Figure (NASDAQ:FIGR) introduced its AI-powered Debt Service Coverage Ratio (DSCR) loan platform, expanding its blockchain-powered capital marketplace into one of the fastest-growing — and “most underserved” — segments of housing finance. As competition increases and demand for efficiency rises, the platform brings automation to a process defined by manual review and delays. West Capital and Axen are among Figure’s partners to embed its DSCR product.
With Figure’s solution, investors have access to flexible capital for investment properties, qualifying based on property cash flow instead of personal income.
By leveraging AI and blockchain to streamline underwriting and funding, Figure’s DSCR platform helps investors save both time and cost, allowing them to focus on portfolio expansion.
With Figure, lenders are now able to process and close DSCR loans with speed. Where traditional DSCR loans take as long as 21 to 30 days on average and traditional banking institutions may take 45+ days, Figure may be able to slash processing time by 80% or more —with funding in “as few as 5 days.”
From application to funding, AI-powered workflows eliminate “manual steps, streamlining every stage of the process.”
Figure’s automation cuts origination costs by up to 80%, at a time when industry costs have jumped “35% to more than $10k per loan — leaving many lenders losing over $600 per transaction.”
By automating manual tasks, lenders can serve more clients at competitive borrower-paid “commissions (up to 4%) while protecting their margins – and gain access to competitive pricing that makes DSCR loans more attractive to offer at scale.”
As homeownership becomes increasingly out of reach for many, strong rental market trends point to demand for investment property financing. DSCR-backed loans grew from “22% to 50% of all non-QM mortgage-backed securitizations between 2019 and 2022, with over $2 billion originated in January 2025 alone.”
With its DSCR loan platform, Figure is giving brokers, lenders, and investors the tools to capture this opportunity — “making property investment faster, easier, and more accessible.”
For existing partners like banks, mortgage companies and credit unions, Figure’s platform leverages the “same easy web-based and API-based integrations.”
They can now offer DSCR loans to businesses, families and individuals building wealth through real estate, while “benefiting from industry-leading speed, fraud protection, and efficiency.”
For “mom and pop” investors with five or fewer properties, Figure provides HELOCs based on “personal income.” With the addition of DSCR loans, these investors now “have another powerful option — qualifying based on rental income instead.”
Figure’s solution aims to deliver the scale, standardization, and speed needed for high-growth DSCR market. DSCR-backed loans increased from 22% to 50% of all non-QM mortgage-backed securitizations “between 2019 and 2022, with over $2 billion originated in January 2025 alone.”