Repayment of loan
It appears that the term of the agreement with Point is ten years. If you pay back Point within ten years, you will be able to keep your home. If the clientele does not succeed in fulfilling the terms of the contract, most probably, they may be forced to a sale of their property to recoup Point's money.
Point charges a processing fee of 3-5% and other third-party paid closing costs such as appraisal, escrow, and government fees.
Early payment
It is not clearly defined on the web page, but clientele should make payment within ten years. On the condition of earlier repayment, customers may get an opportunity to save some money.
