Can I repay Point before the end of the term?
Yes, you can repay Point and terminate your agreement prior to the end of the term. The amount you must pay Point to buy out Point's position will be calculated using the property's value at that time as determined using an appraisal, AVMs, or a broker price opinion (BPO). If your refinancing lender is ordering an appraisal, we will often use that valuation.
There is no penalty to buy back Point's position prior to the end of the term.