Join the home equity revolution. No borrowing required.
Point is an alternative to traditional home equity loans and HELOCs. Point buys into a fraction of your property. There are no monthly payments.
Point is your home equity partner
Have you ever wanted something better than a loan? That's Point. We don't lend money. We buy into your property as a partner.
Traditional home equity loans and HELOCs (home equity lines of credit) are loans secured by your property. They are debts with a fixed term, with an interest rate, and with payments you need to make every month.
Point is different. We pay you today for the option to buy a fraction of your home 10 years from now. There are no monthly payments; there is no interest rate; you can buy Point out or sell the home at any time; we can lose money if the home depreciates. We do well when you do well.
That's quite revolutionary.
Point’s “no regret” guarantee
Making good decisions means avoiding bad ones. We use computers, science and lots of common sense to figure out if Point is the best solution for you. Regrets suck so let’s avoid them.
Check if you qualify
Point is only available to homeowners in select parts of California at this time. It takes less than 2 minutes to see if you qualify.
Compare with debt options
Point will give you a competitive offer that you should compare to traditional home loan products. Choose the option that is best for you and your financial future.
Your partner in wealth
Point doesn’t choose customers - we choose partners. When you are qualified and partner with us, you’ll speak with a real live person who will bring you through the final steps.
What are home equity loans and HELOCs?
Also called second mortgages, a home equity loan is a loan that is secured by your property -- you borrow a lump sum and repay it with interest over the term of the loan. HELOCs are lines of credit secured by your home -- you can borrow as much as you want up to the HELOC limit.
How to compare Point with a HELOC
While HELOCs and home equity loans have interest rates (sometimes fixed, sometimes variable), Point does not. The amount Point gets paid depends on how your home appreciates or depreciates, and how long you stay in the property. When you apply for Point, you will receive a model showing the costs under different home appreciation scenarios.
Is there any cost to applying for Point?
Point does not have any application fees. Once you're approved for Point funding on your property, you will have to pay for a property appraisal. After that, Point's closing fees come directly from the amount of money for which your property is approved.
Is Point a HELOC?
Point is very different from a home equity loan or HELOC. We buy an option to a fraction of your home. Instead of you having a set amount that you have to repay, the amount Point gets is based on how much the property appreciates. In other words, we do well when you do well. We think that's better than HELOCs and home equity loans!