What does this mean?

• You have a HELOC or an existing Home Equity Shared Appreciation (non-Point HEI’s only) that is unable to be paid off in full as part of the transaction.

How can I become re-eligible?

• Subject to review, this eligibility may be met once the balance on the existing home equity financing product(s) is paid. Please note that removing the home equity financing product(s) does not guarantee approval, and your application will still be subject to a full underwriting review.