Family after getting shared equity investment.

How Point works

Tapping fractional share of appreciation.

Gain early access to your home equity

Point will invest in a slice of your home equity, paying you cash today. You can get $35,000-$250,000, depending on your home value and the amount of equity you own. Point is not added to the title of your property.

Financing alternative with no monthly payments.

Free yourself from monthly payments

Since Point is investing in your home, not lending you money, there are no monthly payments, ever. In fact, homeowners who choose Point increase their monthly cash flow by an average of $1,413.

Cash out without selling your home.

Keep enjoying your home

You maintain control over your home and continue to live in it.

Use home equity for debt consolidation.

Eliminate debt and build a safety net

You can use your unlocked equity for whatever you need, such as paying down debt, an unexpected expense, fixing up your home, or an investment opportunity.

Shared equity agreement terms.

Repay when it’s convenient

You can buy back your equity any time during the 10-year term, typically via a refinance, home loan, or sale. There is no pre-payment penalty.

How much does Point cost?

Repay in proportion to your wealth

When you exit the contract, your buyback cost will depend on your home value—the cost will be the amount originally received plus a portion of your home’s appreciation since partnering.

If your home has appreciated past a certain threshold, your cost will be capped.

If your home has depreciated, Point will share in the loss.

Point might be right for you if...

You want cash without a monthly payment

I was looking for a HELOC, but the monthly payments were high because interest rates had gone up. I was wondering how I could get around that when I came across a Point ad. The money from Point allowed me to clean up old debt, clean up the yard, and have a little extra left over to do things around the house that needed to be done. Point is a wonderful alternative.
Improving finances beyond monthly minimum payments.
Greg
from Thousand Oaks, CA

You have trouble qualifying for traditional equity products

I like being self-employed, but loan options tend to be very frustrating because the banks require a lot to qualify. You have all this equity in your house, but maybe you don’t have a good credit score or your income-to-debt is too high. I’m always keeping my eye out for possible real estate investments. That was a motivation—to be able to have access to that equity rather than have it just sit there and do nothing for me. In my case, with Point, I was able to put myself in a position of financial freedom. Point was that connector that connected me from point A to point B.
Qualifying for home equity with high DTI and low FICO.
Rameil
from Burbank, CA

You'd like to start a small business

I used the equity Point freed up for me to buy a couple cars in Guatemala and start my own taxi business. It’s feeding me an extra $600 per month. Plus, I now have substantial backup reserves in the bank, all my debt is gone, and my credit score jumped 70 points. My financial situation was a little complicated, but Point was really understanding and easy to work with.
Tap home equity for business opportunity.
Axel
from Revere, MA

You have high-interest debt

A few years after the recession I lost a job I’d been at for 20 years, so we used credit cards to fill the gap. You make the minimum payments but you’re not able to really pay down the debt. Next thing you know, you’re in trouble again. There was a point in time when I told my husband, we can’t keep living this way, we’ve got to find a solution, and if the solution meant selling our house...well he just was not ready to sell the house at that time. Point solved two problems. We got to stay in our home, so he got what he wanted, and I got the debt relief that I was looking for.
Use home equity to pay down credit cards.
Susan
from Issaquah, WA

You want to improve your home

My wife and I were looking for funds to renovate our kitchen, bathrooms, and yard. But we didn’t want to add to our debt load or have an extra monthly payment. Point provided the cash we needed to upgrade our house, which will increase its value and our equity. As a bonus, because we knocked out some debt with the funds, my base credit score jumped 27 points within a month of closing. This program was the alternative that had all of the right terms for me.
Improve credit score for home equity product.
Kerry
from Danville, CA

You want cash without a monthly payment

I was looking for a HELOC, but the monthly payments were high because interest rates had gone up. I was wondering how I could get around that when I came across a Point ad. The money from Point allowed me to clean up old debt, clean up the yard, and have a little extra left over to do things around the house that needed to be done. Point is a wonderful alternative.
Improving finances beyond monthly minimum payments.
Greg
from Thousand Oaks, CA

You have high-interest debt

A few years after the recession I lost a job I’d been at for 20 years, so we used credit cards to fill the gap. You make the minimum payments but you’re not able to really pay down the debt. Next thing you know, you’re in trouble again. There was a point in time when I told my husband, we can’t keep living this way, we’ve got to find a solution, and if the solution meant selling our house...well he just was not ready to sell the house at that time. Point solved two problems. We got to stay in our home, so he got what he wanted, and I got the debt relief that I was looking for.
Use home equity to pay down credit cards.
Susan
from Issaquah, WA

You have trouble qualifying for traditional equity products

I like being self-employed, but loan options tend to be very frustrating because the banks require a lot to qualify. You have all this equity in your house, but maybe you don’t have a good credit score or your income-to-debt is too high. I’m always keeping my eye out for possible real estate investments. That was a motivation—to be able to have access to that equity rather than have it just sit there and do nothing for me. In my case, with Point, I was able to put myself in a position of financial freedom. Point was that connector that connected me from point A to point B.
Qualifying for home equity with high DTI and low FICO.
Rameil
from Burbank, CA

You want to improve your home

My wife and I were looking for funds to renovate our kitchen, bathrooms, and yard. But we didn’t want to add to our debt load or have an extra monthly payment. Point provided the cash we needed to upgrade our house, which will increase its value and our equity. As a bonus, because we knocked out some debt with the funds, my base credit score jumped 27 points within a month of closing. This program was the alternative that had all of the right terms for me.
Improve credit score for home equity product.
Kerry
from Danville, CA

You'd like to start a small business

I used the equity Point freed up for me to buy a couple cars in Guatemala and start my own taxi business. It’s feeding me an extra $600 per month. Plus, I now have substantial backup reserves in the bank, all my debt is gone, and my credit score jumped 70 points. My financial situation was a little complicated, but Point was really understanding and easy to work with.
Tap home equity for business opportunity.
Axel
from Revere, MA

Process

See if your home qualifies and get an estimate.

Answer a few questions here to get instant pre-approval or denial, and see how much you could get. This takes under a minute, is free, and will not affect your credit.

Have all your questions answered on a call with one of our home equity experts.

We take customer education seriously—we want everyone we partner with to understand how equity sharing works. This is your opportunity to ask us anything!

Fill out an online application and upload required documents.

If you’ve applied for a mortgage, you’ll be familiar with this part, though our customers tell us our process is easier. The information you provide here will help us understand your situation better and possibly improve on our offer.

Schedule a home visit with an independent, third-party appraiser to set your initial home value.

If we decide to invest in your home, we’ll need to determine your starting home value, from which to calculate appreciation. To ensure the process is fair, we work with third-party appraisers that we are unaffiliated with. After the appraisal is complete, we’ll finalize our offer to you.

Receive your funds.

We’ll send a notary to you wherever you are to sign closing documents and then electronically transfer the funds to your bank account. A 3-5% transaction fee, an appraisal fee, and an escrow fee will be deducted from your funds. We’ll file a record of the transaction with your county recorder’s office.

Sell your home or buy back your equity anytime within 10 years.

If you sell your home, Point is automatically paid from escrow. Customers who aren’t ready to sell typically acquire the funds to repay Point via a refinance or home equity loan. See our Pricing page to estimate how much Point might cost.
Improve 401k savings and IRA.
After Point I’m back on track and gaining financial strength. I’ve been able to pay off some larger bills, re-establish my 401k contributions, set up an IRA, and set up a traditional savings account for any rainy day emergencies.
Gloria from Issaquah, WA

FAQs

  • How do I know I can trust Point?

    At Point, we care deeply about our customers—we take customer education seriously and strive for full transparency in our process. That’s why the Center for Financial Services Innovation, America’s leading non-profit focused on consumer financial health, recognized Point with the prestigious 2017 Finlab award. Featured in The Wall Street Journal, Forbes, and The Atlantic, and with an A+ rating from the Better Business Bureau, Point has helped homeowners across the country unlock their home equity.

  • What are the advantages of Point over a home equity line of credit, refinance, or home equity loan?

    1) There are no monthly payments with Point. 2) If you have had a hard time qualifying for other equity products, it may be easier to qualify for a Point investment. 3) Since repayment is tied to your home value, if your home depreciates, you may end up paying less than you received. 4) A Point investment does not add to your debt load or show up on your credit report.

  • Is Point a loan?

    No. Point works like an investment. When you buy a share of General Motors stock, you profit when the value of the company goes up. Similarly, if Point buys a fraction of your home equity, Point profits when your home value goes up. An investment from Point does not show up on your credit report and does not add to your debt load. Instead of monthly payments with interest, you pay Point back at any time within the ten-year term, in one lump sum.

  • How much does Point cost?

    When you repay Point, you will need to pay back the original investment amount plus a predetermined percentage of your home’s appreciation, usually between 25-40%. Check out our Pricing page to understand what this might mean across different scenarios of home appreciation. Point also deducts fees from the original amount received, covering a home appraisal, escrow, and Point’s time to arrange the transaction. See more details here. There is no fee for applying.

  • How is my home’s initial value determined?

    After your application goes through an initial review, we’ll arrange for a third-party independent appraiser to come to your home for an on-site evaluation. The initial value, from which appreciation is calculated, is usually adjusted to be 80-90% of this appraised value. This adjustment is a protection for Point, in case your home depreciates. (In return, as a protection for the homeowner, we cap your repayment so that you never have to pay above a certain amount if your home value increases greatly.)

  • How do homeowners qualify?

    Quickly see if Point may be a good fit for your situation by visiting get.point.com - it takes just a minute to see how much you could qualify for. When deciding whether to make an investment or not, Point will review your credit history, income, home value and equity, and your plan for repayment.

  • Can I pay back Point without selling my home?

    Yes, many customers pay Point back with the proceeds from a refinance, HELOC, or home equity loan. Often homeowners who aren’t a good fit for a traditional home equity product use Point to stabilize and improve their financial situation. Down the line they’re then in a better position to obtain traditional financing which they can use to knock out Point. Point works with every customer we fund to ensure they have a viable exit strategy.

  • Is Point going to try and foreclose on me?

    We never want to foreclose on a customer, and it’s not in our interest financially, so we perform a lot of due diligence upfront to ensure the partnership is a successful one. Since our arrangement with the homeowner is a partnership, Point only does well when the homeowner does well. Point is a team of problem solvers passionate about fixing the housing affordability crisis. Nonprofits like the Center for Financial Services Innovation vouch for us, as do some of the most well-respected technology investors in Silicon Valley.