No in-person appraisal needed for loans under $400K. Prequalification won’t affect your credit score. You’ll instantly see your HELOC options.
Borrow from $15,000 to $750,000 & No origination fee.: Navigates to numbered disclaimer
Easy online notary services in most locations with expert support.
Take advantage of the option to take additional draws as needed.
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 HELOC* | Traditional Bank HELOC* | Average Personal Loan** | |
|---|---|---|---|
| Application | 100% online, see your rate instantly | Varies by lender, may require in-person processes | Varies by lender |
| Payment 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 days on loans of $400k or less | Could be weeks | Varies, generally quick |
| Average APR | Competitive, fixed rates | Variable rates, potentially higher | Typically higher than HELOCs |
