Fintech Firm Milo To Provide Cryptocurrency Mortgage Services
More innovations keep springing up to fascinate and intrigue digital investors with increased cryptocurrency adoption. In line with that, Milo, a fintech startup based in Miami, introduced the first global crypto mortgage. Through the bank’s offer, digital investors have the opportunity of buying real estate in the U.S. by using their cryptocurrencies. The offer from Milo, a digital bank, runs as 30-year mortgage loans. These are currently accessible to customers that could place collaterals with Bitcoin. This offer is open to both Americans and other investors to acquire real estate in....
Related News
Consumers will be able to leverage their BTC holdings and digital assets to purchase real estate in the U.S. Miami-based fintech startup Milo is introducing what it claims is the world’s first “crypto mortgage.” The digital bank will allow crypto investors to leverage their digital assets to purchase real estate in the U.S. At the moment, only customers wanting to use Bitcoin (BTC) as collateral qualify for Milo’s 30-year mortgage loan. Both American and International customers will be able to use the service to purchase real estate in the U.S. Milo’s website states:“Instead of selling....
The fintech announced U.S. and non-U.S. customers alike would soon be able to use bitcoin as collateral to invest in real estate.
The crypto industry never sits still. Even in a bear market, development surges ahead like a Bitcoin bull charging through resistance. Who would have guessed a few years ago that you could finance your home purchase using Bitcoin? Well, it’s happening. Milo, a company offering crypto mortgage lending, has now surpassed $65M in crypto mortgage […]
United Wholesale Mortgage previously announced plans to test Bitcoin and Ether for mortgage payments in August. United Wholesale Mortgage (UWM), one of the largest wholesale and purchase lenders in the United States, is ditching Bitcoin (BTC) payment plans after running a test.UWM officially announced Thursday that the company has successfully conducted its first-ever cryptocurrency mortgage pilot, accepting five crypto payments in October and one in September.The firm did not disclose more information about the test, neither specifying what cryptocurrencies were part of the pilot nor what....
Business consulting firm Zventus announce a blockchain lab designed to revolutionize the mortgage sector. Global business provider Zventus announced a new blockchain initiative on Monday titled “Mortgage Blockchain Lab.” The proposal is meant to collate the resources of several mortgage experts, technology firms and academic institutions to collaborate on blockchain research and development focused on the mortgage sector. The California-based firm, whose product and service offering spans a broad business spectrum including business consultancy, human resource strategy and tech support,....