Is figure HELOC a good lender?

Figure HELOC reviews are mixed. The lender has a 1.58 out of 5-star rating based on 52 customer reviews on the Better Business Bureau (BBB) website. Figure isn’t BBB-accredited, but it does have an A+ BBB rating. The lender’s ratings on Trustpilot are much more positive, with a 4.3-star rating based on 2,175 customer reviews.

What is a figure HELOC?

Figure HELOCs are best for borrowers who want quick access to funds and a straightforward application process. Borrowers in most states won’t have to deal with an in-person appraisal or a multi-day approval process. A HELOC from Figure may also be a solid option if you need help deciding between a HELOC and a home equity loan.

Is figure a good company to buy HELOCs?

Figure has an "excellent" score of 4.5 out of five stars, based on more than 2,400 reviews, on Trustpilot. The Consumer Financial Protection Bureau received nine complaints in 2023 related to HELOCs from Figure Technologies, holding company of Figure. Most complaints were related to trouble with the payment process.