What are the fees associated with a Point investment?
At origination, there are usually no out-of-pocket expenses for a homeowner. Point will pay you an upfront, lump sum amount in exchange for a portion of your home’s future appreciation. From this upfront amount Point charges up to a 3.9% processing fee (subject to a $1,000 minimum) and other third party paid closing costs such as appraisal, escrow, and government fees.
During the term of your agreement with Point, you may pay some service fees. You'll only be charged when these services are requested or required. Some common fees are in the table below. These prices reflect what you'll pay Point, but certain services may incur additional fees from your state or county. Costs are subject to change, and this isn't a comprehensive list of all possible charges. It's provided for informational purposes only. Point aims to always be transparent about every aspect of our process.
| Type | Description | Amount Charged |
| Monthly Payment | Point's Home Equity Investment has no monthly payments. | $0 |
| Full Appraisal | At the end of your term (or whenever you decide to buy Point out), we may need to order an appraisal. Some sales transactions may also require an appraisal to determine the fair market value of the home. |
$500 - $700 |
| Escrow Fee | This fee cover costs associated with the closing process itself. |
$500 - $700 |
| Processing Fee | This fee covers costs related to processing, approving, and funding the HEI. |
3.0% - 3.9% |
Current as of 2024. Subject to change.