Last Updated: 02/02/2026
SuperMoney User Recommendation Score +53
Strongly recommended19 total votes
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Highlights
Community Rating
Strongly recommended
Credit Score Range
620 - 850
Amount Range
$100,000 - $1,500,000
Loan Term (Years)
30
Number of Reviews
Figure Mortgage Refinance Review
Figure Mortgage Refinance is offered by Figure Lending LLC (NMLS #1717824), a direct lender founded in 2018 and based in Charlotte, NC. Figure mortgage are available in 33 states.
Key Takeaways
- No-closing-cost mortgages available. This option allows you to include the closing costs into the new loan, so you don't pay for these expenses upfront.
- Origination fee of 2%. This is on the low end for lenders that charge an origination fee. However, some lenders don't charge an origination fee.
- Instant online preapprovals. Find out how much you can borrow and what your interest rate will be.
- Specializes in single-family homes. Only offers mortgages for single-family homes, but not for multi-family properties or manufactured homes.
- Standard interest rates types. Figure Mortgage Refinance only offers fixed-rate mortgages.
- Only primary residences considered. Figure Mortgage Refinance does not refinance vacation or investment properties.
- Fast process. In some cases you can refinance your mortgage loan within 4 business days.
- Maximum LTV. Figure Mortgage Refinance has a maximum loan to value ratio of 75%.
- Fair credit accepted. Borrowers with a credit score as low as 620 may qualify for Figure Mortgage Refinance.
- Debt-to-income ratio less than 43%. Figure Mortgage Refinance requires a debt-to-income ratio of less than 43%. Your DTI is calculated by dividing your monthly debts (including your proposed mortgage payment) by your monthly income and multiplying by 100.
Figure Mortgage Refinance Pros & Cons
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Figure Mortgage Refinance FAQ
What range of mortgage balances will Figure mortgage refinance?
Mortgage refinancing loans start at $100,000 and go up to $1,500,000
What is the maximum loan term for a mortgage refinance via Figure mortgage?
The term of a mortgage refinance will impact the cost of your monthly payments. Longer terms will typically reduce your monthly payments but it will also increase the interest you pay. Figure Mortgage Refinance offers 30-year mortgage refinancing loans.
How long does Figure mortgage take to refinance?
Figure mortgage does not provide details on the average time to close a refinance. However, it typically takes 30 to 45 days to complete a refinance. Of course, a lot depends on the market, the lender, and how long appraisals and inspections take.Does Figure mortgage charge a mortgage origination fee?
Yes, Figure Mortgage Refinance will charge a loan origination fee of 2% of the loan amount .
Does Figure mortgage charge prepayment fees?
No, Figure Mortgage Refinance does not charge prepayment fees. This means you will not have to pay additional fees if you decide to repay the mortgage early.
What property usage types does Figure mortgage allow?
Some mortgage lenders restrict the type of usage borrowers give mortgaged properties. Figure Mortgage Refinance allows the following property usage types:
- Primary home
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Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.
Message from Figure mortgage
Hours of Operation
Sunday
Closed
Monday
9:00AM - 6:00PM
Tuesday
9:00AM - 6:00PM
Wednesday
9:00AM - 6:00PM
Thursday
9:00AM - 6:00PM
Friday
9:00AM - 6:00PM
Saturday
9:00AM - 6:00PM
Other Services by Figure Lending LLC
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2
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6 Reviews
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16
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23 Reviews
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Learn MoreSuperMoney Net Recommendation Score
SuperMoney users strongly recommend this product, giving it a user recommendation score of +53, or 4.1 on a 5-point rating scale.
+53
-1000+100
No one recommends
Everyone recommends
Figure Mortgage Refinance Community Reviews
Would you recommend Figure Mortgage Refinance to your friends?
MC
Mazhar C.
Nov 25, 2022
May or may not recommend
Figure Mortgage refinance was an excellent choice for my family. We opted to get our refinance loans through them because Fugure provided excellent services, no repayment fee, the origination fee is 2%, and they even offer late fee grace period of 15 days— which is perfect if you’re paid after the monthly due date. Figure is very reasonable and highly helpful.
BK
Brandon K.
Aug 23, 2021
May or may not recommend
Figure Mortgage refinance was an excellent choice for my family. We opted to get our refinance loans through them because Fugure provided excellent services, no repayment fee, the origination fee is 2%, and they even offer late fee grace period of 15 days— which is perfect if you’re paid after the monthly due date. Figure is very reasonable and highly helpful.
HG
Heywood G.
Jul 31, 2021
May or may not recommend
I refinanced with them and it became a 3-month long ordeal. Mis-communication, loan officer who could barely speak English and was totally inept when it came to the figure portal and even proper phone etiquette and totally inexperienced in general. Get your refinance somewhere else.
TJ
Travis J.
Jul 23, 2021
May or may not recommend
They made my refinance quick and easy. Never expected to have to refinance but life comes with those sudden surprises and Figure was the best for the job.
FC
Florencia C.
Jul 22, 2021
May or may not recommend
Figure Mortgage Refinance offers a very quick and easy application process option that can be completed in less than 20 minutes! Their website is very informative and easy to understand. The costumer service stands out for being very friendly.
JR
Jay R.
Jul 20, 2021
May or may not recommend
It might not make the "Top 5 Best Refinancing Companies" in flashy online reviews, but Figure is easy to use, their website is super intuitive, and they allowed me to compare their services with the services of other similar companies, which I really appreciated.
Maci B.
Jul 14, 2021
May or may not recommend
I would recommend using figure mortgage refinance it's a good choice when it comes to refinancing your mortgage
PN
P N.
Jun 11, 2021
May or may not recommend
I refinanced my mortgage, and I found the best company to do just that. They have helped reduce my interest rate considerably, and I can breathe a lot easier these days, knowing I don’t have to pay an exorbitant amount of money each month. To anyone who was looking into refinancing your mortgages, trust me this will be the best company to pick.
DJ
Daniel J.
Jun 7, 2021
May or may not recommend
For me, I will recommend this service. Its credit score requirements are moderate, quality customer service, and timely processing.
Boris N.
Jun 3, 2021
May or may not recommend
I don't like that they only accept Fair or Good credit as a good majority of people don't have fair or above credit . I also don't like the origination 2% fee. I think the end user gets to pay for it for a long time within the loan.
SA
Samuel A.
May 18, 2021
May or may not recommend
My aunt testified the good experience she had with Figure Mortgage, she spoke well of their rapid customer service, and their $0 repayment fee and also how she completed the whole process online without any confusion.
RC
Robert C.
May 6, 2021
May or may not recommend
Figure is the best ever mortgage company when comes to borrowing money against the equity you have in your home and get that money as a line of credit. Figure services is very professional and their customer relationship approach is super amazing . Thank you and super great work . Keep it up !
FO
Francisco O.
Apr 28, 2021
May or may not recommend
It was the mortgage refinance provider I used to offset my mortgage. Their customer service was very unresponsive initially, but I began to have a good treatment after reporting to the manager. I had a wonderful experience with them. They were helpful to explain things unknown to me. I can not say for the fact that their customer representatives are now fair to all so it's a bit difficult to ...Show More
OA
Ogechi A.
Apr 23, 2021
May or may not recommend
Have you ever been given paper works and you automatically get migraine? Sometimes it can really be tasky and that's where Figure Mortgage Refinance comes in. With their loan products you eliminate appraisals with zero paperwork. Great work
AC
Artem C.
Sep 17, 2020
May or may not recommend
My mortgage application has been processing for over 90 days and every time I contact them, I get 'Sorry the processor is in a meeting they will get back to you soon' only to never be contacted. This has been the response for the last 2 months. If you want a refinance to happen sometime in the next 3 months. Go somewhere else.
U
Anonymous
Sep 15, 2020
May or may not recommend
Rude and unprofessional staff. Would not recommend. Lots of other companies in the space with better rates and better service.
Web F.
Aug 28, 2020
May or may not recommend
Figure Mortgage really helped answer all the questions I had in regards to different mortgage products. They were patient which I greatly appreciated! I was able to get a HELOC with a reasonable rate. The process was fast and painless. Everything was done electronically. We closed our loan within 25 days of signing the loan docs. The mortgage broker I worked with, Ed, was available via text and never made ...Show More
JM
Johnson M.
Aug 6, 2020
May or may not recommend
Figure provided me amazing service over the phone. They care about their customers and love to check in to make sure everything is going as it should. They explained the strange bits to me without making it confusing and sketchy. We sold our old home successfully and I doubt I'd have made notable profit without Figure. I'm very grateful for their team.
NC
Naomi C.
Aug 6, 2020
May or may not recommend
The process with figure mortgage refinance was really easy and the customer care was great.
Showing 19 of 19 reviews
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