Non-Qualified HELOC (Figure)
NQHELOCProject Safety Score: 15%
Updated 1 day, 18 hours agoMechanics
Distribution
& Market
Behavioral
Credibility
Figure Lending LLC ("Figure") is the largest U.S. non-bank HELOC originator ($25bn+ originated since 2018). Figure regularly holds these loans on its balance sheet, sells loans to institutional whole loan partners, and securitizes them. All loans offered on Democratized Prime are performing loans. Eligible collateral types and their underwriting standards are detailed below and may expand over time as new real estate-backed loan types are introduced. Current collateral composition and loan-level characteristics are available for review in this section.
Risk Report
Cryptocurrency carries risk. Every project listed on this site, regardless of its score, operates in a volatile and largely unregulated market. Tokens can lose most or all of their value. A high score reflects lower structural risk based on the data we can measure. It does not mean a project is safe, that the price will hold, or that losses are unlikely. Always research independently and never commit money you cannot afford to lose.
