Can Point work with manufactured home communities or land-lease properties?
Point can't offer a Home Equity Investment on manufactured homes or properties located in manufactured home communities. We also don't invest in land-lease properties, since the homeowner does not own the land and therefore does not hold the type of property interest required for an HEI.
We only invest in eligible residential properties where the applicant holds full ownership of both the home and the land, such as single-family homes, condos, townhomes, and 1–4 unit properties.