Figure Home Equity Line

Your next project is
on the house

With the Figure Home Equity Line, you can finance your next project with a rate as low as 4.99% APR1.

Pre-qualification does not affect your credit score

Build your dream home faster

All-digital, no hassle
All-digital, no hassle

Figure's application is 100% online. Get approved in 5 minutes and funding in 5 days2.

Keep your low rate
Keep your low rate

Borrow up to $150,000 with a fixed rate that won’t change over time, starting at 4.99% APR1.

No ongoing fees
No hidden fees7

Besides the origination fee1, you won’t be charged fees on application, appraisals or maintenance.

Pre-qualification does not affect your credit score

See what people are saying about us

Figure Customer Review

"Oh Happy Day!! Figure approved our loan within an hour tops and our loan was fully funded within a week. THANK YOU Figure! I can’t wait for my new bathrooms."

- Leah N.

How we compare

Figure’s HELOC offers one of the quickest and easiest ways to combine your debt.

FigureCredit
Card
Personal
Loan
Traditional
HELOC

Average APR6

4.99 - 13.74%1

15 - 20% (floating)

12 - 14%

5 - 10% (floating)

Same-day approval

Yes

Yes

Maybe

No

Funding in 5 days2

Yes

Yes

Maybe

No

Tax deductible5

Yes

No

No

Yes

No ongoing fees*

Yes

No

No

Maybe

Fixed monthly payments

Yes

No

Yes

No

* Origination fee

Ready to get started?

Figure Home Equity Line

Ready to get started?

Figure Home Equity Line
  • Check your rate by sharing a few quick facts
  • Choose your loan amount and submit your application
  • Receive your funds!

Pre-qualification does not affect your credit score

Questions? We’re here to help.

Do your loans have tax benefits?

If you use your loan for home improvements, you may be able to write the interest off on your taxes5.

What loan amounts does Figure offer?

Figure offers loans from $15,000 up to $150,000. You’ll need a minimum credit score of 600, and the maximum Combined Loan-to-Value ratio is 95%.

Will checking my rate affect my credit score?

No, checking your rate will not affect your credit score. However, if you decide to take a loan, we may need to conduct a hard credit pull which can drop your score temporarily by a few points.

Can I pay my loan back early?

Of course. In fact, we encourage it if you have the means. It can save you interest charges.

How is this different from a home equity loan?

A Figure Home Equity Line offers a fixed interest rate, lump sum of money, and a unique ability to draw money later down the line.

What is an origination fee?

An origination fee is what we charge to give you a loan. It ranges from 0 to 4.99% of your loan value, depending on where you live. (This is the only fee we’ll ever charge—we promise!)