Understanding Home Equity
Home Equity Line of Credit (HELOC)
All About HELOCs
- How does a HELOC work?
- Is a HELOC secured or unsecured?
- What can I use my HELOC for?
- How is a HELOC through Prosper different?
- What does 'term' mean for a HELOC?
- What is a draw period and a repayment period?
- Can I apply for a HELOC if I have an FHA loan?
- Can I get a HELOC if I have a mortgage?
- What does it mean to have a variable rate for my HELOC?
- How will the annual percentage rate (APR) for my HELOC be determined?
- How is my max line calculated?
Applying for a HELOC Through Prosper
- How do I apply for a HELOC through Prosper?
- How do I upload my documents?
- I uploaded a document, but it didn't go through. What's going on?
- How long does the HELOC application process take?
- How much will my monthly payments be for my HELOC?
- When will I start making monthly payments on my HELOC?
- Can I pay off my HELOC early? Can I pay off my HELOC during my draw period?
- Do I schedule my HELOC payments with Prosper?
- I applied for a HELOC but I also have a personal loan through Prosper. Does this mean my payments will be combined?
- How long is the repayment period for my HELOC?
- Can I still draw on my home equity line of credit during the repayment period?
Home Equity Loan (HELoan)
All About HELoans
- Is a HELoan secured or unsecured?
- What can I use my HELoan for?
- How is a HELoan through Prosper different?
- What are the terms for a HELoan through Prosper?
- Is the rate for my HELoan through Prosper fixed or variable?
- How will the APR for my HELoan be determined?
- How does Prosper calculate the amount I"m eligible to borrow with my HELoan?
Applying for a HELoan Through Prosper
- How much will my monthly payments be for my HELoan through Prosper?
- When will I start making monthly payments on my HELoan through Prosper?
- Can I pay off my HELoan early?
- Do I schedule my HELoan payments with Prosper?