Figure Home Equity Line

Use Figure to fund your home improvement

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.

The best way to fund home improvement

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.

Can you get a home improvement line of credit for a pool?

Pools don’t typically an excellent resale investment. But if having a pool suits your lifestyle, a home improvement loan can be a great way to finance the cost of a swimming pool.

Are home improvement lines of credit tax-deductible?

The money you borrow from home improvement lines of credit aren’t tax-deductible, but you may be able to deduct the interest on home improvement lines of credit.

Is a home improvement line of credit a good idea?

A loan for some home improvement projects can be a good idea, especially if you’re using the loan on home improvements that increase the value of your home. And a home equity line of credit can potentially get you a better interest rate than an unsecured or personal loan can.

What credit score is needed for a home improvement line of credit?

A FICO credit score of 620 or higher may be needed to be approved for a home improvement line of credit. Figure, however, approves some applicants with lower loan-to-value ratios with FICO scores of 600 or higher.

How hard is it to get a home improvement loan?

The better your FICO score, the easier it will be to get a home improvement loan. If you opt to go with a home equity line of credit to fund home improvements, you’ll also need to make sure the equity in your home is 20% or more.

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%.

Learn more about home improvement loans

As part of the Figure community, you’ll get access to leading financial experts, industry events, and our unparalleled customer service team.