Figure Home Equity

Figure is a US financial technology company founded in 2018 that offers home equity lines of credit online. Homeowners check their rate, apply digitally, verify income and property value with automated tools, and in many cases receive approval and funding much faster than with traditional lenders. Figure uses blockchain technology and AI to record loans and reduce processing costs, and it also runs Figure Markets and other financial products. A HELOC can be used for renovations, debt consolidation or other expenses, but it is secured on the borrower's home, so failure to repay can put the home at risk. Rates, fees and eligibility depend on credit, property and location. For affiliates, Figure suits personal finance, home improvement and real estate content aimed at US homeowners, with clear disclosures. The listed programme pays per click rather than per loan.