“We are witnessing the emergence of a whole new class of financial solution that is aligned with homeowners, and investors are taking notice,” Lim said. “2019 is proving to be a year of exponential growth for the company, and we expect that growth to continue as home equity investments open up critical liquidity for a lot more homeowners.” In 13 states — California, Colorado, Florida, Georgia, Illinois, Maryland, Massachusetts, New Jersey, New York, Oregon, Pennsylvania, Virginia, and Washington — and the District of Columbia, Point offers up to $250,000 over a 10-year term without interest rates or monthly payments for those who pass its five-minute online screener. (It applies a risk adjustment of up to 20 percent to offset declines in home value.)

https://venturebeat.com/2019/03/20/point-raises-122-million-to-extend-equity-financing-to-homeowners-and-buyers/amp/