Overview
- Milo reported topping $100 million in crypto-backed home loan originations and said its largest single deal was a $12 million mortgage in Tennessee.
- Clients can pledge bitcoin or ether for up to 100% financing with loan amounts advertised up to $25 million, and published rates start at 8.25%.
- The company says its mortgage portfolio has had zero margin calls, citing a structure designed to weather roughly 65% declines in crypto prices.
- If collateral values drop beyond thresholds, Milo says it reduces the loan toward 65–70% loan-to-value so borrowers can keep making payments instead of facing liquidation.
- Milo operates as a licensed lender in ten U.S. states, cites a SOC 2 audit, and offers collateral custody through Coinbase or BitGo as well as a self-custody option.