A growing class of homebuyers holds significant wealth in Bitcoin and other digital assets, but many still struggle to qualify for a traditional mortgage.

That disconnect is creating an opening for lenders like Milo, which says it has now funded more than $100 million in crypto-backed mortgages by underwriting borrowers based in part on their Bitcoin holdings rather than relying solely on W-2 income and conventional documentation.

Josip Rupena

In an interview with Inman, Milo founder and CEO Josip Rupena said the promise of crypto mortgages is not simply that they cater to digital asset enthusiasts. It is that they address a structural problem in the mortgage…