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Figure Technologies launches wholesale lending platform

Mike Cagney’s Figure Technologies rolled out a wholesale lending platform that will give loan originators access to the company’s home equity line of credit (HELOC) offering. 

New wholesale partners of Figure can leverage the company’s HELOC technology to broker loans directly, the company said announcing the launch on Tuesday.

 “With Figure’s built-in digital origination process, originators have a faster time to market with less upfront hassle, enabling them to serve more customers and quickly capitalize on the current rate environment,” Jackie Frommer, head of lending at Figure, said in a statement. 

The digital wholesale model offers end-to-end support of the origination process details ⇒

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