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Unlock vs. Point: Which Home Equity Sharing Option Is Right for You?

Ante Mazalin avatar image
Last updated 10/03/2025 by
Ante Mazalin
Edited by
Andrew Latham
Andrew Latham
Summary:
If you’re house-rich but cash-poor, home equity sharing agreements like those from Unlock and Point can be a game changer. But which one is the better fit for your needs? In this guide, we’ll break down how these two shared equity companies stack up—helping you unlock (pun intended) the value of your home without taking on more debt.

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Quick Comparison: Unlock vs. Point

FeatureUnlockPoint
Maximum FundingUp to $500,000$30,000 - $600,000
Maximum Funding (%)Up to 38.8%Up to 20%
Term Length10 years30 years
Origination Fees3%N/A
Closing CostsN/AN/A
Monthly PaymentsNoneNone
Maximum LTV80%73%
Credit Requirements500500
Use CaseEquity Cash-OutEquity Cash-Out
States Available17 states20+ states
SuperMoney Ratingmostly recommendedmostly recommended

How Unlock Home Equity Sharing Works

Unlock offers a shared equity agreement where you receive a lump sum today in exchange for a percentage of your home’s future value. There are no monthly payments or interest charges.

Key Features

  • Get a lump sum of cash in exchange for a share of your home’s future value
  • Flexible use of funds: pay off debt, invest, etc.
  • 10 year term with the option to buy back early
WEIGH THE RISKS AND BENEFITS
Here is a list of the benefits and drawbacks to consider.
Pros
  • No monthly payments or interest
  • Accepts lower credit scores (500+)
  • Supports use on primary and investment properties
  • Predictable origination fee and closing costs
Cons
  • Limited availability — currently offered in 17 states
  • Requires at least 80% LTV (i.e., 20–30% equity)
  • Must share a portion of future home appreciation

Ideal Customer

Unlock is ideal for homeowners with decent equity who prefer short-term arrangements and need access to cash without taking on more debt.

How Point’s Home Equity Investment Works

Point also provides a lump sum in exchange for a share in your home’s future appreciation, but their terms are longer—up to 30 years.

Key Features

  • No monthly payments
  • Term of up to 30 years
  • Available in over 20 states
  • Use funds however you like
WEIGH THE RISKS AND BENEFITS
Here is a list of the benefits and drawbacks to consider.
Pros
  • Long-term flexibility (up to 30 years)
  • Works with credit scores as low as 500
  • Can be used for second homes
  • No early buyback penalty
Cons
  • Can be more costly over a long term
  • Shares more appreciation if property value increases
  • Processing fees can add up

Ideal Customer

Point is best for homeowners who want longer repayment flexibility and live in states where Point is available.

Which One Is Right for You

Both Unlock and Point offer flexible alternatives to traditional home equity loans, but your best option depends on your financial goals, timeline, and property type.

Unlock is best for:

  • Short-term planners: If you’re planning to sell, refinance, or buy back within the next 5–10 years, Unlock’s 10 year term is a great fit.
  • Real estate investors: Unlike many competitors, Unlock allows use on investment properties and rentals.
  • Borrowers with fair credit: With a minimum credit score requirement of 500, Unlock is accessible for homeowners working on rebuilding credit.
  • Homeowners in need of quick liquidity: Unlock may be faster to fund and better suited for urgent needs like debt payoff or emergency expenses.
  • Those who want low commitment: No monthly payments, no prepayment penalties, and a shorter term make it easier to exit the agreement sooner.

Point is best for:

  • Long-term homeowners: If you’re planning to stay in your home for decades, Point’s 30 year term gives you room to breathe.
  • Second-homeowners: Unlike Unlock, Point allows you to tap into equity in a second residence—not just your primary home.
  • Homeowners in more states: With availability in 20+ states, Point may be an option where Unlock is not yet offered.
  • Those who want time flexibility: The extended term allows you to delay repayment until you’re ready to sell or refinance far into the future.
  • Buyers who value predictability: With more structured terms and widely published guidelines, Point may appeal to homeowners who want a consistent experience.

What Users Are Saying

Unlock

  • SuperMoney users rating: 3.5/5
  • Users appreciate the simplicity and speed of funding
  • Favorable comments on customer support
  • Some mention concern about giving up future appreciation
“Unlock helped us access funds without refinancing or monthly payments. The process was smooth, and their team explained everything clearly.” — Verified user on SuperMoney

Point

  • SuperMoney users rating: 3.4/5
  • Customers like the longer term flexibility
  • Generally good experience with the application process
  • Some reviews mention the high cost over time
“Point gave us the flexibility we needed during a tough time. It was great not having to worry about monthly payments while we got back on our feet.” — Verified user on SuperMoney

Next Steps

Now that you’ve compared Unlock and Point, you’re ready to make an informed decision. But don’t stop here—there’s still plenty to explore to ensure you choose the right home equity partner for your unique situation.

Unlock

Point

Read our other home equity sharing comparisons:
Explore more home equity sharing providers on our comprehensive Shared Equity Reviews page, where you’ll find detailed reviews, ratings, and real customer feedback.

Key Takeaways

  • Unlock offers a 10-year shared equity agreement and allows investment property eligibility.
  • Point provides longer terms—up to 30 years—and operates in more states nationwide.
  • Both options provide upfront funding without monthly payments, helping preserve cash flow.
  • Choose Unlock for short-term needs and flexible buyback options; choose Point for longer timelines or broader property eligibility.

FAQ about Unlock and Point

Can I use these funds for anything?

Yes, both Unlock and Point allow you to use the funds for any purpose—debt consolidation, investments, or personal expenses.

Do I need to make monthly payments?

No, neither company requires monthly payments. Repayment is due when you sell the home or reach the end of the term.

What happens if my home value drops?

Both companies share in the appreciation and depreciation of your home, which can work in your favor if the market declines.

Can I buy back early?

Yes, both Unlock and Point allow early buyback without penalties.

Are there closing costs?

Yes. Both Unlock and Point charge a processing fee—typically around 3%—along with standard third-party closing costs such as appraisal, escrow, and title fees. Be sure to review the full fee breakdown before signing an agreement.

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