Use your home’s value to fund your home upgrades
- Make the most of your property’s value by tapping into your home equity for up to $750,000.5: Navigates to numbered disclaimer
- Using your home equity to pay for home improvement can be tax deductible.7: Navigates to numbered disclaimer
- Lower monthly payments and larger amounts than other home improvement loans or credit cards.4: Navigates to numbered disclaimer
- See your rate as of September 5, 2025. Checking your rate won’t impact your credit score!3: Navigates to numbered disclaimer
Checking your rate will not impact your credit.3: Navigates to numbered disclaimer
3,573 Excellent Reviews on Trustpilot rating: 4.8 out of 5 stars Opens in a new window. Opens in a new window.
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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.
Why get a Figure HELOC for your home improvement project:
100% Online Application
Don't leave your contractor waiting. Get approval in as few as 5 minutes and funding in as few as 5 days.2: Navigates to numbered disclaimer
Borrow more for less
HELOCs typically offer lower payments, higher amounts, and longer terms than personal loans, credit cards, and other kinds of home improvement financing.4: Navigates to numbered disclaimer
Potential Tax Breaks
Depending on how you use the loan, interest payments may be tax deductible which isn't the case for a personal loan. Be sure to consult a tax advisor.
Consistent Payments
Pay the same amount each month; no matter what the market does. No penalty for prepayment if you want to pay it off early.1: Navigates to numbered disclaimer
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
See why a HELOC is a better option for home improvement projects:
| Figure HELOC | Average Personal Loan*: Navigates to table disclaimer | |
|---|---|---|
| Application | 100% online, see your rate instantly | Varies by lender |
| Rate Type | Fixed1: Navigates to numbered disclaimer or variable8: Navigates to numbered disclaimer | Fixed |
| Amount | Up to $750k5: Navigates to numbered disclaimer | Up to $100k |
| Prepayment penalty | None | Possible |
| Tax deductible | For home improvement
(be sure to consult a tax professional) | Not tax deductible |
| Overall cost | Lower | Higher |
HELOC for home improvements
Their online platform was great! Everything moved forward with ease and stress free. Great HELOC company. In times when HELOCS are scary, Figure helped us so we can remodel our home.
Written by customer— Xavier C.
Excellent process
Figure makes the borrowing process simple, fast and easy online. Everything can be done online with high security and ease. From loan application to disbursement of funds takes a mere five days. And that was including weekends. The rates are fair and the monthly payments are affordable. Great experience and transaction.
Written by customer— Mike
I can't believe how efficient and fast these folks are.
2 top lenders in the mortgage realm dragged their feet hoping I would give up my 2 percent mortgage with a growing $200K of equity in my home. But the folks at Figure new what my goal was in trying to get some money to pay off some debt and fix up my kitchen a bit. Me and my wife are thrilled and I would highly recommend them over Rocket and or Discover.
Written by customer— S Passehl
Just what I needed at the right time.
Got a FIGURE preapproval offer in the mail. Did some math and it made sense. Cut my monthly payments from 1400.00 down to 480.00 and even was able to do upgrades to the house and a project truck. I have no plans to need the additional draw so no worries about the interest rate going up. The process seemed too easy and the funds were in the bank in less than a week.
Written by customer— John K
Satisfied homeowners
My husband and I are very satisfied with the service we received from Figure Lending. We established a Home Equity Line of credit with them and were able to utilize it to do some home repairs and renovation. The experience and procedure of obtaining loan was very simplistic. Although we will be paying off this loan in full (selling house) we definitely plan on using Figure in the future if the need arises.
Written by customer— Lynne
3575 Excellent Reviews on trust pilot
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