- A new House bill would let crypto in broker accounts count in mortgage credit checks for loan eligibility.
- The bill covers Bitcoin and other digital assets stored in brokerages linked to crypto platforms.
- Veterans and young buyers with crypto holdings could benefit if the bill updates mortgage underwriting rules.
A new bill introduced in the U.S. House aims to add Bitcoin and other crypto assets to mortgage evaluations. Representative Nancy Mace of South Carolina filed the bill, named H.R.4374, on July 14, 2025. It proposes that mortgage lenders consider crypto holdings in brokerage accounts during borrower assessments.
The bill applies to Bitcoin and other digital assets stored in brokerages tied to cryptocurrency platforms. Current mortgage evaluations usually exclude crypto assets, relying on bank balances, tax returns, and income. If passed, the bill could shift how agencies calculate mortgage eligibility.
Path Toward Committee Review
The proposed legislation has been sent to two House committees. The House Financial Services Committee and the Veterans Affairs Committee will now examine the bill. It remains at the introductory stage and awaits further legislative action. No votes have been scheduled in either chamber.
The bill must clear the House and Senate before becoming law. Final approval also requires the signature of President Donald Trump. The process could take months, depending on congressional schedules and support. The bill comes in the wake of the crypto week in the U.S., where three key crypto bills are set to pass.
Potential Changes to Mortgage Underwriting
If adopted, the bill would require updates to underwriting systems. These systems would need to accept digital asset data from qualifying platforms. The change could allow crypto investors to boost their credit profiles with existing holdings.
Borrowers who store crypto in approved brokerages might benefit during credit checks. This would allow them to qualify for better loan terms or unlock mortgage access that was previously denied. Traditional systems currently exclude most forms of digital wealth.
Regulators would also need to define which brokerages are eligible. This could involve establishing compliance standards for platforms that offer crypto brokerage services. As a result, not all exchanges may qualify under the new rules.
Impact on Veterans and Younger Borrowers
The bill also includes clauses for the Department of Veterans Affairs. Veterans applying for VA-backed loans could gain from the inclusion of crypto assets. This may help veterans who hold Bitcoin or other digital assets meet credit requirements.
Younger buyers who rely on crypto as savings could also benefit. Many new investors hold significant value in digital formats rather than in traditional accounts. If adopted, the law would support a broader recognition of non-traditional assets in financial evaluations.
This proposal follows a June 2025 update from U.S. housing regulators. They announced interest in incorporating crypto into the mortgage process. That move helped lay the groundwork for formal legislation now under review.
