What does this mean?

• The North Carolina Commissioner of Banks has recently issued guidance indicating that HEI transactions on properties without a primary mortgage may be subject to reverse-mortgage regulations. Due to the requirements associated with these laws, Point is only able to offer our product to homeowners who have a qualifying primary mortgage in place before closing.

How can I become re-eligible?

• If you believe our assessment was incorrect and you do have a primary mortgage, please contact us at decision-info@point.com so we can review additional documentation.

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