The Bitcoin-Backed Mortgage Product I Would Like to See
The Bitcoin-Backed Mortgage product I would like to see:
- 7/6 SOFR ARM
- 1:1 BTC to home value backing
- interest only (no principal payments)
- no margin calls or liquidation on BTC
This greatly reduces the monthly payment for borrowers (no principal payments) and increase risk-adjusted returns for lenders (100% BTC collateral > 20% down payment).