Milo aims to help international buyers access credit in the US.
“Banks had neglected us, lenders avoided us, and others just wasted our time,” the firm states on its website. “This frustration led to action and compelled us to create a company with global consumers unique situations at its core.”
Milo launched in late 2018, led by former Morgan Stanley financial advisor, Josip Rupena.
Rupena identified a market need during his tenure at Morgan Stanley. “A private wealth client with a seven-figure net worth was hoping to secure a US home loan. Because of traditional banks’ domestically focused processes, this financially sound individual couldn’t secure a loan – and he’s not alone,” he recalls.