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.