Lock In Today’s Lowest HELOC Rate: 6.60% APR6: Navigates to numbered disclaimer — Fast Online HELOC
- Apply with our online application. Funding in as few as 5 days2: Navigates to numbered disclaimer
- Borrow from just $15K (ideal for smaller projects) up to $750,0005: Navigates to numbered disclaimer. Redraw up to 100% as you repay
- No in-person appraisal required for loans under $400K
- Get your fixed HELOC rate as of July 10, 2025. Checking your rate won’t impact your credit3: Navigates to numbered disclaimer
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How do HELOC interest rates work?
There are lenders that offer both variable rate and fixed interest rate home equity lines of credit. Figure’s HELOC is a fixed-rate1: Navigates to numbered disclaimer line of credit. A fixed-interest rate HELOC can provide payment predictability and peace of mind for borrowers.
Approval in 5 minutes, funding in as few as 5 days2: Navigates to numbered disclaimer
100% online application
No in-person appraisal needed. Get approved in 5 minutes.
Fixed rates1: Navigates to numbered disclaimer
The rate that applies to each draw is fixed at the time of the draw and won't change over time.
Borrow up to $750k5: Navigates to numbered disclaimer
Borrow up to $750,000 with one-time origination fee.6: Navigates to numbered disclaimer
Online video notary & support
Benefit from easy online notary services available in most locations, and expert support. We've got you covered.
How does Figure HELOC compare against other options
Explore your options and see why our straightforward online application, quick funding, and competitive rates make us the smart choice for your financial needs.
| Figure HELOC4: Navigates to numbered disclaimer | Traditional Bank HELOC* | Average Personal Loan** | |
|---|---|---|---|
| Application | 100% online, see your rate instantly | Varies by lender, may require in-person processes | Varies by lender |
| Prepayment penalty | Never | Possible, varies by lender | Possible |
| Tax deductible | For home improvement (be sure to consult a tax professional) | For home improvement (be sure to consult a tax professional) | Not tax deductible |
| Funding speed | Funding in as few as 5 days2: Navigates to numbered disclaimer on loans of $400K or less | Could be weeks | Varies, generally quick |
| Average APR | Competitive, fixed rates1: Navigates to numbered disclaimer | Variable rates, potentially higher | Typically higher than HELOCs |
- * lendingtree.com/home/home-equity/the-fastest-way-to-tap-your-home-equity/
- ** money.usnews.com/loans/personal-loans/articles/personal-loan-vs-home-equity-loan-which-is-better
What can I use a home equity line of credit for?
A HELOC can be used for many different purposes such as:
Fantastic, modern process for home equity loans
The process went exactly as I was told it would go. It was very seamless and hassle-free. This was a home equity loan process that was built and executed for the modern age. I really appreciated it.
Written by customer— PT
Easiest loan
Easiest loan I ever had all electronic and very fast had funding in 4 days. Awesome customer service.
Written by customer— Paul P.
Amazing!! I'm so glad I found this!!!
Great experience!...I've been searching for a good debt consolidation place for a while and this is the place for sure! Had a hiccup in the beginning because I had a credit lock but after I talked on the phone to this lady I was approved in no time and got my money in less than 10 days! Seamless fantastic operation!
Written by customer— Matthew M.
Easy, fast and convenient
This had to be one of the easiest and most convenient home loans we have ever applied for. They didn't require a home inspection like other lenders (which we had to pay for). They didn't request a lot of other paperwork to verify our financial history. Everything was done over the computer or phone. This is how I have always dreamed it could be! Thank you!
Written by customer— Jerry W.
Excellent service
The process wasn’t complicated and very fast. In less than a week we had our money in the our bank account.
Written by customer— Anthony J.
3311 Excellent Reviews on trust pilot
Trustpilot reviews Opens in a new window.Use our HELOC calculator to see how much you could qualify to borrow
The amount you can borrow with a HELOC will vary based on certain factors such as the appraised value of your home and what percentage of that value the lender will allow you to borrow.
To determine how much you can borrow with a HELOC, you need to first calculate the maximum amount of equity that could be borrowed. Figure’s loan amounts range from a minimum of $15,000 to a maximum of $750,000.5: Navigates to numbered disclaimer
Checking your rate today won’t impact your credit!
Adjust the chart below to create the custom amount that relates to you.
$800,000
Current Home Value
$550,000
Remaining Mortgage Amount
In this scenario, you could qualify to borrow up to
$90,000
Check Out Your Rate*Based on borrowing 80% of your current home value