More Ways to Say ‘Yes’: Crypto-Enabled Enhancements to Several of Newrez’s Non-QM Loans
Newrez is expanding its non-QM solutions by allowing eligible cryptocurrency to count toward asset verification or income calculation on select loan types—potentially without having to liquidate those holdings.
An increasing number of Americans have invested in cryptocurrency over the last five years.1 As a result, some homebuyers today who may fall outside traditional income categories may hold meaningful wealth in cryptocurrency.
Today, the global crypto market surpasses $3 trillion.2 Many of these investors might be well-positioned to purchase a home.
Newrez is among the first major mortgage providers nationwide to recognize crypto assets across several loan types, reinforcing our commitment to flexible, next-generation mortgage solutions for a broad range of borrower profiles.
Crypto-Based Qualification Across Our Smart Series Non-QM Loans
Our Smart Series non-QM loans were created for borrowers whose financial circumstances may not align with conventional underwriting guidelines.
- SmartSelf is our bank statement/1099 program, ideal for self-employed professionals.
- SmartEdge Asset Qualifier is built for retirees, high-net-worth individuals and other borrowers with non-traditional income.
- SmartVest is designed for real estate investors looking to qualify using property cash flow.
What’s New:
Crypto as an income-based asset:
SmartEdge and SmartSelf will now enable borrowers to use eligible cryptocurrency when calculating income to help qualify for a loan. Liquidation is not required.
Crypto for verifying down payment and closing costs:
SmartEdge, SmartSelf and SmartVest now allow borrowers to use eligible crypto holdings in asset verification of down payment and/or closing costs. Borrowers may not be required to show proof of liquidation.
Crypto-supported reserves:
SmartEdge, SmartSelf and SmartVest will also enable borrowers to use eligible cryptocurrency as verification of their reserves. Borrowers may not be required to show proof of liquidation.
Certain criteria apply to these allowances, including but not limited to:
Eligible types of cryptocurrency include Bitcoin® (BTC), Ethereum® (ETH), SEC‑approved spot ETFs backed by BTC or ETH and USD‑backed stablecoins.
Eligible crypto assets must be held with U.S.‑regulated crypto exchanges or retail fintech apps, SEC‑ or FINRA‑regulated brokerages, or nationally chartered banks under OCC oversight.
Talk with a Newrez loan expert to learn further details.
Power Your Pipeline with Crypto-Enabled Loans
With these enhancements, Newrez empowers mortgage brokers to better serve crypto-invested borrowers, including self-employed professionals, real estate investors and first-time homebuyers. Show borrowers that you can provide them with cutting-edge products that meet their modern needs and offer them flexibility as they strive for homeownership.
Want more specifics about our products and how your business can benefit? Reach out to us today and we’ll gladly fill you in.
Bitcoin® is a registered trademark of Bitcoin Global Mission Trust and Ethereum® is a registered trademark of Stiftung Ethereum.
References:
1 2025 Cryptoc Costacia Brown Currency Adoption and Consumer Sentiment Report | Security.org
2 Cryptocurrency Prices, Charts And Market Capitalizations | CoinMarketCap