How to Access Up to $600,000 From Your Home With No Monthly Payments
You’ve got equity. Maybe hundreds of thousands of dollars. But you’re stuck. A traditional loan might not be realistic, or the monthly payments just won’t work. Selling isn’t an option. You need breathing room, not another monthly bill.
If this sounds familiar, there’s an option most people haven’t heard of: a Home Equity Investment (HEI) from Point.
Instead of a traditional loan, Point gives you a lump sum of cash, up to $600,000, in exchange for a slice of your home equity. No monthly payments. No interest. You stay in your home and remain the owner.
You have up to 30 years to buy back your equity, and you decide when to exit. 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 buyback cost may be smaller.
How an HEI compares to a traditional HELOC:
Traditional HELOC
- ✗ Higher credit score typically required
- ✗ Income verification required
- ✗ Monthly payments required
Point Home Equity Investment
- ✓ 500+ credit score
- ✓ No income requirements
- ✓ No monthly payments
See what your home equity could unlock. Prequalifying takes about 60 seconds and has no effect on your credit.
Get my no-risk offer
Point is backed by institutional investors and has funded more than 25,000 homeowners across the United States.
We had significant equity in our house but were turned down for a standard HELOC and it seemed we had no way to access it to pay down debt and take care of other pressing needs. The Point Equity Investment plan allowed us to access our equity and we are in a much better situation because of that.
— Steve O. · Trustpilot Review
What Happens Next
When you click through to Point and prequalify, here’s what the next few weeks look like.
- Prequalify in 60 seconds. There are no fees to apply, and prequalifying has no effect on your credit score.
- Submit your application with no commitment. If you like your initial offer, complete the online application and submit the requested documents.
- Get an independent appraisal at no out-of-pocket cost. Point arranges an appraisal from a licensed, independent third-party to determine the initial value and finalize your offer. Point covers the cost upfront, and if you don’t accept the final offer, there are no fees to you.
- Sign your closing documents at home. A mobile notary brings the documents to you. Motivated homeowners can close in as little as 3 weeks.
- Receive your funds. Your HEI funds are wired directly to your account. You decide how to use them.
Actual closing timeline may be longer and depends on homeowner responsiveness, mortgage payments being up to date, appraiser availability, and other factors.
What’s the Trade-Off?
Instead of paying interest, you’re sharing a portion of your home’s future appreciation with Point. When you exit, the amount you repay is based on the value of your home at that time, plus the original amount you received.
Point also charges up to a 3.9% processing fee (subject to a $2,000 minimum) and other third-party closing costs such as appraisal and escrow. These are only charged if you accept the final offer and move forward. There’s no cost to apply or to walk away.
Point doesn’t share in the equity you’ve already built. They only share in the appreciation that happens after the agreement starts, calculated from a starting value set at the appraisal.
If your home appreciates dramatically, there’s a maximum percentage you can repay. You’ll never owe more than that cap, no matter how much the home is worth at exit.
And if your home’s value falls, your buyback cost may be smaller. That’s one of the more unusual features of how an HEI works.
What This Looks Like in Practice
Here’s a representative scenario from Point’s own HEI cost estimator. A homeowner takes a $50,000 HEI on a $500,000 home today and sells the home 12 years later, with average annual home price appreciation of 3.5%.
For comparison, Point’s $130,000 share over 12 years is roughly equivalent to an 8.3% annual interest rate, except there’s no monthly payment and no actual interest accrual. If the home had lost value instead, the buyback cost may have been smaller.
For illustration only. Pricing scenario assumes a combined loan plus option to value ratio of 49% and a FICO score of 740. Your actual offer and repayment terms depend on final underwriting, the value of your home, property characteristics, and credit information.
The HEI makes the most sense when the funds are used intentionally, like paying off high-interest debt, covering major expenses, or buying yourself time to get back on track financially.
Who an HEI Isn’t For
An HEI isn’t the right fit for every homeowner. The clearest sign you should look elsewhere is if you can easily qualify for a low-rate HELOC or home equity loan at your bank. If a traditional lender will give you a competitive rate without much friction, take that.
Where traditional financing falls apart is the qualification process itself. Most banks want a credit score north of 680, full income verification, and a debt-to-income ratio that fits inside their narrow box. Plenty of homeowners with significant equity don’t clear those bars, often through no fault of their own. Point’s HEI accepts credit scores as low as 500 and has no income requirements at all. That’s the entire reason the product exists.
The HEI is for the homeowner who’s been turned away or boxed out, not the one who has good options on the table.
Why Point’s HEI Specifically
Most home equity products require repayment within 10 years, which creates a ticking clock. Point’s HEI has a 30-year term, so you’re not forced into a sale, refinance, or buyback before you’re ready. Point has funded more than 25,000 homeowners and has never foreclosed on one.
This HEI was a perfect fit for me. Retired and on a fixed income, I found I was paying interest on home equity loans each month. I never seemed to be able to reduce those loans, which meant I was cash-poor each and every month. I was able to pay off all those loans, leaving me with some cash each month.
— Bruce M. · Trustpilot Review
Common Questions
Will checking my options affect my credit score?
No. You can prequalify with no obligation and no effect on your credit score. You’ll see your initial offer estimate before deciding whether to continue with a full application.
What happens if my home value drops?
Point does well if you do well. If your home value depreciates below the appreciation starting value, Point will share in the loss. That means your buyback cost may be smaller.
Can I repay my HEI before my term is over?
You can repay your Home Equity Investment at any time that works best for you during your 30-year term. There are no prepayment penalties, and Point will work with you to make a plan for paying back your HEI at the right time.
What happens to my HEI if I pass away?
In the event of a homeowner’s death, Point’s contract is assumable and continues with the co-owner or the estate. Death doesn’t trigger an acceleration of the homeowner’s agreement with Point. The heir of the estate has the same term to pay Point back as the original homeowner, through a sale, refinance, or another source of funds.
Is Point going to try and foreclose on me?
Point has never foreclosed on a homeowner. It’s not in Point’s interest financially, and they would exhaust every possible option to prevent default before resorting to any drastic measures. Just like with your mortgage, Point has no right to foreclose unless a homeowner defaults on their agreement.
How does an HEI compare to a HELOC, refinance, or home equity loan?
There are no monthly payments with an HEI. Homeowners can qualify without perfect credit or an income. In the event of significant home depreciation, homeowners may owe less than what they received. It’s equity financing for homeowners, an option that businesses have used to finance their growth for years.
How long does it take to get funds from Point?
You can prequalify and see how much you can unlock in under 60 seconds. Once approved, homeowners can close in as little as three weeks. Your funding timeline will vary depending on how responsive you are to Point’s requests, how many debt obligations are tied to your home, and other factors.
There are no fees to apply and no obligation to move forward. You’ll see what you might qualify for, understand the terms, and decide whether an HEI makes sense for your situation.
Get my no-risk offer No fees. No effect on your credit. No obligation.Point partners with and invests alongside the homeowner 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. Future appreciation is based on using the risk-adjusted Appreciation Starting Value and calculating any gain or loss based on the final appraised value of your home at the time of exit. Point charges up to a 3.9% processing fee (subject to a $2,000 minimum) and other third-party paid closing costs such as appraisal, escrow, and government fees. The term is 30 years. Point will place a lien on your home to secure performance of the underlying agreement. There are no monthly payments or interest accrual. Homeowner’s repayment amount is based on the future value of the subject property at the time of exit, as outlined in the underlying agreement.
Actual closing timeline may be longer and is dependent on homeowner responsiveness, mortgage payments being up to date, appraiser timelines, and other debt obligations associated with the property being met for the previous 90 days.
The pricing scenarios in the worked example assume a combined loan plus option to value ratio of 49% and a FICO score of 740. Your actual repayment terms will be dependent on final underwriting of your application, the value of your home, property characteristics, and credit information.
California: Point’s HEI product is not offered under its California Financing Law license (CFL). Point’s HEI product is offered as a licensed mortgage product in Colorado, Connecticut, Georgia, Illinois, Maryland, North Carolina, Washington, and Wisconsin. HEIs offered in other states are not currently required to be licensed.
Equal Housing Opportunity · Point Digital Finance, Inc. dba Point · NMLS #1610752
Disclosure: This content is for educational purposes only and should not be considered financial, tax, or legal advice. Consult your tax advisor about the tax treatment of an HEI for your specific situation. The Ways To Wealth may receive compensation if you choose to engage with Point through the links provided. Terms and availability vary by state.
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