Figure Logo

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.

Find my rate

Code cannot be empty.

Featured in

Top projects for Figure HELOC customers

    Backyard transformation

    Transform your outdoor space into a breathtaking retreat with Figure's HELOC. Imagine a shimmering pool, vibrant landscaping, or a cozy patio.

    Kitchen revamp

    Ready for a luxurious kitchen makeover? Opt for top-tier countertops, modern cabinets, and high-end appliances with the help of a HELOC.

    HVAC upgrade

    Ensure comfort in every season by upgrading your HVAC system. Figure's HELOC provides the financial flexibility to install an energy-efficient system.

    ADU

    Expand your living space or add potential rental income with an Accessory Dwelling Unit. Whether it's a guest house, rental property, or in-law suite, a HELOC can finance the addition.

    Solar installation

    A HELOC from Figure makes it easier to fund your solar project, promoting energy savings and environmental sustainability.

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 disclaimer From attics to basements, and everything in between.

Figure HELOC

Cash-Out Refinance

Fixed rateYesYes
Shorter termsYesNo
No Closing CostsYesNo
No Out-of-Pocket CostsYesNo
Ability to RedrawYesNo
Fast Access to CashYesNo
No Out-of-Pocket CostsYesNo

What can I use a home equity line of credit for?

A HELOC can be used for many different purposes such as:

Home improvement

Finance your next project.

Learn more
Slide 1 of 5
Find my rate

Explore articles about home improvement and better ways to spend your money

Stay in the community you love while building your dream home.

Need more information before you apply?