Fintech lender Prosper enters mortgage arena with eyes on HELOC disruption

Fintech lender Prosper enters mortgage arena with eyes on HELOC disruption
Fintech lender Prosper, a longtime player in the personal lending space, has set its sights on the home equity sector, announcing plans Wednesday to enter mortgage lending with the release a digital HELOC product in early 2019. “We are taking advantage of our expertise in consumer credit and personal loans to build a product that removes the complexity and time-consuming barriers in applying for a HELOC,” said Prosper CEO David Kimball.
Source: https://www.housingwire.com/rss