RateFi — Crypto-Aware Non-QM Mortgage Program

Rate launched RateFi nationwide in February 2026 within its non-qualified mortgage platform. The program recognizes verified bitcoin, ether, XRP, and US dollar-backed stablecoins when evaluating a borrower's reserves and, in some cases, qualifying income. Eligible holdings can remain invested during underwriting rather than being transferred to the lender, although assets used for a down payment, closing costs, or other cash-to-close requirements must be converted to US dollars and documented before funding. Rate applies its own valuation, liquidity, custody, and volatility haircuts and can change eligibility before closing if market conditions or account documentation change. This is not a classic dual-pledge loan: Rate does not advertise a lien over the crypto, and the residential property secures the mortgage. It is included because the program formally integrates BTC wealth into property-credit underwriting and can serve borrowers whose conventional income documentation understates their balance sheet. Loan limits, leverage, property types, pricing, and state availability depend on Rate's non-QM guidelines and the final approval.