Bitcoin-Backed Mortgages Coming to Canada in 2027 as APX Lending Opens Waitlist

TLDR APX Lending plans to offer bitcoin-backed mortgages in Canada in early 2027. Buyers could borrow against bitcoin for a down payment or the full home price. Rates, loan terms and liquidation rules have not been announced. A 40% bitcoin price drop could push a standalone loan from 50% to about 83% loan-to-value. A waitlist is open, and terms will be published before launch. APX Lending said Wednesday it plans to offer bitcoin-backed mortgages in Canada in early 2027. The Toronto-based company opened a waitlist the same day. 🚨 NEW: 🇨🇦 Canadian lender APX Lending plans to launch Bitcoin-backed mortgages in early 2027, allowing homebuyers to use $BTC as collateral without selling their holdings. The company has opened a waitlist, with loans covering down payments or full home purchases.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to CoinCentral.