Previous Crypto homebuyers can now access their home equity
MIAMI, Sept. 6, 2022 /PRNewswire/ -- Milo, a financial technology company that is reimagining the way global and crypto consumers access financial solutions, today launched the world's first crypto refinance offering and undercollateralized mortgage. This new refinance product enables borrowers to access US dollars by pledging their crypto assets and their property to cash out up to 100% of their property's home equity value. These borrowers can now use the cash proceeds from the property to pay off existing debt, repurchase crypto or invest in other assets.
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Milo's crypto refinance offering is a gamechanger for those who previously sold their crypto or took out a short term crypto loan to buy a home in cash. This solution allows them to extend the repayment term to 30 years and gain access to financing they would have preferred from inception. Milo's crypto refinance also requires significantly less crypto...
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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...