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Turn home equity into

Bitcoin power

Use your home equity to buy BTC with our industry-first BTC HELOC. Waitlist spots are prioritized in order of sign-up — be among the first to access early access to our BTC HELOC and secure your place today!

*All HELOCs are offered by Figure Lending LLC (NMLS ID 1717824) through figure.com.

Join waitlist

How it works

Leverage the proven HELOC platform of Figure Lending LLC to tap your home equity and buy Bitcoin.

1

Sign up

Create a Figure Markets account and successfully complete onboarding.

2

Apply

Complete the HELOC application with Figure Lending LLC.

3

Get your BTC

If your loan is approved, BTC will be deposited to your Figure Markets account.

Terms

Disbursement
Draws are disbursed as BTC in Figure Markets wallet
Term
5, 10, 15 or 30 years
Payments
Monthly principal and interest, applied to the HELOC balance (fixed payment method)*
Max Credit Limit
$2*(0.85*Home Value - First Lien Amount) up to $400k
BTC Purchase
Through Figure Markets, at market price and rates
BTC Encumbrance
BTC is held as collateral in decentralized multi-party computation wallet
BTC Collateral Management
If the value of encumbered BTC falls below 50% of the outstanding HELOC balance, BTC will be liquidated through Figure Markets at market price and rates 1% liquidation fees
Excess Collateral
If the value of encumbered BTC is greater than the credit limit, customer can withdraw excess BTC collateral
New Draws
Redraws in BTC supported up to the initial credit limit during the draw period (2 to 5 years) up to the Initial Loan Amount**
Missed Payments
Encumbered BTC can be liquidated to satisfy missed payment
Prepayment
Fully prepayable without penalty
Origination Fee
0-4.99%*
Eligibility
US residents in all states except HI and TX***

* Terms and conditions apply. Terms subject to change and may vary depending on state requirements including those related to residency of
borrower and location of real property. See figure.com for more information.
**As long as the value of encumbered BTC is at least 50% of the outstanding loan balance
***Restrictions apply to both residents of the restricted states and states where the property is located.

Frequently AskedQuestions

How can you use a Bitcoin HELOC?*

Scenario 1:

You own a $500K home with a $300K mortgage

Initial set up

You decided to buy $291K worth of BTC using a $300K initial draw and credit limit (with a $9K or 3% origination fee) at a 10.5%* interest rate. Your monthly payments would be $2,744.22.

BTC Rally

After six months, BTC appreciates by 15%, increasing the value of your collateral. You sell a portion of your BTC holdings and use the proceeds to pay down $45K of your balance, reducing it to $254,268 (including monthly payments).

BTC Drop

The following month, BTC’s price drops by 10%. You take advantage of the dip by drawing an additional $45,731 to purchase BTC, bringing your balance back up to your original $300K.

Scenario 2:

You own a $600K home with a $400K mortgage

Initial set up

You are approved for a maximum credit limit of $280K in BTC, but you opt for a $100K initial draw and credit limit with a 15-year term.

BTC Crash

Shortly after your BTC purchase, the price drops by 50%, reducing the value of your collateral to $50K. You decide not to increase your margin or add additional collateral.

Liquidation

To protect your loan, your BTC holdings are liquidated, generating $50K, less any liquidation fees. Proceeds from the sale are applied directly to your outstanding balance. You are left with a $50K HELOC balance and no BTC.

*These scenarios are examples to illustrate product structure and do not represent actual terms, rates, monthly payments, expectations of collateral value, or liquidation fees.

Reserve your spot on the waitlist today.

Waitlist spots are prioritized in order of sign-up—be among the first to access early access to our BTC HELOC and secure your place today!

* Terms & Conditions apply

* All fields are required

©2024 Figure Markets

650 California, Suite 2700

San Francisco CA 94108

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