Home equity fintech Figure announced its collaboration with three mortgage companies as white label partners to get its HELOC solutions to more consumers. 

Guaranteed Rate, Homebridge, and Synergy One have partnered with Figure to leverage Figure’s HELOC technology to create a branded product for their customers in 41 states and Washington, D.C. Figure’s HELOC application process is entirely digital, with an application taking as few as 5 minutes to complete and approval coming in minutes.

Figure also announced that it saw record demand for its Figure-branded HELOC product in June, surpassing $325 million in funding volume over the month. That June total was the eighth consecutive record month for Figure’s HELOCs and represents a nearly 300 percent increase over the past year.

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