Achieve HELOC - 30 Year
Achieve Loans
NMLS #1810501
3.9
Copiafy Score
APR
6.99%
Fixed Rate
Loan Range
$15,000
to
$300,000
Term
30
years
Min Credit
640
score
Expert Take
Getting a HELOC from Achieve Loans could be great if you are a homeowner with fair to good credit and you need to combine your debts into one payment, which is what this online lender focuses on. However, the terms are harder if you want to borrow for another reason, like fixing up your home. Achieve is clear about its terms and the differences in how you can use the money, though it is not clear why the differences exist.
Pros & Cons
Pros
- Lower credit score requirement compared to most home equity lenders.
- You can close and get your money in as little as 10-12 business days, which is much faster than average.
- Get 0.50% rate discount for setting up automatic payment
Cons
- This HELOC has no period where you only pay interest - you start paying back what you borrowed right away.
- Achieve only lends in 29 states and does not include big states like New York and Massachusetts.
Product Details
Customer Reviews
4.7
75 reviews
Quick Facts
Lender Type
Online Lender
Funding Time
Funds available in 10-12 business days
Availability
29 states
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