Find out in 3 Easy Steps:
- Is your loan’s current LTV below 20%?
- Was the origination of your loan either 35% LTV or 50% LTV ?
- If you answered “Yes” to Steps 1 & 2 you are eligible!
What’s next: Submit a loan support ticket here titled “Excess Collateral Release” and be sure to provide your loan ID. Our team will typically process your request within 1-2 business days. Your LTV will be restored to either 25% (for loans originated at 35%) OR 30% (for loans originated at 50%). Any excess collateral will be returned to your BlockFi Wallet.
Please note, excess collateral return is not available for loans originated at 20% LTV. To have access to your full collateral, please submit a full payment for your loan balance!