'Point' is a unique financial service that helps people interested in purchasing a home to stay financially responsible in the process.
One of the biggest problems that people face when purchasing a home is the prospect of taking on inordinate amounts of debt. For homeowners, their house is the most expensive thing that they own, and few people have enough to purchase an entire property in one payment. But taking out a home loan means interest rates and monthly payments, which are not only tedious but can be financially crippling as well.
Point changes the financial game by offering to simply purchase a percentage of a home's equity. Rather than acting as a loan, this payment is an exchange: consumers forfeit the value of that equity so that they can purchase the rest of their home.
Home Equity Financial Services
More Stats +/-
Millennial Money-Managing Apps
Gamified Finance Apps
Chatbot Finance Apps
AI Finance Assistants
AI Money Managers
Free 2019 Report & eBook
Get the top 100 trends happening right NOW -- plus a FREE copy of our award-winning book.
Our Research Methodology
This article is one of 350,000 experiments. We use crowd filtering, big data and AI to identify insights.