Credit Score (FICO)

A credit score is a three-digit number between 300 and 850 that summarizes your creditworthiness based on credit-bureau data. FICO is the dominant scoring model in U.S. mortgage lending; VantageScore is the alternative model used by some bureaus.

FICO score components: payment history (35%), amounts owed (30%), length of credit history (15%), new credit (10%), credit mix (10%). Conventional mortgages typically require 620+; the best rates require 740+.

Why it matters for Milo customers

Milo runs credit checks on all borrowers — it's a baseline requirement for any regulated lender. But Milo's qualification weight on credit score is lower than a conventional lender's, because crypto collateral and reserves carry more of the underwriting load. Lower scores that would disqualify you from conventional financing may still qualify at Milo.

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