No monthly payments
No income requirements
No need for perfect credit
Prequalify now
No monthly payments
No income requirements
No need for perfect credit
Prequalify now
See how much you qualify for and get your initial HEI1 offer in 60 seconds!
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Excellent
4.5
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No need for
perfect credit
No monthly
payments
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requirements
Keep the home
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Point has a
4.5
rating with over
1,200
reviews on Trustpilot.
We had a very positive experience
"We had a very positive experience with Point. Everyone we dealt with was very helpful and professional. We would recommend this company to others."
—
Hope
Bravo to Outstanding Service
"Point provided me with outstanding service. I was amazed at how thorough and efficient they were until I went through their process. I highly recommend them."
—
Tess
Customer Service was Above and Beyond!
"We did a lot of research and read a lot of reviews before deciding to go with point. The experience we had with Point was superior! The process was very smooth, with a lot of correspondence, and questions were answered quickly. They were very honest, upfront and there weren't any hidden fees or costs. I can't brag about Point enough!"
—
William
Very easy process from start to finish
"Very easy process from start to finish. Very knowledgeable and friendly staff to work with. All my questions were answered in a timely manner with the process explained fully."
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John
Expectations were set appropriately
"Expectations were set appropriately. Communications were professional and respectful. Someone was always available (during business hours) to respond via phone, email, or text. Great experience! Have already recommended to 3 people."
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Ghaith
Point— a great company to do business with
“The Point process was excellent and the people working throughout the process were extremely professional and patient”
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I had a great experience with Point
“I had a great experience with Point, I would recommend [Point] to anyone. Thanks for making my day and making the process as seamless as possible”
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Thank you, Point
“My experience with Point was a pleasure from start to finish. The product they offered fit my needs perfectly and was explained in detail where no questions were left unanswered.”
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How can Point’s HEI help?
Some financial situations feel daunting to overcome. Some dreams feel financially out of reach. With access to the wealth you've built in your home, you can get $25k - $500k for whatever you need.
Freedom to breathe
Set yourself up for financial success by reducing your monthly expenses.
Pay off your high-interest debt
Cover unexpected household expenses
Settle outstanding medical bills
Freedom to dream
Pursue and accomplish your life-long goals.
Renovate your ideal home
Start a new business
Pursue an education
What is a Home Equity Investment (HEI)?
Point’s HEI is a partnership between you and Point. As a homeowner, you get upfront funds from Point in return for a portion of your home’s future appreciation. You control when you exit the partnership during the 30-year term.
Get cash today:
You receive a lump sum cash payment. You can use the funds for whatever you need. In exchange, Point gets a slice of your home equity.
For up to 30 years:
There are no monthly payments, ever. You can buy back your equity at any time within a 30-year term with no penalty. You maintain complete control over your home.
Exit when you decide:
When you decide to buy back your equity, the amount you pay back depends on the value of your home at that time. If your home’s value goes up, Point shares in the gain. If the value falls, your buy back costs may be smaller.
See how an HEI compares
Point’s HEI is the ideal financing option for homeowners seeking maximum flexibility.
Point Home
Equity Investment
Home equity
loan or personal loan
Home
Equity Loan
Reverse Mortgage
Personal
Loans
No payments for up to 30 years
No monthly payments
No income requirements
No age requirements
500+ credit scores
No need to pay off 1st mortgage
See what I can get
How our HEI process works
Our home equity experts are here to support you throughout the entire process.
1
Get your initial offer and apply
See if you qualify in 60 seconds or less and get your initial offer with no obligation and no effect on your credit2. When you’re ready, apply with our simple, 100% online application anytime, from anywhere.
2
Verify information and receive a home appraisal
Gather the documents you’ll need and submit them online. Once complete, we will set up an appraisal from an independent licensed third-party to determine the initial value and finalize your offer.
3
Get your funds
Sign your closing documents when they are hand delivered to you by a notary. We will electronically transfer your funds3 directly to your account!
Transparent costs
What does an HEI cost?
Since we invest in your home, your buyback costs are dependent on your home’s change in value when you decide to exit. You control when you want to sell, refinance, or buy back your equity during the 30-year term. See some example cost scenarios for “Tim” to buy back his equity from Point.
Tim gets an HEI today and receives:
$50,000
Tim’s home is worth:
$500,000
Five years later, Tim decides to sell his home, how much does he pay Point back?
Large Depreciation
If Tim sells his home for:
$362,100
Tim keeps most of the sale price:
$313,000
Point gets some of the sale price:
$49,100
In this scenario, the HEI cost is less than the cash Tim got because Point shares in the depreciation.
See more of the math
Average Appreciation
If Tim sells his home for:
$593,800
Tim keeps most of the sale price:
$471,700
Point gets some of the sale price:
$122,100
See more of the math
High Appreciation
If Tim sells his home for:
$661,300
Tim keeps most of the sale price:
$526,500
Point gets some of the sale price:
$134,800
In this scenario, the Homeowner Protection Cap kicks in to make sure Tim keeps more of the appreciation gain.
See more of the math
Large Depreciation
If Tim sells his home for:
$362,100
Tim keeps most of the sale price:
$313,000
Point gets some of the sale price:
$49,100
In this scenario, the HEI cost is less than the cash Tim got because Point shares in the depreciation.
See more of the math
Average Appreciation
If Tim sells his home for:
$593,800
Tim keeps most of the sale price:
$471,700
Point gets some of the sale price:
$122,100
See more of the math
High Appreciation
If Tim sells his home for:
$661,300
Tim keeps most of the sale price:
$526,500
Point gets some of the sale price:
$134,800
In this scenario, Tim’s cost is capped and he keeps more of the appreciation gain.
See more of the math
Get my pricing details
Prefer a HELOC?
In some cases, a HELOC can be a faster way to unlock your home equity. Get top-rated service, competitive rates, and fast funding — see your rate in under 2 minutes with no obligation. Available in CA.
Learn about Point’s HELOC
Point in the media
Our innovative products have been featured in top publications.
Need cash? Now you can sell the equity in your home to investors
California-based Point is a 2-year-old fintech company specializing in home equity contracts. It offers homeowners cash for a share of the home’s equity, that is, the amount the home is worth beyond the value of the mortgage.
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 have 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 more press coverage
FAQs
What is the monthly payment on a $500 000 home equity loan? ›
At 5% interest over 15 years, you should expect to pay around $4,000 per month.
What is an HEI home equity investment? ›Also known as co-investing or home equity sharing, an HEI is a way to tap into your home equity through an alternative equity sharing agreement. These arrangements typically allow home equity co-investment companies like Noah, Point, Unison, Hometap and Unlock to buy up to $550k or more in equity from homeowners.
What is the smartest thing to do with home equity? ›Paying off high-interest loans or investing the money back into your house via upgrades or repairs can be a fruitful way to spend equity. For example, if you need a large amount of cash but don't want to change your first mortgage, a home equity loan might be a more attractive option.
Can I get a home equity line of credit with no income? ›You don't necessarily need a job to get a home equity loan, but you will need some form of regular income. If you're not able to repay your home equity loan, your lender can force you to sell your home. You can boost your odds of approval by finding a co-signer, increasing your income, and/or paying down debt.
How can I get equity out of my house without refinancing? ›Home equity loans and HELOCs are two of the most common ways homeowners tap into their equity without refinancing. Both allow you to borrow against your home equity, just in slightly different ways. With a home equity loan, you get a lump-sum payment and then repay the loan monthly over time.
Is home equity investment a good thing? ›Home equity investments may be a good option for homeowners looking to extract home equity and increase cash flow without getting into further debt or having to make monthly payments.
Is a home equity investment loan a good idea? ›Taking out a home equity loan can be a good idea if you need money to fund life expenses such as home renovations, higher education costs or unexpected emergencies. Home equity loans tend to have lower interest rates than other types of debt, which is a significant benefit in today's rising interest rate environment.
Is it smart to use home equity to invest? ›One thing you should never consider using your home equity for, notes Imundo, is investing. Stocks, bonds and mutual funds fluctuate in value, and you wouldn't want to risk losing your home if the return on your investments is not sufficient to cover a new mortgage, loan or line of credit.
How many months is a typical home equity loan? ›A home equity loan term can range anywhere from 5-30 years. HELOCs generally allow up to 10 years to withdraw funds, and up to 20 years to repay. A cash-out refinance term can be up to 30 years.
What is the maximum amount you can borrow on a home equity loan? ›How much can you borrow with a home equity loan? A home equity loan generally allows you to borrow around 80% to 85% of your home's value, minus what you owe on your mortgage.
Do home equity loans have monthly payments? ›
How long do you have to repay a home equity loan? You'll make fixed monthly payments until the loan is paid off. Most terms range from five to 20 years, but you can take as long as 30 years to pay back a home equity loan.
Does a home equity loan require an appraisal? ›Does Your Home Equity Loan Require An Appraisal? Yes, your home equity loan will typically require an appraisal to protect your mortgage lender. Because you're using your home as collateral, a home equity loan is considered a secured loan.