For example, some companies, such as Point, use your home’s appreciated value — rather than its total value — to calculate the amount of money you have to repay when you borrow against your home equity.
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.
Get up to $500k with a Home Equity Investment (HEI) No income requirements No monthly payments No need for perfect credit See how much you can get Learn more about Point’s HEI
If you know you can make these payments when they come due, you’ll have the peace of mind to fully enjoy the many benefits of your HELOC. If the monthly payments you see don’t fit into your budget, consider an HEI from Point.
Final thoughts If you're unemployed or have already retired, you can still harness your home's equity to your benefit. It's essential to weigh your options and determine the best fit for your needs. A Home Equity Investment (HEI) from Point can help you do away with monthly payments. Visit Point.com to learn more.
By submitting the form above, you agree that Point may contact you about product offerings and you agree to our Terms of Use and Privacy Policy. Want the best possible appraisal outcome? Use this quick, printable checklist to prep your home like a pro.
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.
The Transaction attracted 29 unique investors, including eight new entrants to the Point securitization platform, resulting in over $1.6 billion in orders, and underscoring the continued institutional interest and confidence in Point’s program.
