Figure Home Equity Line
Fastest FundingFigure
4.8
7.35%–15.54% APR$15,000–$400,000Fee: 0%–4.99% of draw amount (rolled into balance)Min credit: 640+
APR Range
7.35%–15.54%
Loan Amount
$15,000–$400,000
Term
60–360 mo
Origination Fee
0%–4.99% of draw amount (rolled into balance)
Our take
Figure pioneered the all-digital HELOC and remains the speed leader — funding in as little as 5 days. Unlike traditional HELOCs it uses a fixed rate per draw, adding predictability but meaning you won't benefit if rates drop. Origination fee (0–4.99%) is rolled into the balance rather than paid upfront.
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Full details
| Minimum loan amount | $15,000 |
| Maximum loan amount | $400,000 |
| Lowest APR | 7.35% |
| Highest APR | 15.54% |
| Shortest term | 60 months |
| Longest term | 360 months |
| Origination fee | 0%–4.99% of draw amount (rolled into balance) |
| Minimum credit score | 640+ |
| Funding speed | As fast as 5 business days |
Frequently asked questions
What is the APR range for Figure Home Equity Line?
Figure Home Equity Line offers APR from 7.35% to 15.54%. Your actual rate depends on creditworthiness, loan amount, and term length.
How much can I borrow with Figure Home Equity Line?
Loan amounts range from $15,000 to $400,000. The amount you qualify for depends on your income, credit score, and existing debt.
What credit score do I need for Figure Home Equity Line?
A minimum credit score of 640 is typically required. However, meeting the minimum doesn't guarantee approval — lenders also consider income, debt-to-income ratio, and employment history.
Does Figure Home Equity Line charge an origination fee?
Yes, Figure Home Equity Line charges an origination fee of 0%–4.99% of draw amount (rolled into balance). This is deducted from your loan proceeds before disbursement.
How fast can I get funded with Figure Home Equity Line?
Figure Home Equity Line typically funds loans within As fast as 5 business days. Actual funding time may vary based on verification requirements and your bank.
Is Figure Home Equity Line worth it?
Figure pioneered the all-digital HELOC and remains the speed leader — funding in as little as 5 days. Unlike traditional HELOCs it uses a fixed rate per draw, adding predictability but meaning you won't benefit if rates drop. Origination fee (0–4.99%) is rolled into the balance rather than paid upfront.
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Verified Mar 2026
Figure Home Equity Line