How can I help Point clear my home's title?
Before moving forward with your Home Equity Investment, we need to confirm:
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Whether any liens exist on your property
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What type of liens they are
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Whether they impact your available home equity
Some common lien types include mortgages, HELOCs, tax liens, contractor or mechanic liens, child support liens, and HOA liens.
In some cases, a lien must be cleared before or at closing. If required, we'll add a task on your dashboard to provide a lien release or payoff statement.
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A lien release proves that the lien has already been paid or resolved.
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A payoff statement allows the lien to be paid and cleared at closing.
If a required lien release or payoff can’t be provided, we can’t move forward with closing. If this applies to you, your Point team will explain what's needed.