Apply For Your Fast Online HELOC Without An In-Person Appraisal
- Apply with our online application. Funding in as few as 5 days2: Navigates to numbered disclaimer
- Get your rate as of July 10, 2025. 5 minute approval. No impact to your credit score.3: Navigates to numbered disclaimer
- Faster than a bank loan, cheaper than a personal loan.
- Get the funds you need now to start that home improvement project or consolidate your debt.
Checking your rate will not impact your credit.3: Navigates to numbered disclaimer
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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
One of the easiest loans I have ever received.
All is done online and with the proper information they wanted I received money in six days. I have recommended Figure to those looking for loans.
Written by customer— CAD
Painless way to borrow money
I wanted a HELOC for debt consolidation purposes and Figure made it happen for me all at my computer keyboard! Favorable terms with ability for early repayment. Recommend highly!
Written by customer— Laurence J.
Figure was a breath of fresh air...
After going crazy with a different HELOC company, Figure was a breath of fresh air. I was approved and closed within 24 hrs. The money should be delivered within 5 business days. Rates were on par and flexible choices sealed the deal.
Written by customer— Steve M.
Quick and painless HELOC
I had started a traditional HELOC application with a standard bank and it was taking forever -- five-plus weeks. I decided to try Figure to see if I could get things done faster and it was incredibly quick and easy, and basically the same rate. I wish I'd gone with them first!
Written by customer— Margaret H.
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