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Figure Technologies Unveils Wholesale Lending Platform

Figure Technologies has introduced a wholesale lending platform that allows mortgage brokers to access the company’s technology for home-equity lines of credit. So reports Home Equity Lending News.

figure technologiesThe San Francisco-based fintech said that the platform will allow brokers to offer five-minute approval and five-day fund access times to clients.

Prior to entering the wholesale channel, Figure had originated more than 70,000 HELOCS for $5 billion since 2018 via the direct-to-consumer channel as well as private-label partnerships.

Read the full article from Home Equity Lending News.

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