What kinds of homes are eligible for a Home Equity Investment?

Point invests in most types of single-family residences, condos, properties with one to four units, and townhomes.

At this time Point does not invest in manufactured homes, mobile homes, modular homes, or properties with five or more units. Properties held by an LLC or in a co-op are also not eligible.

Investment properties and second homes are eligible for Point's HEI. Because these investments are perceived to carry more risk, they are subject to different underwriting criteria than investments in primary residences.