Figure – Personal Loan
Figure offers fast online HELOCs with funding in as little as 5 days, leveraging blockchain technology for transparent terms and competitive rates.
Applying does not obligate you to accept a loan offer.
Figure HELOC – Review 2026
Figure is a San Francisco fintech that uses blockchain technology to streamline the home equity line of credit (HELOC) process. What traditionally takes weeks at a bank can be completed online with Figure in about 5 days.
Figure HELOC Details
Lines range from $15,000 to $400,000 with terms of 5, 10, 15, or 30 years. APRs start at 7.85%. Figure requires you to draw 100% of the loan amount at closing — meaning it functions partly like a fixed-rate home equity loan.
✓ Pros
- Fastest HELOC closing
- Fully online
- High loan limits
- Fixed rates available
✗ Cons
- Origination fee up to 4.99%
- Must draw 100% at closing
- Not in all states
Loan Example
Example: $50,000 HELOC over 10 years at 9.99% APR = monthly payment of $660.43, total payable $79,251.60.
Eligibility Requirements
- ✓ Age 18+ years
- ✓ US citizen or permanent resident
- ✓ Home in eligible state
- ✓ Credit score 640+
- ✓ Sufficient home equity
Loan Features
- Funding in 5 days
- 100% online application
- HELOC up to $400,000
- No appraisal needed (most cases)
- Fixed-rate draws
Frequently Asked Questions
5 days after submitting your application.
The minimum amount at Figure is $15,000 USD.