Last Updated: 02/02/2026
Figure Mortgage Refinance
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in Mortgage Refinance from Figure Lending LLC
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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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