Achieve Loans Mortgage Review 2026
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Achieve Loans
- People who want to consolidate debt or finance a home improvement project.
- People who want to access funds for just five years.
- People who can begin paying back the credit line right away.
Qualifications for an Achieve Loans depend on your plans for the funds. If you are borrowing for debt consolidation, you must have a minimum 640 credit score. For borrowers who wish to take cash out, a minimum 670 credit score is needed.
Borrowing limits also vary by loan purpose: You can get up to $300,000 for home improvements and other expenses or up to $150,000 to pay off high-interest debt.
Other requirements for an Achieve Loans include:
- Your property must be owner-occupied.
- A combined loan-to-value ratio that does not exceed 80% with the new loan
- Property insurance, and flood insurance if property is located in a flood zone
- A pledge that your home will serve as collateral
NMLS #1810501
Achieve Loans is a digital personal finance platform that offers a unique fixed-rate HELOC as well as personal loans. The lender, which has its headquarters in San Mateo, California, has served more than 1.5 million customers. Achieve Loans HELOCs are not available in all states.
Achieve Loans applications are done completely online.
- Fill out the brief application about your borrowing needs, which takes just a few minutes.
- After you submit your application, you’ll receive a call from a loan officer to go over your options and any questions you may have.
- If approved, you will receive funds usually within 10 to 12 days.
- Unlike other HELOCs, principal repayment begins right away.
Achieve Loans
Borrowers get a .125-percentage-point discount for automatic payment enrollment.
Achieve Loans
Achieve Loans has strong customer satisfaction ratings, including an A+ rating with the Better Business Bureau and an excellent customer service rating based on Trustpilot reviews.
The Consumer Financial Protection Bureau received zero mortgage-related complaints in 2023 about Achieve Loan’s parent company, Freedom Financial Network. All complaints were regarding other loan types.
HELOC From Achieve Loans
The Achieve Loans product is a hybrid of a home equity line of credit and a home equity loan. Like a home equity loan, it has a fixed rate, and principal and interest repayment begins from Day One. However, like with other HELOCs, you can borrow as much or as little as you want during the draw period. With Achieve Loans, you get five years, while other HELOCS may offer longer draw periods.
An initial payment made when the home is bought.
The amount of time you have to repay the mortgage.
The APR (annual percentage rate) you pay to the lender, which can be found in your loan agreement. The default displayed represents yesterdays national average APR for 30-year fixed mortgages.
