Unacceptable property type

Rejection reason:

Unacceptable property type

What does this mean?

  • Point does not invest in certain types of properties, including
    • Manufactured homes
    • Mobile homes
    • Modular 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
    • 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, this 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.