Miami-based fintech Milo has started to diversify its portfolio for investors with digital holdings by offering its first crypto-mortgage refinancing product, the company announced on Tuesday.
The new offering comes five months after the fintech’s 30-year crypto-mortgage purchase product came to market and reached $10 million in origination volume. HousingWire first reported on the lender’s plans to debut refinancing products at the beginning of July.
“Based on the success of our crypto mortgage offering, we are now able to empower those who would have liked 100% financing via a crypto mortgage when purchasing their home,” Josip Rupena, CEO and founder of Milo, said in a statement. “With our crypto refinance, they can benefit from having access to their home equity when attractive investment opportunities come up.”
Milo is offering a cash-out refinance, a product that allows clients to replace their current mortgages with a new one to take advantage of better loan conditions, such...
Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.
INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...