Latest blog posts

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  Home EquityHELOC vs. Home Equity Loan: Pros and Cons

  Both home equity loans and HELOCs use your home as collateral. If you default on your payments, the lender will be legally entitled to foreclose on your home. However, there are significant differences between the two.

  

  Hannah Friedman, Sr. Content Manager  article author

  December 26, 2022
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  Home Equity5 things you can pay for with Figure’s HELOC

  A HELOC can help you use the equity from your home to finance major purchases.

  

  Alysse Guitar, Director of Growth  article author

  November 4, 2022
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  Home ImprovementIs it better to buy a new house or remodel an existing one?

  Renovating your home may appear easier and more cost-effective than buying a new house, but it isn’t always the right decision and home improvements can also become costly.

  

  Hannah Friedman, Sr. Content Manager  article author

  November 2, 2022
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  Home EquityWhy your equity is the best cash in your pocket

  Home equity can be a powerful tool when you need access to cash, especially if you know how to use home equity to open access to cash quickly.

  

  Hannah Friedman, Sr. Content Manager  article author

  October 5, 2022
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  Home EquityThe pros and cons of a home equity line of credit

  Life's big expenses, like home remodeling and home repair, can be, well, big. For people who have equity in their home, a home equity line of credit/home-equity-line (HELOC) can help make these investments manageable. But before you sign up for a HELOC, here are some things to keep in mind:

  

  Barron Ernst, Head of Product  article author

  September 30, 2022
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  Home EquityTake advantage of your home equity to consolidate your debt

  When you do the math and consider your options, a HELOC could be a fantastic way to consolidate debt and get a head start on paying it off.

  

  Hannah Friedman, Sr. Content Manager  article author

  September 28, 2022
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  Home EquityKeep Your Low Mortgage Rate and Get Cash with All the Equity

  If you refinanced your mortgage in 2020 or 2021, there's good news. This was a historically great time to receive a fixed-rate mortgage on your home and receive favorable terms.

  

  Hannah Friedman, Sr. Content Manager  article author

  September 8, 2022