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Crypto Lenders See Opportunity in Bitcoin Mortgages

As cryptocurrency gains popularity, crypto mortgage lenders have sprung up to fill the gap for home buyers whose wealth is tied up in digital entities like Bitcoin or Ether. So reports Fortune.

bitcoin 3089728 640 smallMilo, which opened a mortgage department in February, allows mortgage applicants to put up an equivalent amount of Bitcoin as collateral.

Other participants in the crypto mortgage world include lenders Ledn and Blockfi. Traditional mortgage lender United Wholesale Mortgage notably back-tracked on a planned pilot program for accepting crypto from its borrowers.

Read the full article from Fortune.

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