Apply For Your Fast Online HELOC Without An In-Person Appraisal

Checking your rate does not impact your credit score3: Navigates to numbered disclaimer

16+ Billion in Equity unlocked with Figure's platform
Trustpilot rating: 4.8 out of 5 stars  Opens in a new window.

The #1 non-bank home equity line
of credit in the U.S.*

Featured in

ForbesBloombergThe New York Times

How Figure stacks up to other kinds of loans

Compare side-by-side to help you make an informed decision about tapping into your home’s equity.

Figure
HELOC
Average Personal Loan*Traditional Bank HELOC***
Tax benefitsInterest may be tax-deductible if used for home improvements**Not tax deductibleFor home improvement (be sure to consult a tax professional)
Loan amountBased on home equity, can be up to $750k5: Navigates to numbered disclaimerVaries by lender—typically up to $100kVaries by lender —typically up to $400k
Fund disbursementGet funding in as few as 5 days on loans of $400K or less2: Navigates to numbered disclaimerVaries by lender, 1-3 days after approval2-6 weeks
Application100% online, see your rate in minutesVaries by lenderVaries by lender—may require in-person appraisal
Average APRLower4: Navigates to numbered disclaimerHigherVariable rates, potentially higher
  • * money.usnews.com/loans/personal-loans/articles/personal-loan-vs-home-equity-loan-which-is-better
  • ** Please consult a tax advisor regarding the deductibility of interest and charges to your Figure Home Equity Line.
  • *** lendingtree.com/home/home-equity/the-fastest-way-to-tap-your-home-equity/

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

Find my rate

*Based on borrowing 80% of your current home value

What can I use a home equity line of credit for?

A HELOC can be used for many different purposes such as:

Home improvement

Finance your next project.

Learn more
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Find my rate

Faster Than a Traditional Bank - Unlock Your Equity Online in Just 1-2-3 with a Figure HELOC

  1. 1

    Complete our 100% online
    application

    No in-person appraisal needed for loans under $400K. Prequalification won’t affect your credit score3: Navigates to numbered disclaimer. You’ll
    instantly see your HELOC options.

  2. 2

    Get approved in 5 minutes,
    funding in as few as 5 days2: Navigates to numbered disclaimer

    Borrow from $15,000 to $750,0005: Navigates to numbered disclaimer with one-time
    origination fee.6: Navigates to numbered disclaimer Easy online notary services in most locations
    with expert support.

  3. 3

    Option to redraw up to 100%1: Navigates to numbered disclaimer

    Take advantage of the option to take additional draws
    as needed.

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 customerCAD

3387 Excellent Reviews on  trust pilot

Trustpilot reviews  Opens in a new window.
Slide 1 of 4

Frequently asked questions