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The ULTIMATE HELOC Guide - Home Equity Line of Credit ExplainedHome Equity Loan is a mortgage loan without submitting any documentation as to the purpose � no origination fee and with an advantageous interest rate. What's a HELOC? A HELOC through Prosper is a flexible line of credit that uses up to 90%3 of your home equity to access up to $,* at a low rate. A HELOC let's you tap into your home's equity to consolidate debt, make home improvements, or finance major expenses. It takes minutes to apply and.
