Achieve has closed a $261.5 million securitization of newly originated home equity lines of credit (HELOCs), its first of 2026 and ninth overall, the company announced Friday.

The transaction is backed by 3,129 HELOCs. As of June 30, the cutoff date for the securitization, the pool had a total unpaid principal balance of about $261.5 million and a total credit line of about $276.5 million, with a weighted average seasoning of three months. The weighted average combined loan-to-value ratio, including borrowers’ first-lien mortgages, was 65.67%.

“This transaction reflects the continued strength of Achieve’s HELOC platform and the confidence details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com