Is Point legit?
Yes — Point is an established, legitimate home equity investment company. Legitimate does not mean cheap.
- Its offer is real: a lump sum today, no monthly payment, for a share of your home's value at settlement.
- The term runs long — up to about 30 years — and you keep living in the home.
- You settle by selling, refinancing, or buying Point out at the end of the term.
- The catch: in a rising market the share you give up can exceed loan interest. There are upfront fees and a discounted starting valuation. Rule out a HELOC first.
Is Point a real company?
Yes. Point is an established home equity investment company. Here's how the product works: it hands you a lump sum now, with no monthly payment and no interest. In exchange, it takes a share of what your home is worth when you settle — by selling, refinancing, or buying Point out. The term can run up to about 30 years, and you keep living in the home the whole time.
The credit and income bar is lighter than a home equity line of credit (a HELOC — a second loan against your home that you draw on and repay). Point often works with credit in the 500s, and funds arrive in a few weeks. The real risk isn't whether Point is real. It's the price of the deal.
What Point costs
Illustrative — typical terms shown; your offer varies by home, equity, and market. Model the buyout →
There's an upfront processing fee, often around 3–5% of the amount, plus a starting valuation that's usually discounted below your home's current price. That discount raises Point's share at the end. And "no monthly payment" is not "no cost" — the whole balance settles at once when the term closes, a balloon that can force a sale. See the full cost breakdown or how it ranks against other offers.
✓ Point fits if
- You're equity-rich but income- or credit-short.
- You can't qualify for a HELOC or other conventional loan.
- You expect flat-to-modest home appreciation over the term.
- You have a clear plan to fund the settlement.
✕ Skip it if
- You can qualify for a HELOC, which usually costs less.
- You expect strong appreciation — the share you give up grows with it.
- You have no way to fund the buyout at the end.
Legitimate is about conduct, not price. Point can be an honest company and still be the costlier way to reach your equity — especially in a strong market, where the share you owe grows with your home's value.
Model the buyout in a rising market before you decide, and rule out a HELOC first. If you can qualify for one, it usually costs less.