Point
Point offers innovative financial products like Home Equity Investments (HEI) and SEED down payment investments, enabling homeowners and buyers to manage home equity and down payments without monthly payments.
Home Equity Investment (HEI) Product
Point offers a Home Equity Investment (HEI) product that allows homeowners to access up to $500,000 from their home equity without requiring monthly payments. This innovative product features a 30-year term, during which homeowners can repay the investment at any time based on the home's value at the repayment time. The HEI product includes a risk-adjusted Appreciation Starting Value for calculating the share of home appreciation between Point and the homeowner and has a Homeowner Protection Cap to limit repayment in cases of significant home value appreciation.
SEED Down Payment Investment Product
Point's SEED down payment investment product assists home buyers by increasing their down payment, enabling them to access better mortgage rates and terms. This product aids potential homeowners in securing financing for a new home by leveraging investment support from Point, ultimately making home ownership more attainable.
Operational Regions
Point operates in select regions across the United States, including Arizona, California, Colorado, and many others. By choosing key markets, Point ensures it can offer its Home Equity Investment (HEI) and SEED down payment investment products to a broad range of homeowners and home buyers. The company's strategic regional presence allows for tailored services that meet the local market demands effectively.
Point's Innovative Approach to Home Equity and Financing
Point has been recognized in major publications for its innovative approach to home equity and financing. By offering products like the Home Equity Investment (HEI) and SEED down payment investment, Point provides homeowners and buyers with alternative financing solutions that challenge traditional methods. Their risk-adjusted appreciation model and Homeowner Protection Cap set them apart in the industry, providing more flexible and user-friendly financial products.
Customer Satisfaction
Point has a strong customer satisfaction rating, evidenced by their 4.5 out of 5-star rating on Trustpilot based on over 1,200 reviews. This high rating reflects customer approval and satisfaction with Point's products and services, indicating trust and reliability in their innovative financial solutions for homeowners and buyers.