Re: Crypto Mortgages Let Homebuyers Keep Bitcoin, Put Down Nothing
Let's start with some theory 
A mortgage is a common law legal instrument that is used to create a security interest in real property held by a creditor as security for a debt, usually a mortgage loan. At the same time, the real estate itself remains a pledge within the framework of this transaction.
Now a question. for example, half a year ago, a person decided to purchase a residential property worth $120,000 on a mortgage. At that rate (60,000+ dollars per bitcoin), 2 bitcoins was exactly 120,000. They were pledged. It's May 2022. Bitcoin price is $33,000. Question - will the lender require an additional deposit of collateral cryptocurrency in the amount of almost 1.2 more bitcoins? Not ? Yes ?
A mortgage is a common law legal instrument that is used to create a security interest in real property held by a creditor as security for a debt, usually a mortgage loan. At the same time, the real estate itself remains a pledge within the framework of this transaction.
Now a question. for example, half a year ago, a person decided to purchase a residential property worth $120,000 on a mortgage. At that rate (60,000+ dollars per bitcoin), 2 bitcoins was exactly 120,000. They were pledged. It's May 2022. Bitcoin price is $33,000. Question - will the lender require an additional deposit of collateral cryptocurrency in the amount of almost 1.2 more bitcoins? Not ? Yes ?