Texas Crypto Mortgages | No Collateralization Required

Understanding Crypto Mortgages in Texas

A crypto mortgage allows a lender to consider eligible cryptocurrency when determining what you qualify for. Some programs require investors to pledge their holdings as collateral or place them in custody to be approved. LendFriend Mortgage takes the asset depletion route instead. Eligible Bitcoin and Ethereum holdings are converted into qualifying income, the same way lenders have treated stocks and retirement accounts for high-net-worth borrowers for years.

The home secures the mortgage; the crypto does not. No assets are pledged or placed in custody, and a decline in Bitcoin after closing does not create a margin call tied to the property.

Crypto Mortgage Specialists

Crypto mortgage guidelines vary considerably between lenders. One may refuse Bitcoin entirely, another may apply a heavy discount, and another may have a formula that works. We know which lenders treat BTC and ETH most favorably and structure the file accordingly.

Qualify Without Tax Returns

A borrower who intentionally realizes very little taxable income can appear underqualified on paper while holding millions in crypto. Asset-based qualification reads the balance sheet instead of the tax return, so W-2s and paystubs are not the deciding factor.

Your Bitcoin and Ethereum Remain Yours

The mortgage is secured by the home rather than your cryptocurrency. There is no custody transfer, no collateral ratio to maintain, and no circumstance in which a market decline forces the sale of your Bitcoin to keep the loan in good standing.

Fast Approvals Across Texas

Preapproval can happen in as little as 24 hours. We finance primary homes, second homes, and rental properties for crypto investors in Austin, Dallas, Houston, and across Texas.

Buy a Texas Home Without Selling Your Crypto or Triggering Capital Gains

Traditional underwriting may want your Bitcoin or Ethereum turned into cash before any of it counts toward qualification or closing. For a long-term holder, that forces an investment decision that has nothing to do with whether you can afford the house.

Selling also creates a capital gains event. LendFriend helps qualified Texas borrowers buy without selling their crypto or realizing capital gains on the sale.

Keep your position. Your holdings stay invested and exposed to upside instead of being liquidated to satisfy a lender.
No forced sales. Eligible crypto supports qualification while you retain full ownership and control.
No unnecessary tax bill. Borrowed money is not taxed. Texas has no state income tax, and leaving your BTC or ETH invested means no federal capital gains either.

You do not have to choose between holding Bitcoin and owning a home in Texas. Structured correctly, the financing lets you do both.

Austin Buyer Purchases $2.5M Home Without Selling Bitcoin

A buyer purchasing a $2.5M home in West Lake Hills needed a $2M mortgage and used a separate $500K crypto-backed loan for the down payment. Asset depletion handled the mortgage, the smaller loan handled the liquidity, and no Bitcoin was sold.

Houston Buyer Closes Crypto Mortgage in 21 Days

This borrower held significant Bitcoin and needed $680K to close on an $850K Houston home quickly. We placed the file with a lender that evaluates digital assets for qualification and closed the loan in 21 days.

Dripping Springs Buyer Uses Bitcoin to Qualify for $1.6M Mortgage

W-2 income supported part of the $1.6M jumbo mortgage on this $2M Dripping Springs purchase, but not all of it. Bitcoin holdings supplied the remaining qualifying income through asset depletion, with no coins sold.

Dallas Retiree Uses Bitcoin Wealth to Qualify

An early retiree with most of their wealth in Bitcoin wanted a $1.2M Dallas home. We qualified the $900K mortgage on Bitcoin assets rather than employment income, and the position stayed invested through closing.

Which Texas Homebuyers Fit a Crypto Mortgage?

Long-term Bitcoin and Ethereum holders who built significant positions over years and have no intention of selling them to satisfy a lender.
W-2 earners whose salary supports part of the mortgage they want, with eligible BTC or ETH bridging the rest.
High-net-worth individuals whose wealth sits on the balance sheet, spread across crypto, brokerage accounts, and retirement funds, instead of showing up on a pay stub.
Investors diversifying into Texas real estate who want property exposure without giving up their crypto position, whether the purchase is a primary home, second home, or rental.
Founders, retirees, and entrepreneurs in Austin tech, Houston energy, and Dallas private equity whose tax returns understate what they can afford.

Crypto mortgage programs work at both ends. A borrower with almost no traditional income can qualify on assets alone, and a high earner can use Bitcoin or Ethereum wealth to support a larger mortgage than salary would justify.

Crypto Mortgage Solutions Across Texas

We help Bitcoin and Ethereum investors qualify for mortgages across Texas. Verified holdings become qualifying income through asset-based underwriting, with no pledge, no custody transfer, and no sale required.

In Austin, that includes higher-priced purchases in Tarrytown, West Lake Hills, and Downtown Austin, along with Lakeway and Bee Cave. Buyers who need more qualifying power can combine crypto with our Austin asset depletion program to support jumbo-sized loans.
In Dallas and Fort Worth, we work with buyers in Highland Park, University Park, Southlake, and Frisco. Our Dallas asset depletion mortgages run on the same calculation, so crypto wealth can cover what a salary alone cannot.
Houston buyers use Bitcoin and Ethereum toward homes in River Oaks, Memorial, The Woodlands, and Sugar Land. Houston asset depletion loans can combine crypto with brokerage and retirement assets on a single file.

We also close crypto mortgages in San Antonio, Alamo Heights, and Hill Country markets like Dripping Springs and Horseshoe Bay. When a different structure produces a stronger approval, our Texas home loan programs and statewide Texas asset depletion loans can work alongside your digital assets.

Crypto Asset Depletion Mortgage

Asset depletion uses eligible cash, stocks, retirement accounts, Bitcoin, and Ethereum to establish qualifying income. The home secures the mortgage. The crypto is evidence of financial capacity, not collateral.

Pros

Your Bitcoin and Ethereum remain invested through closing and beyond
Margin calls, collateral pledges, and forced liquidation never enter the picture
Full control of your crypto continues while it backs your qualification
30-year fixed-rate and other long-term financing options are on the table
W-2 or other qualifying income can stack with crypto and eligible assets for more purchasing power

Cons

Non-cash assets, crypto included, get discounted in the income calculation
Down payment, closing costs, and reserves still require sufficient funds
Whatever funds the down payment no longer counts toward qualification

Crypto Collateralization

Collateralization pledges Bitcoin or other eligible crypto as security for a separate loan. Ownership technically continues and an immediate taxable sale may be avoided, but the pledged crypto is tied to the debt until it is repaid.

Pros

Cash comes available without selling Bitcoin right away
Pledged crypto can push financing toward 100% LTV as added mortgage collateral

Cons

The crypto sits pledged or locked for the entire mortgage term
Lenders may want roughly 2x the loan amount in crypto value
Borrowing costs land well above asset depletion loan financing
A price drop can force extra collateral or outright liquidation
Short terms bring repayment and refinancing pressure

Which Option Is Better for a Texas Crypto Mortgage?

For long-term Texas home financing, asset depletion is generally the stronger structure. Rates run lower, the home secures the loan, and a drop in Bitcoin after closing creates no collateral call.

Collateralization earns its place when the problem is liquidity. A borrower with substantial Bitcoin and limited cash can take a smaller collateralized loan for the down payment while asset depletion carries the mortgage itself.

Use collateralization when you need liquidity. Use asset depletion for the mortgage.

“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!”

“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.”

“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!”

“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.

I look fwd working with you in the future. Thank you again.”

“Michael and team take care of their customers and find you the best deal for your situation. This is old school white glove service with a modern 24/7 email/text flavor.

Highly recommend them!”

“Eric and his Team were super professional, knowledgeable, timely, and friendly! They made their part of the home buying process less stressful and an overall enjoyable experience. We have already referred them to others who have had similar experiences. We look forward to working with them in the future.”

What is a crypto mortgage in Texas?

A crypto mortgage is a home loan in which cryptocurrency holdings such as Bitcoin or Ethereum factor into qualification.

Some lenders require the crypto to be pledged as collateral. LendFriend does not.

We treat eligible crypto holdings as qualifying income. No assets are pledged and no taxable sale occurs, a meaningfully better structure than the collateral-based programs most crypto lenders offer.

How it works: A Southlake client held $4M of Bitcoin in a hard wallet with very little traditional income. The Bitcoin supported qualification for a $1.8M mortgage, and the purchase closed 3 weeks later with nothing sold and nothing pledged.

Can you use Bitcoin to buy a house in Texas?

Yes, though not by transferring cryptocurrency to the seller directly. Buying a house with Bitcoin happens through the mortgage qualification process. Your crypto counts as qualifying assets, you convert only what the down payment and closing costs require, and the remainder stays invested with no collateral risk, no margin calls, and no unnecessary taxes.

Can I combine crypto asset income with W-2, rental, or retirement income?

Yes. Crypto asset depletion income combines with other documented sources such as W-2 wages, rental income, or retirement benefits. A borrower with substantial employment income may only need the crypto to bridge the gap between what that income supports and the home they want. The combination can produce a larger crypto mortgage or a stronger debt-to-income ratio.

Do I need to sell my crypto to qualify for a mortgage in Texas?

No. The program is structured so you can qualify without selling your digital assets. The lender does not liquidate your position and neither do you, so no capital gains tax is triggered while the wealth still counts toward your Texas home purchase.

Can I qualify if my crypto is held in a trust or custodial account?

Yes. Crypto held in a custodial trust or Coinbase Institutional wallet is eligible as long as you can document access and control over the account. High-net-worth investors commonly hold crypto in structured trusts or cold storage. Underwriting simply needs to verify it.

What happens if my crypto declines in value during the loan process?

A significant change in your crypto assets, whether from withdrawals or market movement, can affect the approved loan amount or the approval itself. Hold balances steady until closing; trading can resume afterward. Your lender will define the threshold that matters for your file.

How does a crypto mortgage compare to a short-term loan from a crypto lender like Unchained?

Loans from platforms like Unchained are liquidity tools, not housing finance. The typical structure is a 1-year term at roughly 15% interest with meaningful origination fees, full collateralization, and ongoing price risk. If crypto values drop far enough, the borrower posts more collateral or faces liquidation.

A crypto mortgage is built for the opposite purpose. The term is 30 years, rates sit near conventional mortgage levels, and there are no margin calls. Crypto supports qualification or reserves rather than being locked at aggressive loan-to-value thresholds, and nothing has to be rolled or refinanced every 12 months.

For borrowers who took on short-term crypto financing for speed, the mortgage is often the second step, replacing expensive short-term debt with stable home financing that keeps the crypto intact.

What credit score is required for a crypto mortgage in Texas?

These are Non-QM loans designed for high-net-worth borrowers, and the minimum is a 700+ credit score. The most competitive pricing generally requires 780 or above.

What is the minimum down payment for a crypto mortgage?

Lenders typically require a down payment of at least 20%. The down payment and closing costs are also subtracted from your asset pool before the income calculation runs, so down payment strategy affects qualification as well as the loan balance.

What is the maximum loan amount available for a crypto mortgage in Texas?

Crypto mortgage amounts can reach $10 million depending on credit profile, property, down payment, lender, and the size of your Bitcoin or Ethereum position. For higher-priced Texas homes, jumbo loans and jumbo asset depletion loans allow eligible assets to support the larger qualification rather than traditional income alone.