Point – Get up to $500,000 with Home Equity Investment: $100 Application Bonus + $100 Referral Rewards

With a Point Home Equity Investment, you can get up to $500,000 from your home equity in an upfront lump sum cash payment to use for whatever you need with no monthly payments, no interest accrual, no income requirements, no need for perfect credit, and you get to keep the home you love.

When you apply for Point’s Home Equity Investment (HEI) as a homeowner, you can get upfront funds from Point in return for a portion of your home’s future appreciation, and you maintain complete control over you home.

Just for completing a successful online application through a referral link from somebody who has previous applied with Point, you can get a $100 bonus from Point, and there is no further obligation to take out a Home Equity Investment.

To get a $100 Visa Prepaid Gift Card, successfully complete an online application for a Point Home Equity Investment through a referral link from someone who has previously applied with Point, and you could unlock up to $500,000 of your home’s equity in an upfront lump sum payment.

With no monthly payments, no interest accrual, no income requirements, and no need for perfect credit, a Point Home Equity Investment may be an ideal solution for you to get the upfront cash that you need to use however you want for up to a 30-year term with no lockout period or prepayment penalty in exchange for a slice of your home’s future value.

If you have previously applied with Point, please feel free to share your user experiences along with your Point referral links in the below comments, so that other applicants may qualify for the $100 bonuses. Please note that you must have applied with Point previously in order to participate in the Point Refer-A-Friend Program and refer new applicants.

Get $100 Bonus to Apply for Point HEI

1. You must apply through a Point HEI $100 referral bonus link for your Point Home Equity Investment (referral link must be provided by someone who has previously applied with Point – please feel free to share referral links in below comments).

2. Successfully complete an online application for a Point Home Equity Investment.

3. Provide all information in the application including a valid Social Security Number that matches the applicant’s name for a hard credit pull.

4. Within 45 days after you submit the application online, a $100 Visa Prepaid Debit Card will be sent to you via the email used during your application.

5. You are under no further obligations to take out a Point Home Equity Investment in order to receive your $100 bonus.

About Point’s Home Equity Investment

Point’s Home Equity Investment (HEI) is a partnership between you and Point, where as a homeowner, you get upfront funds from Point in return for a portion of your home’s future appreciation.

You will receive a lump sum cash payment from $25,000 to $500,000 in exchange for a slice of your home equity, and you can use the funds for whatever you need.

There are no monthly payments, and you can sell your home, refinance, or buy back your equity at any time within a 30-year term with no penalty, so you maintain complete control over your home.

In addition, there is no interest rate associated with a Point Home Equity Investment, as repayment is based on the future appraised value of your property at the time of exit.

Point is not added to the title of the property, so you will retain sole ownership of your home with Point as an investor.

Similar to a mortgage, Point will place a lien on your home to secure the performance of the underlying agreement, until you buy back your equity from Point.

You have the flexibility to buy Point out at any time during your term for up to 30 years, as there is no lockout period or prepayment penalty, so you can pay back Point as soon as you like.

When you decide to buy back your equity from Point, the amount that you owe will depend on the value of your home at that time.

If your home’s value has gone up, then Point shares in the appreciation of your home, but if the value of your home has gone down, Point shares in the depreciation as well, so your buy back costs may be smaller.

One great thing if you decide to sell your home is that Point will pay taxes on its share of any appreciation, so that will reduce your capital gains if you exit through a sale.

Additionally, if you pay Point back at the end of the 30-year term without selling the property, then there is no capital gains event, because you did not sell your home.

Unlike home equity loans and personal loans, a Point Home Equity Investment has no payments for up to 30 years, no monthly payments, no income requirements, and only requires 500+ credit scores.

Additionally, unlike a reverse mortgage, a Point Home Equity Investment has no age requirements and no need to pay off your first mortgage.

With a Home Equity Investment from Point, you can get the cash you need upfront in exchange for a portion of your home’s future equity.

Please note that 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.

How Point’s Home Equity Investment Works

1. Apply for a Point Home Equity Investment in 60 seconds with a simple, 100% online application to get your initial offer with no further obligation.

2. After you receive your initial offer, you may submit your verifying documents online to confirm your information.

3. Once you verify your information, Point will set up an appraisal of your home from an independent licensed third-party to determine the initial value and finalize your offer.

4. When the appraisal is complete, you can sign your closing documents, which will be hand-delivered to you by a notary.

5. As soon as your closing documents are signed, you will get your funds electronically transferred directly to your bank account.

Point HEI $100 Refer-A-Friend Rewards

Through the Point Refer-A-Friend Program, for every person that you refer who submits an application for a Point Home Equity Investment, both you and your friend will receive a $100 Visa Prepaid Debit Card.

To refer your friends, just share your Point HEI $100 referral link however you like.

Your friends must apply through your unique referral link in order for you both to qualify for the $100 rewards.

Once your friend successfully submits their Point HEI application, both of you will receive a $100 Visa Prepaid Debit Card.

For an application to considered successful, the applicant must provide all information in the application including a valid Social Security Number that matches the applicant’s name for a hard credit pull.

Within 45 days after your referral submits the online application, a $100 Visa Prepaid Debit Card will be sent to you and your friend via email.

You may refer a maximum of 5 people and receive up to $500 in gift cards in a calendar year.

To participate in the Point Refer-A-Friend Program, the referrer must have applied with Point previously, and the referee must have never applied.

Take advantage of the Point referral bonuses to get a $100 Visa Prepaid Gift Card for both the referrer and referee by sharing Point Home Equity Investments with friends, family, and associates who successfully complete an online application.

Point SEED Investment for Down Payment on New Home Purchase (Coming Soon)

With a Point SEED Investment, you can purchase a new home and transform your down payment into 20% or more of the home value, so that you can save on your mortgage, start building equity, and buy the home you love without the wait.

As a home buyer, you can get funds to increase your down payment to 20% or more in return for a portion of your home’s future appreciation.

By participating in a Point SEED Investment, you’ll get funds toward your down payment, avoid Private Mortgage Insurance (PMI), lower your monthly payment, and access homeownership earlier.

In exchange for a portion of your home’s future appreciation, Point will offer a supplementary down payment of up to 15% of the purchase price of the home.

As the home buyer, you are required to put at least 10% of your own funds down, and Point’s supplementary down payment ranges between $10,000 to $250,000, depending on qualification and eligible properties.

There are no monthly payments or interest accrual, and you can sell your home or buy back your equity at any time within a 30-year term with no penalty.

Since you maintain complete control over your home, you can decide when to exit your partnership with Point.

The amount that you pay back Point will depend on the value of your home at the time of exit.

If your home goes up in value, Point shares in the gain, but if the value falls, your buy back costs may be smaller.

Point charges a 3.9% processing fee and other third-party paid closing costs such as appraisal, escrow, and government fees.

Similar to a mortgage, Point will place a lien on your home to secure performance of the underlying agreement.

Consider a Point Home Equity Investment to unlock up to $500,000 of your home’s equity in a lump sum cash payment, plus get a $100 cash bonus when you complete an online application for a Point Home Equity Investment.