06-12-2021, 10:54 AM
My credit union accepted my crypto as assets on a mortgage application
<!-- SC_OFF --><div class="md"><p>I listed the current value of my Coinbase account and self custody crypto along with things like stocks and retirement accounts as assets on a bunch of recent mortgage refi applications. Was shocked that out of all the places I applied that my credit union accepted it and treated them just like my stock account, valued at 70% of market price. They asked for 3 months statements from Coinbase and the public addresses of any self custody holdings. </p> <p>I'll take this as yet another sign that mass adoption is right around the corner.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Flynn_Kevin"> /u/Flynn_Kevin </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/nxtftt/my_credit_union_accepted_my_crypto_as_assets_on_a/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/nxtftt/my_credit_union_accepted_my_crypto_as_assets_on_a/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>I listed the current value of my Coinbase account and self custody crypto along with things like stocks and retirement accounts as assets on a bunch of recent mortgage refi applications. Was shocked that out of all the places I applied that my credit union accepted it and treated them just like my stock account, valued at 70% of market price. They asked for 3 months statements from Coinbase and the public addresses of any self custody holdings. </p> <p>I'll take this as yet another sign that mass adoption is right around the corner.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Flynn_Kevin"> /u/Flynn_Kevin </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/nxtftt/my_credit_union_accepted_my_crypto_as_assets_on_a/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/nxtftt/my_credit_union_accepted_my_crypto_as_assets_on_a/">[comments]</a></span>Kind Regards R
