Home equity alternative Point raises $122M in new funding

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Home equity alternative Point raises $122M in new funding. Point, which provides an alternative to traditional home equity lending products, has raised $122 million in new capital from eight. Read More

Home equity alternative Point raises $122M in new funding. home equity alternative Point raises $122M in new funding. CAREER center. career management; professional development; mortgage Job Seeker.

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Palo Alto, Calif.-based Point, a shared equity reverse mortgage alternative that gives homeowners the ability to sell a small fraction of their equity, has raised $22 million in series B investment funding, and an additional $100 million in platform capital. This brings total equity investment in the product to $33 million, and total platform capital [.]

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NEW DEVELOPMENTS; FINEST COMMUNITIES; MARIALBY’S BLOG; ABOUT ME; Search for: HOME; SEARCH.. Startup that offers alternative to home equity lending raises 2m. point cbo Eoin Matthews (Credit: Point and iStock) A startup.

Startup that offers alternative to home equity lending raises 2m point CBO Eoin Matthews (Credit: Point and iStock) A startup that buys equity in homes and then offers to sell it back to residents has raised $122 million.

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Home Equity Startup Lands $122M In Funding by Law360: Real Estate Point, a financial technology startup that invests in home equity, said Wednesday that it secured $122 million in new funding that will be used to achieve the company’s goal of serving more than 70 percent of U.S. homeowners by 2020.

Home Equity Startup Lands $122M In Funding By Darcy Reddan Law360 (March 20, 2019, 8:21 PM EDT) — Point, a financial technology startup that invests in home equity, said Wednesday that it secured $122 million in new funding that will be used to achieve the company’s goal of serving more than 70 percent of U.S. homeowners by 2020.

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