Get up to $600k

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How does Point's HEI compares to a HELOC?

Both the HELOC and the HEI offer up to $600k, a 30-year term with no prepayment penalty, and an easy online application, but there are some key differences.

Point's HEI

Point's HELOC

Get cash in as little as 5 days

Flexible credit requirement (500+)

No income requirements

No monthly payments

30-year term

Get up to $600k

View my offers Learn about the HEI

Frequently asked questions

HELOC

Find answers to common questions about Point's HELOC.

What is a HELOC?

A HELOC (Home Equity Line of Credit) is a line of credit secured by your home. HELOC's lets you borrow up to a limit, draw funds as needed, and repay against the amount you draw each month.

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With a HELOC, your monthly payment is shaped by two main factors:

APR (Annual Percentage Rate)
This is the cost of borrowing money, expressed as a yearly percentage.
Amount you draw
You’re not charged on your entire line of credit — only the funds you actually take out.

What are the key differences between a HELOC and HEI?

Both options give you cash by accessing your home equity, but they work differently.
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A HELOC is a line of credit.
You borrow against your home, make monthly payments, and pay interest. The application is fast and you can get cash in as little as 5 days.
A Home Equity Investment (HEI) gives you a lump sum upfront, with no monthly payments.
You repay at a later time that works for you, typically when you sell or refinance, based on your home's future value and within 30 years.

See all options you qualify for with our easy online application:

View my offers

Where is Point’s HELOC available?

What if I do not see a HELOC option?

Point has a

4.7

rating with over

1,600 reviews on Trustpilot.

Highly recommended.

I’ve been through countless mortgage and refinancing applications. This was by far the best experience I’ve ever had. I was told 90 days to close at the beginning and we closed in 28 days. The entire process was so efficient and stress free. I was kept informed of the progress each and every step of the way. I am so glad I made the decision to go with Point.

—

David P Boey

The Point process was a lifesaver for…

The Point process was a lifesaver for me. It allowed me to get completely out of a lot of debt and to make the changes I wanted to make in my house to enjoy my old age. The application process was very easy - just get in what they ask you for as timely as possible. Crystal and John were two of the nicest people you could ever hope to meet. They both got things done as fast as possible - we closed in a month. I see this, especially for elderly people who don't have a lot of equity in their home and can't do a reverse mortgage, as another good option.

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Bonnie C.

This HEI was a perfect fit for me..

This HEI was a perfect fit for me. Retired and on a fixed income, I found I was paying interest on home equity loans each month. I never seemed to be able to reduce those loans, which meant I was cash-poor each and every month. I was able to pay off all those loans, leaving me with some cash each month. The payoff will happen when I sell my home in the future.

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Bruce M.

Point was great!!!

Point was great!!!! They gave me money from my home equity when no one else would. I did not qualify for refi or reverse mortgage. They were fast and the customer service was great. I recommend them, highly.

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Terri C.

When other SAY NO and you are in a bind..

I think is a better alternative to refinance similar in my opinion to a reverse mortgage. your immediate cash flow is not impacted if what you are trying to do is control your cashflow by eliminating smaller loans that do impact your current cashflow.

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Jose Castillo

A loan that made sense for me

"Point were efficient, quick and upfront about all the expenses. After doing the math and looking at other options, Point's deal made the most sense for me."

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Tomas

Awesome push through of funds at the buzzer

"James and His manager Megan seemed to understand my sense of urgency as I was using the money for an investment that had a deadline. James pushed it to closing stage for me and once Megan got involved in the closing it was closed money wired to Fidelity within 1 day, after I was told it could be another 3 days plus wire transfer time. I was close to saying forget it, Megan brought it home!"

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Karli Pan

Funded in weeks

My experience from start to end was good beginning at end of April 2024 and funded by start of June 2024. Starting with Andrew and providing all the different required information and forms and ending with Amanda and the closing team members, including the notary, everything went well. I am hopeful all customers encounter the same experience. Make no mistake this is expensive decision I am quite well aware of, that is the only drawback but this was critical and necessary in my situation so I am thankful

—

Jamie

Point in the media

Our innovative products have been featured in top publications.

Point CEO, Eddie Lim made Business Insider's 100 people who are transforming business

Every year, Insider surfaces 100 leaders across 10 industries who are driving unprecedented change and innovation. Lim, the CEO and cofounder of Point, wants to make it easier for people to tap into that wealth. Lim’s company, which he founded alongside Eoin Matthews in 2015, offers homeowners lump sums of cash in exchange for a stake in their home.

Read this article

Point closes on $115M to give homeowners a way to cash out on equity in their homes

Historically, homeowners could only tap into the equity of their homes by taking out a home equity loan or refinancing. But a new category of startups has emerged in recent years to give homeowners more options to cash in on their homes in exchange for a share of the future value of their homes.

Read this article