Why wait on Discover? Pay less interest with America's #1 non-bank HELOC*
- No in-person appraisals for loan amounts under $400k5: Navigates to numbered disclaimer. Lock in your competitive rate6: Navigates to numbered disclaimer in minutes!
- 5 minute approval with our 100% online application. Funding in as few as 5 days2: Navigates to numbered disclaimer
- Borrow from just $15k up to $750,0005: Navigates to numbered disclaimer. Redraw up to 100% as you repay1: Navigates to numbered disclaimer
- Get your rate as of December 5, 2025. Checking your rate won’t impact your credit!3: Navigates to numbered disclaimer
$19B+
Loans funded
201K+
households served with
Figure's platform
4.8★
Trustpilot rating
#1 in US
Non-bank HELOC*
Featured in
Figure HELOC vs. Discover Home Equity Loan
Discover why Figure HELOC is a better choice for unlocking your home’s equity
| Figure HELOC | Discover HELOAN | |
|---|---|---|
| Application Process | 5 minute, 100% online application process | Online or over the phone* |
| Appraisal Requirement | No in-person appraisal in most cases | No in-person appraisal |
| Fund Disbursement | Funding in as few as 5 days2: Navigates to numbered disclaimer. Direct deposit to the account of your choice! | Funding in 5 - 7 weeks* |
| Minimum Borrowing Requirement | Lines start at just $15,000 - Ideal for smaller projects | Loans starting at $35,000** |
| Credit Score Requirement | Minimum 640 - Helps more homeowners qualify | Minimum 680 |
- * discover.com/home-loans/articles/how-long-do-home-equity-loans-take
- ** bankrate.com/home-equity/reviews/discover
See why customers across the U.S. chose Figure:
Easy does it
I believe it took 7 or 8 days to have the funds in my bank account. Fees were compatible to other online lenders. The interest loan was a little less than Avian. I did apply with Discover because they have no fees. I gave up on the application because they ask for way to many docs and take 6 - 8 weeks to fund the loan. Plus Discover kept asking to resubmit paperwork. Figure ask for minimal paperwork. Once I'm done repaying this loan. I'll be seeking a big loan to help me build my beach house.
Written by customer— Ruben E.
I can't believe how efficient and fast these folks are
2 top lenders in the mortgage realm dragged their feet hoping I would give up my 2 percent mortgage with a growing $200K of equity in my home. But the folks at Figure knew what my goal was in trying to get some money to pay off some debt and fix up my kitchen a bit. Me and my wife are thrilled and I would highly recommend them over Rocket and or Discover.
Written by customer— S. Passehl
Excellent
4,003 reviews on
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Don’t wait—unlock your equity in as few as 5 days2: Navigates to numbered disclaimer. Start your Figure HELOC application now!