After I pay off Point, what is the process for removing the lien on title?
Once you pay off your Point investment, our partner servicer will send you an email confirming that you've paid in full, which is also recorded with your county. Each state has a different timeline for releasing liens from the recording date, but in general, it takes about 60-90 days to release Point's lien on your title. During this process, your satisfaction of mortgage documents and termination of memorandum are also filed, signaling to all parties that you have satisfied all obligations and have reached an official exit from your agreement. Copies of these document are sent to you for your records.