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If you’re looking for a company that uses new technology and innovations to help their customers get home equity loans, you’ll want to check out Figure. They have an easy pre-qualification process that does not affect your credit score. You can borrow up to $100,000 with a low origination fee and no appraisal fee, maintenance fees or pre-payment penalties. You just need a credit score of 680 or higher, and you can find your rate in just one click! And another great thing – the amount you borrow can be tax deductible! (You should make sure to speak with a tax advisor about deductibility.) What innovations does Figure use? Both current and potential customers can utilize their Live Chat option to speak with customer service representatives during business hours. Those who would rather communicate a different way can also call or email customer service. Figure also has an eNotary, which allows you to legally sign documents from the comfort on your own home. Figure is also one of the companies that have embraced blockchain, a data network that is incredibly fast and secure. With this and the use of artificial intelligence and analytics, borrowers are able to get home equity loans faster than ever before. Figure currently is licensed in 36 states (AL, AR, AZ, CA, CO, CT, FL, GA, ID, IL, IN, KS, LA, MA, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, OH, OK, OR, RI, SD, TN, WA, WI, and WY) , with plans to get licensed in even more. Their headquarters are in San Francisco, CA, and they have additional locations in Nevada and Montana. Home equity loans can be used to consolidate debt, pay for renovations, or more. Find out if a Home Equity Loan is right for you! This bank profile is not an endorsement or advertisement for the bank's products and services. RateZip is an independent publisher of bank information.