Milo
Milo offers U.S. mortgages tailored for foreign nationals, featuring an online application process and a variety of mortgage products. The company operates as a direct lender and has processed over $200 million in applications from 93 countries in 2023.
Services
Milo offers U.S. mortgages specifically designed for foreign nationals. The company provides an online application process that can pre-qualify users in less than 5 minutes. Milo offers mortgage products including bank statement loans and DSCR loans. Additionally, Milo provides purchase, refinance, investment, and bridge mortgage programs. The firm operates as a direct lender under NMLS #1811449.
Loan Processing Speed
Milo is known for its efficient loan processing capabilities. The company can close mortgages in as little as 3 weeks. This streamlined process is facilitated by their online application system, which can pre-qualify users in less than 5 minutes.
Funding and Investment
Milo raised $17 million in a Series A funding round led by M13. These funds enable Milo to expand its services and improve its offerings for foreign nationals seeking U.S. mortgages.
Operational Reach
Milo is licensed to operate in multiple U.S. states including California, Texas, and Florida. The company has processed over $200 million in applications from applicants in 93 countries as of 2023. This extensive operational reach highlights Milo's capability to serve a diverse client base.