Point.com

You may benefit from Point if you're a homeowner looking for flexible access to your home equity without taking on new monthly payment obligations. Point offers a Home Equity Investment (HEI) — an alternative to a traditional HELOC — that allows you to unlock a portion of your home’s equity in exchange for a share of your home’s future value.

Unlike traditional loans, Point’s HEI doesn’t require monthly payments or interest. You receive a lump sum upfront and repay Point when you sell your home or reach the end of your term (usually 30 years). This structure provides homeowners more breathing room than traditional home equity lines or cash-out refinances, especially for those who may not qualify or want additional monthly payment debt.