reviews from Happy Homebuyers & Crypto Investors
5/5 Star Reviews on Google, Zillow, and Experience.
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Outstanding Experience with LendFriend!I just closed on my home with LendFriend, and the whole process was fantastic. The team was professional, super responsive, and genuinely cared about making things easy for me. They explained every step clearly, answered every question, and turned what can be a stressful experience into something completely smooth.What truly stands out is how forward-thinking they are--they accept cryptocurrency holdings as proof of assets/income, which made qualifying a breeze for me in ways traditional lenders couldn't. Communication was excellent, they locked in a great rate, closed right on schedule with zero hidden fees, and the online portal was incredibly user-friendly.If you're looking for a modern mortgage lender that truly puts customers first and embraces crypto, go with LendFriend. I'll be recommending them to all my friends and family--thank you for helping make my dream home a reality!
Alex G
Closed November 2025 -
I had a phenomenal experience working with Eric, Morgan, and Crystal at LendFriend and cannot recommend them enough. They helped me secure an asset depletion mortgage (30 year fixed rate), allowing me to qualify using my Bitcoin and Ethereum holdings. This enabled me to purchase an amazing home for my family while keeping and maintaining control of my hard assets... I worked with Eric, Morgan, and Crystal throughout the process. Communication was excellent, everything was explained clearly, and the overall experience was smooth... [Read the whole review by clicking the link below]
J
Closed August 2025 -
LendFriend Team, I wanted to express my gratitude for your professionalism and guidance in securing the financing for our new home. The world of mortgages felt overwhelming and honestly in my current position I was almost about to give up, but you made it possible with a clear process and super straightforward. We were impressed with your ability to secure loan (Non-QM/Asset-based), I looked around and there are very few who are interested in posting these type of loans, and I know there are a lot of people like me out there. The clarity and responsiveness were a huge comfort. We truly appreciate your hard work in making our home-ownership dream a reality.
Javier Perez Lamadrid
Closed October 2025 -
LendFriend is the only place to go for mortgage brokerage services. Their unparalleled technical knowledge, relationships with a wide array of lenders, and outstanding service make them the absolute best place to secure your next mortgage.
Robert Daake
Closed March 2025 -
LendFriend helped me buy my home using my Bitcoin to qualify. I first spoke with a few lenders that my friends recommended to see if I could get a mortgage without selling my Bitcoin and they all turned me down. So, I asked ChatGPT who does crypto mortgages and found these guys. Eric was available 24/7, knew what he was doing and answered all my questions. They got me closed early, and my wife and I love our house. Highly recommend LendFriend!
Gabriel Perez
Closed August 2025 -
Highly recommend LendFriend!!! As daunting as the process can be to get pre-approved for a mortgage loan, the entire team was great that we worked with that got us to the finish line. Each team member helped us in clearly communicating each step to ensure every step was smooth, in addition being available for a quick call to walk through our questions and concerns when needed. LendFriend was also very competitive with rates and dropped our interest rate last minute right before we closed! They got the job done and made it as stress free as possible.
Ingrid Eichenberger
Closed December 2024
Ready to Put Your Crypto to Work in Florida Real Estate?
If you’re exploring a Florida property and hold significant Bitcoin or Ethereum, a quick 15-minute call can help determine your options and next steps.
FAQs
Do I have to pledge or lock up my Bitcoin?
Not with an asset depletion structure. Your crypto remains in your Coinbase account throughout the loan process and after closing. The lender uses its value to calculate qualifying income, but there is no custody transfer, no lien on the coins, and no margin call risk. You keep full access to your digital assets.
What credit score do I need?
Can I combine my Bitcoin income with W-2 or rental income
Yes. You can layer crypto asset depletion income on top of other documented income sources, like employment income, rental income, business distributions, or other investment assets. A combined income picture often makes qualification stronger and can improve your rate.
What if my crypto is held in a trust or cold storage wallet?
Revocable trusts are generally acceptable if you can demonstrate control and provide verifiable account statements. Cold storage wallets are not eligible since holdings must be verifiable through supported custodial accounts or exchanges.
Can I use crypto for the down payment?
Yes. Many borrowers sell a portion of their crypto holdings before closing to fund the down payment and closing costs. However, you can also use proceeds from a collateralized crypto loan to cover the down payment without liquidating your digital assets.
Learn More About Crypto Mortgages
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Stronger Negotiating Position when Buying a Home
The equity in your current home is unlocked and used as a downpayment on your new home; meaning no sales contingency required! Sellers HATE sales contingencies. Without a sales contingency, your offer is stronger, increasing your chances of buying your next home with ease.
Get the Highest and Best Sale Price
Without feeling pressured to sell quickly, you can wait for the best offer on your current home. List your home at the best time, market it effectively, and attract more competitive offers. With no rush, you can negotiate better terms and get the highest selling price.
Reduced Stress
Don't worry about finding temporary housing or organizing multiple moves. Avoid the chaos of having to coordinate the sale of your current home and the purchase of a new one. Transition seamlessly from one home to another and reduce stress or anxiety, making the moving process more manageable and organized.
Time for Improvements
Make necessary renovations or updates to your new property before you move in. Painting, remodeling, or other improvements would be more challenging if you were already living there. Moving into a freshly updated home (instead of living in it during renovations) is just so much nicer!