Is Prosper HELOC the right fit for you?

19 more

Last Updated: 07/01/2025

Prosper HELOC

from Prosper Funding LLC

Last Updated: 07/01/2025

Rating not yet determined4 total votes

4 users recommend

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Highlights

Credit Score Range

660 - 840

Amount Range

$1,000 - $300,000

Maximum LTV

80%

Minimum Draw

N/A

Loan Term (Years)

N/A

Prosper HELOC Review

Credit score requirement: Prosper HELOC considers borrowers with credit scores ranging from 660 to 840.
Maximum debt-to-income ratio: 50%.
Pre-qualification not offered. Contact Prosper HELOC for more details.
Draw period: 10 years.
No required average balance. You don't need to maintain a specific balance.
Funding time: Typically, you can access your funds within 21 business days.
No initial processing fee. Prosper HELOC does not charge an initial processing fee.
Annual fee: Prosper HELOC charges an annual fee ranging from $75 to $75.
No origination fee. Prosper HELOC does not charge an origination fee.
Prepayment fee may apply. Check with Prosper HELOC for details on prepayment fees.
No application fee. Prosper HELOC does not charge an application fee.
Loan term not specified. Contact Prosper HELOC for more details.
Loan amount: Prosper HELOC offers loan amounts ranging from $1,000 to $300,000.
No minimum draw amount. Prosper HELOC does not have a minimum draw requirement.

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Message from Prosper HELOC

A Home Equity Line of Credit (HELOC) is a flexible line of credit that uses your home equity to access up to $500,000* at great low rates. HELOCs typically involve a time-consuming application and verification process—including a hard credit pull that impacts your credit score just to see your offer. We’ve streamlined and securely digitized that process, empowering you to get a HELOC in only a few weeks! Better yet, you can see your instant, personalized offer without affecting your credit score.

Contact

Headquarters

221 Main Street, Suite 300

San Francisco, CA 94105

Email Support

Hours of Operation

SundayClosedMonday9:00AM - 5:00PMTuesday9:00AM - 5:00PMWednesday9:00AM - 5:00PMThursday9:00AM - 5:00PMFriday9:00AM - 5:00PMSaturdayClosed

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Availability

Available in 50 states and Washington, D.C.

Alabama
Alaska
Arizona
Arkansas
California
Colorado
Connecticut
Delaware
District of Columbia
Florida
Georgia
Hawaii
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Minnesota
Mississippi
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Montana
Nebraska
Nevada
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North Carolina
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Ohio
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Pennsylvania
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South Carolina
South Dakota
Tennessee
Texas
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Vermont
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Washington
West Virginia
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SuperMoney Net Recommendation Score

Not enough SuperMoney users have reviewed this product to provide a recommendation score or rating.

+100

-1000+100

No one recommends

Everyone recommends

The recommendation score reflects customer satisfaction with a provider. A score of +100 means every customer recommends the provider, while -100 means none of them do. These scores are based entirely on community member votes and are not influenced by partner compensation. SuperMoney removes fake reviews when detected.

Prosper HELOC Community Reviews

Would you recommend Prosper HELOC to your friends?

Bamidele S.

Nov 20, 2021

Would Recommend

Prosper heloc has been to great and secure in term of home equity lines of credit with low rate and customer relation.....I sincerity recommend prosper heloc to friends

James .

Mar 2, 2021

Would Recommend

Prosper HELOC stands out from other Home Equity Lines of Credit mainly because of their customer service. As someone with many questions, Prosper answered these concerns swiftly and were a tremendous help throughout the entire process. They were easy and quick to open up the line of credit, and I would recommend them to anyone looking to open up a HELOC.

Chijioke O.

Jan 14, 2021

Would Recommend

You guys are very reliable and awesome. Customer service is great. All-round financial services are fabulous. Whenever I had to call I got the answer right away and I love your long term repay policy So far, You're just about the right plug in the field .

Oluwatosin O.

Nov 26, 2020

Would Recommend

I am so delighted to choose Prosper HELOC. Opening of credit lines with Prosper HELOC involves a very swift and easy process. It took barely a week and I have my credit line opened. The customer service at Prosper HELOC is absolutely fantastic. They are available to receive your complaints and always ready to help. For the easiest and fastest opening of credit lines, I would always recommend Prosper HELOC.

Showing 4 of 4 reviews