1 (480) 389-3675

MIKE THE MORTGAGE GUY

Powered by NEXA Lending

APPLY NOW

Bitcoin Loans

What Is a Crypto-Backed Loan?

  • You put up your Bitcoin (BTC) or Ethereum (ETH) as collateral.

  • The lender gives you cash — often instantly and without a credit check.

  • You keep ownership of your crypto — it’s held securely, not used for other loans.

How It Works – Simple Steps

  1. Sign up.

  2. Deposit crypto as collateral. You can borrow up to 75% of its value — e.g., if you deposit $10,000 worth, you can borrow up to $7,500.

  3. Get funded and receive cash in your bank account.

Key Points to Know

  • Interest & term: Example — 9.9% interest at a 50% Loan-to-Value (LTV), typically for a 3‑month term.

  • Pay only interest monthly, or you may defer interest until the end (with a small fee).

  • At the end of the term, you pay back the loan plus any deferred interest, and get your crypto back.

Margin Calls – What Could Go Wrong?

  • If your crypto loses value, your LTV ratio goes up.

  • When LTV crosses certain levels, you’ll get a margin call: you must deposit more crypto or pay down cash fast.

  • If you don’t act, your crypto can be sold to protect the lender.

Why People Use These Loans

  • Keep holding crypto while getting cash — no need to sell your assets..

  • Get money quickly and easily, often same-day, without messing with your credit.

  • Use the money for big things like a car, home upgrade, travel, or more crypto investment .

Simple Example

  • You have 1 BTC worth $60,000.

  • You choose 50% LTV → borrow $30,000 cash.

  • Pay about 9.9% interest, maybe monthly interest-only.

  • If BTC value drops, you might get a margin call.

  • At the end of 3 months, you repay the $30,000 (plus interest), and your BTC is returned.

In Summary

A crypto-backed loan is a fast, flexible way to get cash by using your Bitcoin or Ethereum as security — without losing ownership. It’s great if you want cash now but expect crypto’s value to rise later. Just watch the LTV level carefully to avoid margin calls.

For more information, or to discuss how this program might benefit you, click here to schedule a free consultation with me, or click the link below to apply.