You’ll need to meet some requirements to get a Figure Home Equity Line. And each application requires verification of the applicant’s job, self-employment, or retiree status to be processed. Those who are currently without jobs are not eligible for a loan from their company.

Several factors go into Figure’s evaluation, including the information you provide on your application, such as your credit history and the value of your house. If you were rejected, it’s likely because you didn’t meet any required standards. All the information you need to know about why your application was denied is included in the Adverse Action Notice.

Payments to Figure must be made using the Automatic Clearing House (ACH). Consumers can make one-time payments or sign up for automated payments. When you sign in to your Figure account online or through the mobile app, you can access various tools for handling your financial obligations.

If you are in the market for a home-equity line of credit, you should seriously consider Figure because of its competitive interest rates and cutting-edge application process. You’ll be able to get approved in as little as 5 days if you meet the requirements!