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HOME EQUITY LOAN

Home equity loan rates as low as 8.291% APR

Don’t bother typing “lorem ipsum” into Google translate. If you already tried, you may have gotten anything from “NATO” to “China”, depending on how you capitalized the letters. The bizarre translation was fodder for conspiracy theories, but Google has since updated its “lorem ipsum” translation to, boringly enough, “lorem ipsum”.

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Lock in your low, fixed rate
Get approved for up to
Funding in one lump sum for any use

Lock in your fixed rate to turn your
home equity into cash—fast

1

Get your fixed rate in minutes 

Don’t bother typing “lorem ipsum” into Google translate. If you already tried, you may have gotten anything from “NATO” to “China”, depending on how you capitalized the letters. The bizarre translation was fodder for conspiracy theories, but Google has since updated its “lorem ipsum” translation to, boringly enough, “lorem ipsum”.

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2

Quick & easy online application

 The bizarre translation was fodder for conspiracy theories, but Google has since updated its “lorem ipsum” translation to, boringly enough, “lorem ipsum”. The bizarre translation was fodder for conspiracy theories, but Google has since updated its “lorem ipsum”

3

Fast access to your money
 The bizarre translation was fodder for conspiracy theories, but Google has since updated its “lorem ipsum” translation to, boringly enough, “lorem ipsum”. The bizarre translation was fodder for conspiracy theories, but Google has since updated its “lorem ipsum”

What’s a home equity loan?

A home equity loan through Prosper uses up to 95%1 of your home equity to access up to $249k* at a low, fixed rate with 5–30 year2 term options.

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A home equity loan for what you
need—any purpose

One brave soul did take a stab at translating the almost-not-quite-Latin. According to The Guardian, Jaspreet Singh Bopara

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How a home equity loan works

Home equity converted into a loan, secured by your home. Access up to 95%¹ of your home’s value while keeping your existing mortgage.Maximum loan amount is based on a couple factors.

Credit score, ownership type, combined-loan-to-value (CLTV) and debt-to-income (DTI) ratio are all taken into account.

Lock in your fixed rate, lock in your monthly payments². A fixed rate comes with steady payments for the life of the loan.

No prepayment penalty—you can pay off your loan early, simple as that.

How much home equity can you tap into?

One brave soul did take a stab at translating the almost-not-quite-Latin. According to The Guardian, Jaspreet Singh Boparai undertook the challenge with the goal of making the text “precisely as incoherent in English as it is in Latin – and to make it incoherent in the same way”. As a result, “the Greek ‘eu’ in Latin became the French ‘bien’ […] and the ‘-ing’ ending in ‘lorem ipsum’ seemed best rendered by an ‘-iendum’ in English.”

Here is the classic lorem ipsum passage followed by Boparai’s odd, yet mesmerizing version:

Home improvements to increase value

Here’s a look at eight opportunities to use HELOC home improvement funds with the ultimate goal of…

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Home improvements to increase value

Here’s a look at eight opportunities to use HELOC home improvement funds with the ultimate goal of…

Read More
Home improvements to increase value

Here’s a look at eight opportunities to use HELOC home improvement funds with the ultimate goal of…

Read More

How can we help you prosper?

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Call us at (800) 954-2172

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Prosper help center

Answers to home equity questions, from your application to payments.