Milo, a Miami-based digital lender, announced last week that it is rolling out a crypto mortgage product to clients with digital currency.
Josip Rupena, the CEO of Milo, hopes that his mortgage product will allow borrowers who may not be able to qualify for a conventional mortgage to have a shot at a 30-year mortgage, backed by a bitcoin pledge.
Currently, the cryptocurrency universe is worth over $1.7 trillion though it has nosedived in the last week, down from about $3 trillion.
HousingWire sat down with Rupena this week to learn about how a crypto mortgage transaction details ⇒
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