Figure's Knowledge Center

Latest blog posts

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  Home EquityDo I have to live in my home to qualify for a HELOC?

  A HELOC is a great way to access the equity you have built up in your home. Learn more about qualification requirements, including if you need to reside in your home to qualify.

  

  Hannah Friedman, Sr. Content Manager  article author

  November 3, 2023
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  Home EquityUsing a HELOC to fund a Solar Installation

  Discover the financial benefits of using a Home Equity Line of Credit (HELOC) to fund your solar installation. Learn how a Figure HELOC can save you money and contribute to a greener future.

  

  Jarred Lowe, Principal Product Manager  article author

  November 1, 2023
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  Home EquityCan I get a HELOC on a second home?

  A Home Equity Line of Credit (HELOC) is a smart way to access the equity you have built up from home ownership. Learn more about how to qualify for a HELOC on a second home with this guide.

  

  Barron Ernst, Head of Growth  article author

  October 28, 2023
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  FAQsCan you pay off a HELOC early?

  Some lenders allow you to pay off your HELOC early, but others charge a fee, known as a prepayment penalty if you chose to close out the loan early or carry a zero balance.

  

  Diana Patino, Performance Marketing Manager  article author

  October 24, 2023
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  FAQsCan I use a HELOC to buy an RV?

  Wondering if a HELOC can be used to finance your RV purchase? Discover the pros and cons of using a Home Equity Line of Credit for this purpose.

  

  Jarred Lowe, Principal Product Manager  article author

  October 20, 2023
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  FAQsCan I use a HELOC to buy a boat?

  Curious about using a HELOC to buy a boat? Find out if it's a viable option for you and learn the ins and outs of this financing method.

  

  Barron Ernst, Head of Growth  article author

  October 19, 2023
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  FAQsDo I need an appraisal for a HELOC?

  Before applying for a HELOC, it's important to understand the appraisal process. This helpful guide explains exactly what to expect for your HELOC appraisal.

  

  Andrew Clark, Affiliate Marketing Manager  article author

  October 18, 2023