What does this mean?

• Point has a mandatory waiting period to become eligible after any foreclosure, deed-in lieu, pre-foreclosure, or charge-off; this includes homeowners who are currently going through foreclosure proceedings.
  
  • For foreclosure as shown on the credit report, the waiting period is 5 years.
  • For deed-in-lieu of foreclosure, preforeclosure sale, or charge-off of mortgage account, the waiting period is 2 years.

How can I become re-eligible?

• If you have any court documentation showing we’ve made an error in our assessment, please share that with our team at decision-info@point.com for our team to review. 
• Subject to review, this eligibility may be met once the appropriate waiting period has passed. Please note that resubmitting an application does not guarantee approval, and your application will still be subject to a full underwriting review.