2026 Head-to-Head Audit • US Market

LightStream
vs
Figure HELOC

Q: Should I choose LightStream or Figure HELOC?

Choose LightStream if you prioritize Guarantees the lowest rate (will beat competitors by 0.10%). Choose Figure HELOC if you prioritize Fastest HELOC funding in the industry (as few as 5 business days).

Q: What is the biggest catch with LightStream vs Figure HELOC?

For LightStream, the main trade-off is: Requires several years of excellent credit history. For Figure HELOC, watch out for: Requires 100% initial draw of the approved credit line at closing.

Skip the marketing fluff. Below is the side-by-side breakdown of fees, yield/rewards math, fine-print restrictions, and the exact household profile each product is built for.

Choose LightStream If...

The lowest personal loan rates in the industry, backed by a Rate Beat guarantee.

Guarantees the lowest rate (will beat competitors by 0.10%)
No origination, late, or prepayment fees

Primary Catch: Requires several years of excellent credit history

Choose Figure HELOC If...

100% digital fixed-rate home equity line with 5-minute online approval and funding in 5 days.

Fastest HELOC funding in the industry (as few as 5 business days)
Fixed interest rate protects you against Federal Reserve rate volatility

Primary Catch: Requires 100% initial draw of the approved credit line at closing

Metric / Feature	LightStream Truist Bank ★ 4.8 / 5.0	Figure HELOC Figure Technology Solutions ★ 4.8 / 5.0
Verified 2026 Financials & Terms
Regular APR / Rates	7.49% - 25.49% Fixed	7.55% - 14.75% Fixed APR
Credit / Eligibility	Excellent (720+)	Good to Excellent (680+ FICO)
Loan / Limit Amount	$5,000 - $100,000	$15,000 - $400,000
Term Lengths	2 to 12 Years	5, 10, 15, or 30 Years
Origination / Transfer Fee	$0	0.0% - 4.99%
Core Features & Ecosystem Perks
Included Benefits	Rate Beat Guarantee Purpose-Based Pricing Same-Day Funding 144-Month Terms Available	5-Minute Online Approval Fixed-Rate on Every Draw No In-Person Appraisal Needed 0.25% Autopay Discount Up to 85% Combined LTV
Editorial Pros & Cons
Where It Wins (Pros)	Guarantees the lowest rate (will beat competitors by 0.10%) No origination, late, or prepayment fees Extremely long repayment terms available for certain uses (up to 12 years) Experience is entirely frictionless for highly qualified borrowers	Fastest HELOC funding in the industry (as few as 5 business days) Fixed interest rate protects you against Federal Reserve rate volatility Fully digital workflow with online automated notarization and valuation Higher borrowing limits up to $400,000
Fine-Print Drawbacks (Cons)	Requires several years of excellent credit history No pre-qualification (applying triggers a hard pull immediately) Purpose-based pricing means rates vary based on what the money is for	Requires 100% initial draw of the approved credit line at closing Origination fee can reach up to 4.99% on lower credit profiles Minimum 680 credit score excludes borrowers with fair credit

In-Depth Breakdown: LightStream vs Figure HELOC

1. How LightStream Works

LightStream, a division of Truist Bank, consistently offers the lowest personal loan interest rates in the US market. Their Rate Beat Program guarantees they will beat any qualified competitor's rate by 0.10 percentage points. With no fees, loan amounts up to $100,000, and same-day funding, LightStream is the premium choice for excellent-credit borrowers.

2. How Figure HELOC Works

Figure is a leader in modern consumer home equity lending. By leveraging automated desktop valuation models (AVMs), Figure allows homeowners to apply online in 5 minutes, get an instant decision, and access their home equity in as few as 5 business days without an in-person appraiser walking through their home. Every draw is locked into a fixed interest rate.

Frequently Asked Questions

Should I choose LightStream or Figure HELOC?

Choose LightStream if you prioritize Guarantees the lowest rate (will beat competitors by 0.10%). Choose Figure HELOC if you want Fastest HELOC funding in the industry (as few as 5 business days).

What is the biggest catch with LightStream vs Figure HELOC?

With LightStream, the main limitation to keep in mind is: Requires several years of excellent credit history. With Figure HELOC, the primary trade-off is: Requires 100% initial draw of the approved credit line at closing.