Figure has announced the launch of its AI-powered Debt Service Coverage Ratio (DSCR) loan platform, expanding its blockchain-based capital marketplace into one of the fastest-growing — and most underserved — segments of housing finance. The new platform brings end-to-end automation to a process long defined by manual review and delays. West Capital and Axen are among Figure’s first 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.
Where traditional DSCR loans take 21 to 30 days on average and traditional banks can take 45-plus days, Figure may be able to reduce processing time by 80% or more —with funding in as few as 5 days, the company said. From application to funding, AI-powered workflows eliminate manual steps and cut origination costs by up to 80%, at a time when industry costs have jumped 35% to more than $10,000 per loan — leaving many lenders losing over $600 per transaction.
As homeownership becomes increasingly out of reach for many, strong rental market trends point to growing 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.3,4
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.
“This launch shows the power of combining AI automation with blockchain standardization to eliminate the friction that has slowed DSCR lending for years,” said Anthony Stratis, vice president of lending partnerships at Figure. “Our platform delivers speed, fraud prevention, cost savings, and simplicity at scale — helping brokers grow their business, lenders expand their offerings, and investors continue to realize efficiencies through our blockchain-based capital market.”
