Figure Home Lease BackTM

Sell your house, keep your home. Figure buys your home and then grants you a lease to stay as long as you like.

Speak to a customer service professional

Bloomberg Radio888-819-6388Not for use by New York borrowers

Better than a
reverse mortgage

Figure Home Lease BackTM offers
more cash, no fees and
fewer
worries compared to a traditional reverse mortgage.

FigureReverse Mortgage
Upfront CashUp to 92%38–60%3
Age requirementNone62 years+
Origination feesNoneUp to $6,000
Mortgage insuranceNoneUp to 2%
Title insurance feesNoneUp to $3,000
Property taxesNoneUp to 2.4%
Home maintenance costsNone1%4

Benefits of Figure Home Lease Back

Access to funds

Access to funds

You’ll receive more cash up front and a debt-free solution compared to other financing options.

Stay as long as you like

Stay as long as you like

Your lease renews annually, giving you the flexibility you need to stay as long as you like.

Worry free/hassle free

Worry free/hassle free

Figure takes care of the cost and hassle of property taxes, homeowner’s insurance, and ongoing maintenance.

Choose the solution that fits your needs

Smart alternative to a reverse mortgage

Smart alternative to a reverse mortgage

Costs are rising faster than incomes for most retirees. Taking on debt isn’t a good solution for many. Yet reverse mortgages aren’t viable for most given their eligibility requirements, costs and complexity. Figure Home Lease Back is designed to help.

Lock in Your Gains

Lock in Your Gains

Ready to sell but not move? You're not alone. Homes are the largest nest egg for most of us. So we created an option for you to sell now and lock in current real estate prices, access the cash to pay off bills or make a down payment on your next home, or travel the world. It's up to you.

FAQs

Can I apply from any state?

Figure Home Lease Back is available in 12 markets: Atlanta, GA; Cincinnati, OH; Cleveland, OH; Dallas, TX; Houston, TX; Jacksonville, FL; Philadelphia, PA; Phoenix, AZ; Pittsburgh, PA; Reno, NV; San Antonio, TX; and Tampa, FL, but are expanding quickly. Join our waitlist.

Are there any financial requirements?

Minimum credit score is 620. The financials tend to work best for those homeowners with little mortgage debt (0-30%).

How long can I lease back my home?

You can stay for as long as you like as long as you make your rent payments and are not otherwise in default under the lease. We require a minimum of a 1-year lease.