Canada's APX Lending plans to launch Bitcoin-backed mortgages in Q1 2027, with interest rates and liquidation terms yet to be announced.
According to CoinDesk, Toronto-based Canadian lending institution APX Lending announced on Wednesday that it plans to launch Bitcoin-secured mortgages in the first quarter of 2027, enabling homebuyers to secure down payments or full purchase prices without selling their Bitcoin. The company has opened its waitlist and claims it will become Canada’s first regulated provider of Bitcoin-secured mortgages, though it has yet to disclose interest rates, repayment terms, maximum loan-to-value caps, and the triggers for additional collateral calls or liquidation.
