Pacaso Closes New $100M Credit Facility to Access $200 Billion Non-Qualified Mortgage Securitization Market

▤ Summary

Pacaso introduced the first 30-year mortgage designed specifically for co-ownership of vacation homes in the U.S. The company backed the product with a $100 million credit facility from Texas Capital and plans to roll it out across U.S. markets in Q4 2025. Pacaso says the new financing solves a gap that traditional mortgages have not addressed for shared ownership structures. The company also positions the product as a way to simplify origination, improve transparency, and expand access to second-home financing.

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