There are several repayment plans available to assist in managing your student loan account. Each plan has specific requirements based on your circumstances and offers different benefits to aid in repayment. If you have questions or need additional assistance please contact us at (888) 819-6388.
Standard repayment is based upon the loan agreement and results in fixed monthly payments over the life of the loan.
Loan deferment options are available to borrowers who return to a qualifying Title IV school full time. Payments of principal or interest are not required during the deferment period but interest will continue to accumulate at the contract rate during the deferment period.
Loan forbearance options are available based on qualified financial hardship. Options are available in 3 month increments for a maximum forbearance up to 12 months over the life of the loan. Payments of principal or interest are not required during the forbearance period but interest will continue to accumulate at the contract rate during the forbearance period.
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Figure Lending LLC 100 West Liberty Street, Suite 600 Reno, NV 89501
Customer Support: 888-819-6388
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Figure Home Equity Line is currently suspended but is normally available in AL, AR, AZ, CA, CO, CT, DC, FL, GA, ID, IL, IN, KS, LA, MA, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, OH, OK, OR, PA, RI, SD, TN, VA, WA, WI, WY with more states to come.
Figure Mortgage Refinance is available in AK, AL, AZ, CA, DE, FL, GA, IA, ID, IN, KS, KY, LA, MA, MI, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, OH, PA, SD, TN, WA, WI, WV with more states to come.
Figure Student Loan Refinance is available in AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MT, NC, ND, NE, NH, NJ, NM, NV, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, WY with more states to come.
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This site is not authorized by the New York State Department of Financial Services. No mortgage solicitation activity or loan applications for properties located in the State of New York can be facilitated through this site.
† The Figure Home Equity Line is an open-end product where the full loan amount (minus the origination fee) will be 100% drawn at the time of origination. The initial amount funded at origination will be based on a fixed rate; however, this product contains an additional draw feature. As the borrower repays the balance on the line, the borrower may make additional draws during the draw period. If the borrower elects to make an additional draw, the interest rate for that draw will be set as of the date of the draw and will be based on an Index, which is the Prime Rate published in the Wall Street Journal for the calendar month preceding the date of the additional draw, plus a fixed margin. Accordingly, the fixed rate for any additional draw may be higher than the fixed rate for the initial draw.
1 Our APRs start at 4.75% for the most qualified applicants and are higher for other applicants. For example, for a borrower with a CLTV of 45% and a credit score of 800, a five-year Figure Home Equity Line with an initial draw amount of $50,000 would have a fixed annual percentage rate (APR) of 4.75% and a 4.99% origination fee. Your total loan amount would be $52,495.You will be responsible for an origination fee ranging from 0.00% to 4.99% of your initial draw depending on the state in which your property is located. The advertised rate is available only to borrowers using primary residences as collateral. Your actual rate will depend on many factors such as your credit, combined loan to value ratio, loan term and occupancy status. The advertised APR includes an autopay discount of 0.50%. APRs start at 5.25% for customers that do not opt in to autopay. Property insurance is required as a condition of the loan and flood insurance may be required if your property is located in a flood zone.
2 Five business day funding timeline assumes closing the loan with our remote online notary. Funding timelines may be longer for loans secured by properties located in counties that do not permit recording of e-signatures or that otherwise require an in-person closing.
3 Home values and price appreciation or depreciation are third-party estimates based on publicly available data and automated valuation models and do not constitute an appraisal of the subject property.
5 You should consult a tax advisor regarding the deductibility of interest and charges to your Figure Home Equity Line.
* State and city home valuation appreciation rates are based on Zillow home value estimates (https://www.zillow.com/home-values/ Opens a new window.),https://www.zillow.com/san-jose-ca/home-values/ Opens a new window.)