Does Milo verify where my funds come from?

Yes, for crypto mortgages we conduct AML (Anti-Money Laundering) and KYT (Know Your Transaction) on the funds you plan to pledge as collateral. The process differs slightly depending on if you hold your crypto in an (approved) exchange or cold storage. For non-crypto mortgages, we will validate your liquid assets with bank statements.


Related questions

Why was my mortgage application denied and can I apply again?

Can't find what you are looking for?

Send us a message and we'll reach out to you.

1-888-433-6456 (MILO)

545 NW 26th Street, Suite 200
Miami, FL 33127

FacebookTwitterInstagramLinkedInDiscord

Copyright 2022. All rights reserved.

Brokers

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Milo Credit, LLC is a direct lender and licensed under NMLS #1811449.
Loans made or arranged pursuant to a California Finance Lenders Law License 60DBO-128284. Not available in all states. Equal Housing Lender. NMLS Consumer Access

EQUAL CREDIT OPPORTUNITY ACT NOTICE: The Federal Equal Credit Opportunity Act prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status, or age (provided the applicant has the capacity to enter into a binding contract); because all or part of the applicant’s income derives from any public assistance program; or because the applicant has, in good faith, exercised any right under the Consumer Credit Protection Act. The Federal Agency that administers Milo Credit’s compliance with this law is the Federal Trade Commission, Equal Credit Opportunity, Washington, DC 20580.