How do homeowners qualify for a Point Home Equity Investment?

It takes 60 seconds to see if you pre-qualify for Point's Home Equity Investment (HEI). Here are a few factors that we look at: 

  1. Your home. To qualify for an HEI, your home needs to be in an eligible market area, and your home should be worth over $155,000.
  2. Your equity. You need to retain a significant percentage of the equity in your home after Point's investment. This percentage can vary depending on where you live, and can be confirmed by pre-qualifying.
  3. Your credit profile. While Point is much more flexible about your credit than conventional home equity options, we will still review your credit history and require a minimum credit score to qualify.
  4. Additional eligibility. Point must be in at least a second or third lien position and does not currently offer the HEI on commercial properties, manufactured homes, modular homes, mobile homes, properties with 5 or more acres, properties with an LLC ownership, or co-op.

Check your offer to see if you qualify!