Point, founded in 2014 and headquartered in Palo Alto, California, operates a fintech platform offering home equity financing alternatives to traditional mortgages and home loans. The company serves homeowners across the United States through two primary products: Home Equity Investments (HEI), its flagship offering, and Home Equity Lines of Credit (HELOC). Point has raised over $175 million in equity funding and employs more than 300 team members.
The Home Equity Investment product provides homeowners with lump-sum cash payments in exchange for a share of their home's future appreciation. Unlike conventional loans, HEI products carry no monthly payments and no income requirements, with flexible credit criteria. Point has assisted over 20,000 homeowners in unlocking more than $2 billion in home equity investments through this mechanism.
Point completed the industry's first securitization backed entirely by Home Equity Investments in partnership with Redwood Trust and underwriter Nomura, demonstrating technical maturity in capital markets operations. The company maintains an A+ rating from the Better Business Bureau and a 4.7-star rating on Trustpilot. The platform operates in the fintech, mortgage finance, consumer lending, and securitization sectors.
