Unacceptable property type

Rejection reason:

Unacceptable property type

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.