Figure Home Equity Line of Credit
Home equity line of credit with 100% online application. Approval in 5 minutes, funding in 5 days. Draw on your home equity as needed.
Last checked on May 12, 2026. We may earn a commission when you click through.
Figure HELOC offers a quick and convenient way to access home equity, but borrowers should be aware of its higher APRs.
Figure Home Equity Line of Credit
Updated 2 days agoAt a Glance
Representative APR
6.65–15.0%
Loan Amount
$15,000–$400,000
Term
60–360 mo
Decision
—
About this loan
Figure's HELOC offers a fast, online application process with competitive rates, but potential borrowers should consider the implications of variable rates.
Our Verdict
Figure HELOC offers a quick and convenient way to access home equity, but borrowers should be aware of its higher APRs.
Best For
This option is best for homeowners looking for a fast, fully online application process and flexible access to funds.
Watch Out
Those with lower credit scores may face higher interest rates, making it less ideal for borrowers with poor credit histories.
What Customers Say
Customer feedback highlights the convenience of the online process, but some report issues with customer support.
Expert Analysis
If you're in need of a fast home equity line of credit, Figure HELOC might be worth considering. With an online application that promises approval in just 5 minutes and funding within 5 days, it caters to those who value speed and convenience.
The APR for Figure HELOC ranges from 7.60% to 15.60%, depending on your creditworthiness, which could be on the higher side compared to other lenders. Keep in mind that a minimum credit score of 640 is required, which may limit options for some borrowers.
Unlike traditional lenders that can take weeks for approval, Figure stands out for its digital-first approach, allowing you to draw on your home equity as needed. However, potential borrowers should also consider that the loan amounts range from $15,000 to $400,000, which might not suit everyone's needs.
Customer service experiences vary, with some users noting delays in responses. As with any financial product, we recommend checking the fine print for any hidden fees or terms that could affect your total cost. For more detailed information, refer to Figure's official site at figure.com/heloc.
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Rates shown are representative. Your actual rate may differ based on your circumstances. We may earn a commission for referrals.
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