RealOpen Certified · Field resource
Lender conversation for crypto-funded down payments
What to tell a loan officer, the three questions the buyer asks, the documents the lender will receive, and what nobody promises.
From Lesson 5, Crypto and the mortgage. By Johnny Schiro. Updated 2026-10-10.
Before the buyer sells or moves anything
- Buyer verified with RealOpen; RealScore Report requested.
- Loan officer told the down payment, reserves or both involve crypto.
- The three questions asked.
The three questions the buyer asks the loan officer
- What documentation do you accept for crypto assets?
- What holding period applies, if any, to converted funds?
- When do the funds have to be in U.S. dollars, and can they be wired directly to escrow at funding?
What the lender receives
| Document | What it shows | Who produces it |
|---|---|---|
| RealScore Report | Verified identity and wallet, how and when ownership was proven, current holdings and value, weekly balance history, seasoned reserve basis, risk-adjusted qualified buying power. Document ID checkable at realopen.com/verify. Current for 30 days | RealOpen |
| Transaction Record | The conversion and the wire to escrow, with the on-chain transaction | RealOpen, at funding |
| Contract and closing statement | The dollars arriving where they were supposed to | Escrow and the agents |
The four ways, and RealOpen's part
| Use | RealOpen |
|---|---|
| Down payment, converted and wired at funding | Converts, wires, documents |
| Reserves the buyer keeps | Documents; the lender decides whether they count |
| Qualifying on assets (non-QM asset depletion) | Documents; the loan comes from the lender |
| Collateral (a mortgage secured by pledged crypto) | None. A different product |
Lines to use
- "Seasoning is the fallback for funds that can't be documented. These can be."
- "The down payment never passes through a bank account. It's converted at funding and wired to escrow with a transaction record."
- "The report has the wallet history week by week, so you can see how long the assets have been held."
- "If you need the funds in dollars earlier, tell us the date and we'll plan the conversion around it."
What nobody promises
Not acceptance, not reserves, not a seasoning waiver, not a closing date. Acceptance depends on the loan product, the lender's guidelines and overlays, the asset, the custody arrangement and the documentation. A loan officer who answers "sell and wait" to every question may not be the right lender for this file; a second opinion is ordinary advice.
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