Prosper help - Home Equity support for new customers

Your Application

• How long is the repayment period for my HELOC?
• How is my Equity Calculated?
• Uploading Documents
• How is a HELOC through Prosper different?

 

Using Your HELOC

• What can I use my HELOC for?
• Can I still draw on my HELOC during the repayment period?
• What is a Draw Period for a HELOC?
• Can I still draw on my home equity line of credit during the repayment period?
• What does 'term' mean for a HELOC?
• How long is the Repayment Period for my HELOC?
• What is a Repayment Period for a HELOC?
• Can I pay off my HELOC early?
• What does 'term' mean for a HELOC?
• How much will my monthly payments be for my HELOC?

 

HELOC Rates

• What is the difference between a fixed rate and a variable rate for my HELOC?
• How will the APR for my HELOC be determined?

 

Monthly Payments

• I applied for a HELOC, but I also have a personal loan through Prosper. does this mean my payments will be combined?
• Do I schedule my HELOC payments with Prosper?
• Can I pay off my HELOC early?
• How much will my monthly payments be for my HELOC?
• When will I start making monthly payments on my HELOC?

 

Repayment Period

• How long is the Repayment Period for my HELOC?
• Can I pay off my HELOC early?
• What does 'term' mean for a HELOC?
• Can I pay off my HELOC during my Draw Period?