The good news is you have options Upgrade your current savings into a 20% down payment with point's seed With point, you can choose between a heloc with flexible credit and monthly payments, or an hei with a lump sum and no monthly payments
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See which one fits your next move.
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When you repay point, you will need to pay back the original investment amount plus a predetermined percentage of your home’s appreciation Point also deducts fees from the original amount received, covering a home appraisal, escrow, and point’s processing costs. Pointʼs home equity investment (hei) is an entirely new way to unlock your homeʼs wealth Point partners with and invests alongside you in the property
Subject to underwriting approval, point will pay you an upfront, lump sum amount in exchange for a portion of your home’s future appreciation. 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. Eddie lim, eoin matthews, and alex rampell come together to create point, a home equity platform
Point’s flagship product, the hei (home equity investment), empowers homeowners to unlock their equity when they need it most
Point raises a $9.1m series a led by andreessen horowitz. Point is a home equity platform offering home equity investments (heis) We help you get up to $500k from your home without monthly payments. Find out what working with point is really like.
