According to the 2024 U.S. Houzz & Home Study, more than 20% of renovating homeowners use some type of financing to pay for their home remodel, and of those using secured home loans, more than half are leveraging HELOCs.

A HELOC allows homeowners to borrow against the equity they've built in their home over time, providing a flexible and affordable way to fund renovations. 

Figure’s digital HELOC application process uniquely enables approvals in as little as five minutes and funding in as little as five days(2). This is compared to traditional HELOC application processes that can take on average 40 days and may require in-person meetings, extensive paperwork and lengthy approval timelines. Figure’s fast approval and funding ensures homeowners can confidently start their project with cash in hand.

Figure offers a wide range of loan options, dependent on credit approval and your client’s needs. Benefits include: Competitive, fixed interest rates(1) Higher loan amounts — tap into home equity for up to $400,000(5) Multiple loan term options — 5, 10, 15, or 30-year loans available(6). Additional draws available as you pay off your initial loan (up to 100% of your total loan amount)

When considering financing options for your project, it's essential to understand the different plans and payment amounts available.

With Green Sky’s mobile app, we provide tailored options that align with your project needs. Our financing solutions are designed to suit you perfectly! You can receive paperless credit options in seconds, making the process quick and efficient. Let us help you bring your vision to life while ensuring your financial comfort.

Understanding your options and planning your payment strategy are vital steps in ensuring that your project progresses smoothly. At H&L Design + Build, we aim to make this aspect of the process as straightforward as possible for you.

By keeping communication open and transparent, we ensure that you are fully informed at every stage of the payment process. Our goal is to make each step seamless, so you can focus on the excitement of your upcoming project.