Figure Home Equity - Reviewed & Compared

Company Overview

Quick application process and funding in 5 days. No need to give up your low mortgage rate. The whole process is online, so you can apply whenever and wherever is easiest for you. No fees for the application, appraisal, title or pre-payment. The application is simple and straightforward. Founded in 2018, Figure is a relatively new online lending platform and is an all-digital product – so all the “paperwork” is done online through their easy-to-use website. We really like the simplicity of the application and how quick the whole process is from start to finish.

MORE: Calculate your monthly mortgage refi payment

What Figure Does Best

With funding in 5 days, they get you your money fast. We also like the rates, with APRs starting at only 4.99%, Figure has the best terms around for a home equity line.

MORE: Calculate your monthly mortgage refi payment

Any Negatives?

They’re not BBB accredited just yet, but they are a relatively new company so that doesn’t bother me too much.

What Others Are Saying

They have a 9.4/10 rating on TrustPilot with 91% of reviews calling the company “Excellent”.

Our Final Verdict: 0/10

Figure is changing the home equity game by having a fast and transparent application process that is fully online. And their APRs are really competitive for qualifying borrowers.