Create, update or renovate with Figure
A home equity line of credit, or HELOC, is a great financial tool available for home improvements due to low-interest flexible borrowing, flexible repayment, and potential tax deductions. It can be used for landscaping projects, kitchen remodels, new additions, roofs, HVAC, bathroom remodels, and more.
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See the benefits of financing your home improvement with Figure
Approval in 5 minutes. Funding in 5 days.1navigates to numbered disclosure
Call us at 888-819-6388 Monday through Sunday, 6am - 5pm PT.
100% online application
No in-person appraisal needed. Get approved in 5 minutes.
Option to redraw up to 100%
Lock in a lower rate with the option to redraw up to 100%.
Funding in as few as 5 days2navigates to numbered disclosure
Borrow up to $400,0005navigates to numbered disclosure with a one-time origination fee.6navigates to numbered disclosure
Online video notary & support
Our average response time is less than 45 seconds.
Compare HELOC vs. Cash-Out Refinance
Compare a Figure Home Equity line versus a Cash-Out Refinance to see how much you could save.5navigates to numbered disclosure From attics to basements, and everything in between.
| Figure HELOC | Cash-Out Refinance | |
|---|---|---|
| Fixed rate | ||
| Shorter terms | ||
| No Closing Costs | ||
| No Out-of-Pocket Costs | ||
| Ability to Redraw | ||
| Fast Access to Cash | ||
| No Out-of-Pocket Costs |
What can I use a home equity line of credit for?
A HELOC can be used for many different purposes such as:
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