This company facilitates the transformation of individual home loans into tradable investments through the securitization process. By creating liquidity in the mortgage market, this mechanism enables lower interest rates for borrowers and distributes mortgage risk across global capital markets. The resulting mortgage-backed securities provide institutional investors with fixed-income returns based on underlying mortgage payments.
Funding
$3.3M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many individuals, particularly those with substantial cryptocurrency holdings, face challenges accessing traditional mortgage financing due to a lack of conventional income verification or established credit history. This restricts their ability to leverage digital assets for real estate investment.
Solution
Moon Mortgage offers crypto-backed mortgage products that enable borrowers to use their cryptocurrency holdings as collateral for real estate purchases. The platform allows users to borrow against their crypto assets, and in some cases, continue trading those assets while using them as collateral. By using digital assets as collateral, Moon Mortgage aims to provide access to mortgage financing for individuals underserved by traditional banking institutions.
Target Audience
The primary target audience includes individuals with significant cryptocurrency holdings who may not qualify for traditional mortgages due to a lack of standard income verification or credit history.
Features
- Crypto-backed mortgages using cryptocurrency as collateral.
- Option to trade cryptocurrency while using it as collateral (depending on the specific product).
- Digital asset custody through Anchorage Digital, a federally chartered crypto bank.
- Transparent fee structure.