Partner HELOC for
Home Improvement Companies
Provide customers with a financing solution to support their home improvement needs. Partners can help their customers unlock up to $400k1navigates to numbered disclaimer to reinvest in their home by using a HELOC. Get in touch with us to learn more!
$2 billion
home improvement loans per year7navigates to numbered disclaimer
$400,0005navigates to numbered disclaimer
up to $400k approval in less than 5 minutes
5 days
time for your client to get funding2navigates to numbered disclaimer
Larger loans, longer terms, and lower rates
| Figure's HELOC | Home Improvement Loans | Personal Loans* | |
|---|---|---|---|
| Prevailing rates | 7.40% - 17.20% APR6navigates to numbered disclaimer | 7%-19% APR | 12%-25% APR |
| Term length | Up to 30 years | Up to 20 years | 3-5 years |
| Loan amounts | Up to $400k5navigates to numbered disclaimer | Up to $100k | Up to $100k |
| Funding time | 5 days2navigates to numbered disclaimer | At project completion | 3-5 days |
| Fast approval | Less than 5 minutes | Less than 5 minutes | Less than 5 minutes |
| Re-draw (line of credit) | |||
| No dealer fee | |||
| Contractor paid by client | |||
| Online partner portal |
How contractors can leverage the Figure HELOC in 3 easy steps
- 1
Discuss financing
- Discuss over the kitchen table. Text a link to apply. Embed a link in your quote, estimate, or invoice — it's up to you!
- 2
Pre-qualify for a HELOC in 5 minutes
- Your clients complete a quick online application that won't affect their credit score.3navigates to numbered disclaimer
- They'll immediately see their HELOC options — with maximum funding amount, monthly payment, interest rate, and term length.
- Approvals occur in less than 5 minutes.
- 3
Funding in 5 days.2navigates to numbered disclaimer
- Your clients choose an option, and then complete the final steps of the application. Once completed, they'll receive funding in as few as 5 days.