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Figure HELOC
Figure HELOC

Figure HELOC

ProductOperating Status: Currently Offered

Figure HELOC is a blockchain-originated home equity line of credit offered by Figure to US homeowners.

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Overview

Figure HELOC lets homeowners borrow against home equity with approval in minutes and funding in days, marketing itself as the top non-bank HELOC lender in the United States. Borrowers can access up to $750,000 through a digital application built on Figure's Provenance Blockchain origination platform.

The product is used for debt consolidation, home improvement, and large expenses, with Figure reporting billions in equity unlocked across hundreds of thousands of households served.

Figure HELOC - Classification

Industry
  • Home Equity

Figure HELOC - Direct Competitors

  • Rocket Companies

    Rocket Companies logo

    Rocket Mortgage Home Equity Loan

    rocketcompanies.com

AttributeFigure HELOCRocket Mortgage Home Equity Loan
ProviderFigurefigure.com1.5B raised · Series DRocket Companiesrocketcompanies.com1.8B raised
Founded20181985
Sells To—Consumer
Ownership—Public Company
Figure HELOC

Provider Figurefigure.com1.5B raised · Series D

Founded 2018

Sells To —

Ownership —

Rocket Mortgage Home Equity Loan

Provider Rocket Companiesrocketcompanies.com1.8B raised

Founded 1985

Sells To Consumer

Ownership Public Company