Can I apply for a joint loan even if I already have an existing loan through Prosper?

If you have an existing loan and would like a second loan, we recommend applying after 6 months of consecutive, on-time payments.

Regardless of how many loans you have, $50,000 remains the maximum total outstanding balance you can have through Prosper. For example, if you still owe $5,000 on your first loan when you apply for a second loan, then the largest amount you can apply for is $45,000 (if approved).