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How Figure's HELOC Aligns with Homeowner's Summer Plans
Home Equity  blog tag

How Figure's HELOC Aligns with Homeowner's Summer Plans

Summer is just around the corner, and what better way to embrace the season than by transforming your outdoor space into a haven of relaxation and entertainment? Whether you're in the sunny neighborhoods of California, the balmy coasts of Florida, or the arid landscapes of Arizona, harnessing the potential of your home equity line of credit (HELOC) can pave the way for unforgettable outdoor upgrades. Let's explore some trends and tips to elevate your summer.

Backyard Oasis:

According to our recent survey, a notable 14.3% of homeowners utilized their HELOCs for backyard renovations. It's no surprise why - your backyard is a canvas waiting to be transformed. Consider incorporating elements like:

  • Landscaping: Enhance your outdoor space with lush greenery, vibrant flowers, and strategic lighting to create an inviting ambiance.

  • Outdoor Kitchen: Elevate your culinary experience with an outdoor kitchen equipped with a grill, sink, and ample counter space for preparing and serving meals.

  • Fire Pit or Outdoor Fireplace: Extend your outdoor enjoyment into the cooler evenings with a cozy fire pit or fireplace, perfect for gathering around with family and friends.

Poolside Paradise:

For those dreaming of a refreshing dip during the scorching summer months, pool installations are a popular choice. 3.2% of respondents allocated their HELOC funds to pool projects, the allure of having your own oasis is undeniable. Here are some considerations:

  • Pool Design: Explore designs that complement your outdoor space and lifestyle, from sleek lap pools to luxurious infinity edges.

  • Water Features: Elevate the aesthetics of your pool with waterfalls, fountains, or even a relaxing spa area.

  • Safety Measures: Incorporate safety features such as fences, pool covers, and alarms to protect loved ones and ensure peace of mind.

As you embark on your outdoor home improvement journey, let Figure's HELOC be your trusted partner in transforming your dreams into reality. With our commitment to speed, convenience, and financial flexibility, you can confidently and easily embark on backyard renovations, pool installations, HVAC repairs, and more. 

  • Online Application: Say goodbye to lengthy paperwork and endless wait times. Apply for Figure's HELOC with our 100% online application, completing the process in minutes from the comfort of your home.

  • Quick Funding: Need funds fast? Figure's HELOC offers funding in as few as 5 days<sup>3</sup>, so you can start your backyard renovation project without delay.

  • Fixed Rates:<sup>1</sup> Unlike traditional HELOCs with variable interest rates, Figure's HELOC provides the stability of fixed rates, allowing you to budget confidently for your outdoor upgrades.

  • No Appraisal Needed: Skip the hassle of scheduling in-person appraisals. With Figure's HELOC, there's no need to wait for an appraisal, streamlining the financing process for your convenience.

  • Generous Funding: You can access up to $400k in home equity to finance your backyard makeover, pool installation, HVAC repairs, and more, giving you the financial flexibility to bring your vision to life.

Don't let summer slip away - apply for Figure's HELOC today and make this season one to remember.

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