0Pointloan was founded in 1999 as an Internet Lender, committed to using technology to provide a lower cost and 0Pointloan was founded in 1999 as an Internet Lender, committed to using technology to provide a lower cost and more convenient mortgage to our customers. We reduce costs by utilizing automated underwriting systems and other technologies, and by lending in California. 0Pointloan.com was founded by Jay Patel, who has been in the industry for over 25 years.more convenient mortgage to our customers. We reduce costs by utilizing automated underwriting systems and other technologies, and by lending in California. 0Pointloan.com was founded by Jay Patel, who has been in the industry for over 25 years.