Is Figure a legitimate company?
Is Figure Reputable? Figure has an "excellent" rating on Trustpilot with 4.6 out of five stars. The company is not yet rated with the Better Business Bureau. In 2021, the Consumer Financial Protection Bureau received three complaints related to Figure Lending's home equity line of credit product.
Is Figure a good lender?
Figure is best for home improvement, debt consolidation and online loans. Figure won a large number of Bankrate awards for 2022: best for borrowers with fair credit, best for home improvement, best for debt consolidation, best online lender and best innovative home equity product.
How long does it take Figure to approve a loan?
Figure's entirely online application process makes applying quick and easy. You can be approved in as little as 5 minutes and funded in as few as 2 days. Most funding occurs within 1 to 2 business days after approval.
Does Figure require an appraisal for a HELOC?
100% online application
Our application is fast, easy, and all online. No in-person appraisal needed.