Milo for Banks

Banks keep 13% of their refinances. Nonbanks keep 35%.

Your mortgage customer has a checking account, a savings balance and a card with you, and still refinances down the street. Milo puts your bank back in front of them every month, and tells your team the moment one of them starts shopping.

See How It Works
Fully white-labeled
Deposit & HELOC cross-sell
SOC 2 & SSL secured
13%
refi retention at banks, versus 35% at nonbank servicers
$73.2M
closed in year one by one bank running Milo
8.9x
net ROI on the same program
5–7%
of your mortgage book is quietly shopping each month
The Relationship You Already Have

You hold the deposit. Someone else gets the refi.

Banks retain refinancing borrowers at roughly a third the rate of nonbank servicers. The gap is presence, not price. Nobody at the bank is in the customer's inbox between transactions, so the first lender who shows up wins.

A monthly reason to appear. A branded report on the home you financed, with real equity numbers they care about
Not another statement insert. ~70% open rates and 3+ minutes on page, because it's about their house
Every household reached. Four blended AVMs deliver a 98.5% match rate, including hard-to-value properties
One report, three products
co-branded
EQ
Home equity
$524,651 available, HELOC offer surfaced inline
T1
SV
Monthly savings
$121/mo versus today's market rate
T2
HY
High-yield checking
Cross-sell module inside the report
T3
CD
Savings certificates
6- to 18-month terms, your rates
T4
~70%
open rate
50%
engage
3 min+
on page
One report, three products
co-branded
EQ
Home equity
$524,651 available, HELOC offer surfaced inline
T1
SV
Monthly savings
$121/mo versus today's market rate
T2
HY
High-yield checking
Cross-sell module inside the report
T3
CD
Savings certificates
6- to 18-month terms, your rates
T4
~70%
open rate
50%
engage
3 min+
on page
Cross-Sell That Lands

The mortgage report is the best real estate you own.

Your customer opens it every month and reads it for three minutes. That's the highest-attention channel in retail banking, and most banks are leaving it empty.

HELOC at the equity moment. The offer appears next to the number that makes it relevant, instead of in a generic campaign
Deposit products in context. High-yield checking and certificate modules sit inside the report you already send
Custom ad spaces. Put whatever the bank is pushing this quarter in front of an audience that's already reading
Built for Bank Requirements

White-labeled, auditable, and yours.

What a bank compliance and marketing team actually asks about.

Typical fintech tooling
Built for brokers, retrofitted for banks
✕
Vendor branding visible to your customer
✕
Data resold or used to market competing offers
✕
Another portal your MLOs won't log into
✕
Marketing spend with no attributable outcome
✕
One AVM, so a third of the book never gets a report
Milo
Enterprise-ready from day one
✓
No third-party branding anywhere the customer can see
✓
Your database stays yours, client data is never resold
✓
Alerts route into the systems your MLOs already use
✓
Every closed loan attributed by officer, branch and cohort
✓
Four blended AVMs for a 98.5% match and delivery rate
Rollout

Start with one region. Prove it. Expand.

Most banks pilot on a single market or branch cluster before going portfolio-wide.

STEP 01
Pick the pilot book
A branch cluster, a region, or the full mortgage portfolio. We enrich every record with current value and equity data.
→
STEP 02
Brand and approve
Your colors, your logo, your product modules, your disclosures. Nothing sends until your team signs off on a sample.
→
STEP 03
Measure and scale
Track opens, engagement, alerts and closed loans by officer and branch, then widen the rollout on evidence.
Pricing

Priced for your portfolio.

Custom pricing for bank portfolios.
Volume pricing across your mortgage book, white-glove onboarding, dedicated CSM, SSO and security review support. Start with a sample run on a single region.
Custom
FAQ

Questions we get a lot.

ICE's Mortgage Monitor data puts bank refi retention around 13% against roughly 35% for nonbank servicers. Nonbanks treat the servicing portfolio as a customer acquisition engine and market to it continuously. Most banks treat the mortgage as a completed transaction, so there's no monthly presence between the closing and the next loan.
Completely. Reports go out from your domain with your logo, colors, disclosures and loan officers. Milo never appears anywhere the customer can see, and there are no third-party lender ads.
Yes, that's one of the strongest reasons banks run it. The report includes equity and savings modules where a HELOC offer is contextually relevant, plus configurable spaces for deposit products like high-yield checking and certificates.
Milo is SOC 2 aligned with SSL encryption throughout, your database remains yours, and client data is never resold. Our team supports your vendor security review and can work through your standard third-party risk process.
No. Alerts route into their existing inbox and CRM. There are no new logins required for MLOs, which is why adoption doesn't decay after month two.
Milo for Banks

Your customer already banks with you.
Keep their mortgage too.

See what your mortgage book would surface in the first 30 days.