Achieve boosts HELOC loan limit to $700,000 with APRs as low as 5.5%
Achieve has increased the maximum loan amount for its fixed-rate HELOC to $700,000, up from $500,000 in April, while lowering the best available APR to 5.5% for qualified borrowers. The update includes relaxed underwriting thresholds, raising the maximum combined loan-to-value ratio to 90% and debt-to-income ratio to 50%, aimed at expanding access to home equity.
Key figures
- Max dti
- 50%
- Min apr
- 5.5%
- Max cltv
- 90%
- Max loan limit
- 700000
- Min credit score
- 600
- States available
- 31
AI analysis
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