Thursday, June 8, 2023
99newser
  • Home
  • World News
  • Celebrity News
  • Taxi Rides
  • Online Jobs
  • Health News Updates
No Result
View All Result
99newser
  • Home
  • World News
  • Celebrity News
  • Taxi Rides
  • Online Jobs
  • Health News Updates
No Result
View All Result
99newser
No Result
View All Result

Crypto Mortgage Company Has Given Out $10 Million in Loans Since April

Editorial Team by Editorial Team
July 20, 2022
in Uncategorized
0
Crypto Mortgage Company Has Given Out $10 Million in Loans Since April
588
SHARES
3.3k
VIEWS
Share on FacebookShare on Twitter

You might also like

My London: Louise – Singer – LDNFASHION

Shoes that are popular and out of style this summer, stylists reveal – Insider

Canada wildfires spur air quality alerts; NYC hit by smoke: Live updates – The Washington Post

Crypto Mortgage company Milo Credit is offering global crypto users access to financial solutions outside of traditional finance.

Despite the crypto winter, crypto life seems to be powering on. Milo Credit have announced they have closed $10m in crypto mortgages in the USA alone. Their 30-year crypto mortgage was only brought to market last April.

The company says that the product is the world’s first crypto mortgage offering, and it makes it easy for crypto investors to use their digital assets to buy property.

Josip Rupena is the CEO of Milo. “The success of our crypto mortgage over the past few months serves as a testament to our ability to pioneer and create a unique solution for the crypto community. We have incredible momentum and see a fundamental need to help individuals diversify their wealth to generate real-world yield through real estate. In today’s volatile environment, our crypto mortgage is an excellent solution for clients who wish to continue to own crypto and invest in real estate, all while keeping the potential price appreciation of both.” 

Crypto Mortgage – A First

Milo say they were the first fintech to offer a mortgage that bridges digital assets with traditional finance. Investors qualify for the mortgage with Bitcoin, Ethereum, and USDC. “To purchase property, clients can pledge their crypto with regulated and insured custodians (Gemini and Coinbase) and finance up to 100% of their purchase with no down payment required. Those who qualify can take advantage of low-interest rates and a 30-year crypto mortgage up to $5 million.”

Miami Mayor Francis Suarez said, “Bridging the gap between traditional finance and crypto is one of the most important pieces of the puzzle to make cryptocurrency and blockchain more ubiquitous in our daily lives. With their mortgage product, Milo has already proven that the future of finance will serve to build wealth just like the financial tools of the past.”

Crypto Mortgage
Source: Depositphotos

Real Estate and Building Wealth

The company say that real estate is a critical component to build wealth over time. Crypto users have lacked the opportunity to buy real estate – so they have used riskier ways of generating yield.

The company say they have given thousands of borrowers crypto mortgage pre-qualification. This is so borrowers know what they can afford. “Milo’s mortgage solution for U.S. and foreign nationals has already originated over $100 million in loans and has seen applicants from over 90 countries.”

Got something to say about a crypto mortgage or anything else? Write to us or join the discussion in our Telegram channel. You can also catch us on Tik Tok, Facebook, or Twitter.

Disclaimer

All the information contained on our website is published in good faith and for general information purposes only. Any action the reader takes upon the information found on our website is strictly at their own risk.

Source link

Previous Post

Hy-Vee to offer test-to-treat COVID-19 services

Next Post

The best scrunchies to pop on your ponytail this summer

Editorial Team

Editorial Team

Related Posts

TOPIC PAGE: Coronavirus, oil price direction – impact on chemicals – ICIS

My London: Louise – Singer – LDNFASHION

by Editorial Team
June 8, 2023
TOPIC PAGE: Coronavirus, oil price direction – impact on chemicals – ICIS

Shoes that are popular and out of style this summer, stylists reveal – Insider

by Editorial Team
June 8, 2023
TOPIC PAGE: Coronavirus, oil price direction – impact on chemicals – ICIS

Canada wildfires spur air quality alerts; NYC hit by smoke: Live updates – The Washington Post

by Editorial Team
June 8, 2023
TOPIC PAGE: Coronavirus, oil price direction – impact on chemicals – ICIS

'It's a national disgrace': Ray Mears weighs in on Dartmoor camping … – Okehampton Times

by Editorial Team
June 8, 2023
TOPIC PAGE: Coronavirus, oil price direction – impact on chemicals – ICIS

Australian Lender CBA Plans to Curb Payments to Crypto Exchanges – Bloomberg Law

by Editorial Team
June 8, 2023
Next Post
The best scrunchies to pop on your ponytail this summer

The best scrunchies to pop on your ponytail this summer

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Northampton Board of Health provides COVID-19 updates, introduces new faces – Reminder Publications

Northampton Board of Health provides COVID-19 updates, introduces new faces – Reminder Publications

October 25, 2022
5 things to know before the stock market opens Monday – CNBC

5 things to know before the stock market opens Monday – CNBC

July 18, 2022

Categories

  • Celebrity News
  • Health News Updates
  • Latest Sport News
  • Stock Market News
  • World News

Don't miss it

TOPIC PAGE: Coronavirus, oil price direction – impact on chemicals – ICIS

My London: Louise – Singer – LDNFASHION

June 8, 2023
TOPIC PAGE: Coronavirus, oil price direction – impact on chemicals – ICIS

Shoes that are popular and out of style this summer, stylists reveal – Insider

June 8, 2023
TOPIC PAGE: Coronavirus, oil price direction – impact on chemicals – ICIS

Canada wildfires spur air quality alerts; NYC hit by smoke: Live updates – The Washington Post

June 8, 2023
TOPIC PAGE: Coronavirus, oil price direction – impact on chemicals – ICIS

'It's a national disgrace': Ray Mears weighs in on Dartmoor camping … – Okehampton Times

June 8, 2023
TOPIC PAGE: Coronavirus, oil price direction – impact on chemicals – ICIS

Australian Lender CBA Plans to Curb Payments to Crypto Exchanges – Bloomberg Law

June 8, 2023
TOPIC PAGE: Coronavirus, oil price direction – impact on chemicals – ICIS

COVID-19 Virus Can Fuse Brain Cells, Triggering Brain Fog, Headaches: Study | Weather.com – The Weather Channel

June 8, 2023

Recent News

TOPIC PAGE: Coronavirus, oil price direction – impact on chemicals – ICIS

My London: Louise – Singer – LDNFASHION

June 8, 2023
TOPIC PAGE: Coronavirus, oil price direction – impact on chemicals – ICIS

Shoes that are popular and out of style this summer, stylists reveal – Insider

June 8, 2023
  • Home
  • World News
  • Celebrity News
  • Taxi Rides
  • Online Jobs
  • Health News Updates

© 2020 99newser.com

No Result
View All Result
  • Home
  • World News
  • Celebrity News
  • Taxi Rides
  • Online Jobs
  • Health News Updates

© 2020 99newser.com