Point makes home wealth more valuable for homeowners. You built your home equity with every mortgage payment and renovation. We built a financial solution that empowers you to unlock your home equity when you need it most.
Point empowers homeowners to achieve their financial goals using their hard-earned home equity wealth. Find out what working with Point is really like.
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.
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.
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.
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.
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.
Instead of monthly payments or interest, you receive a lump sum of cash upfront in exchange for a share of your home’s future change in value. With Point’s HEI: You don’t make monthly payments. You typically repay Point when you sell your home, get a cash-out refinance, or reach the end of the 30-year term.
With Point, you can access your home equity without the burden of monthly payments. Use the cash your way—whether it’s to pay off debt, renovate your home, or invest in new opportunities.
