American Homeowner Crypto Modernization Act of 2025

This legislation would make federal mortgage programs update their rules so that lenders must consider a borrower’s cryptocurrency holdings when deciding on a home loan. Specifically, agencies would have 24 months after the law takes effect to update their automated underwriting systems and guidelines to require lenders to look at the value of any digital assets in a borrower’s brokerage account tied to a cryptocurrency exchange. Digital assets are defined as a digital form of value recorded on a secure, distributed ledger, like a blockchain.

Key points:

• Who is affected: Homebuyers with crypto held in brokerage accounts linked to crypto exchanges; lenders who use federal mortgage programs; the federal agencies that run those programs.
• What changes: Lenders must count the value of eligible crypto assets as part of the mortgage credit review process.
• When: Agencies must make these updates within 24 months after the law is enacted.