Unacceptable property type
What does this mean?
- Point does not invest in certain types of properties, including
- Manufactured homes
- Mobile homes
- Properties with 5 units or more
- Properties held in an LLC or co-op structure
- Commercial properties
- Vacant land
- Log cabin, A-frame, or geodesic homes
- Barndominums or other Pole-Barn type properties
- Homes on greater than 7 acres
How can I become re-eligible?
- If you have any documentation showing that your property does not fall into any of these categories, please send that to decision-info@point.com for our team to review.
- Subject to review, for properties held in an LLC or co-op structure, eligibility may be met once the ownership structure changes. Please note that changing ownership structure does not guarantee approval, and your application will still be subject to a full underwriting review.
- Point periodically adjusts its eligibility criteria. You may monitor the list of eligible property types at https://help.point.com/article/42-what-types-of-property-are-eligible-for-a-point-home-equity-investment. You’re more than welcome to reapply at a later date.
