Figure offers a loan called the Figure Home Equity Line. It’s an all-digital product, which means you can get approved virtually instantly and receive funding quickly. You can use loan funds for any purpose and interest rates are considered competitive.
Point Home Equity will invest in your home equity, allowing you to access cash without borrowing. You don’t make monthly payments, but you will need to buy back your equity when you sell the home or by the end of your end of the term.