Is Point similar to Unlock or other HEI companies?

There are other companies that offer digital-first home equity products. Our HEI has flexible credit requirements, no income requirements, and you can get up to $600k, depending on how much equity you have in your home.

If approved, you get a lump sum of cash upfront and we receive a portion of the home’s future appreciation when you repay—usually when you sell or refinance but you can also use a HELOC or other funds. You have up to 30 years to repay with no monthly payments. (Unless you have an existing agreement that specifies a 10-year term.) You decide when you're ready, there's no pre-payment penalty.