What happens at closing?

At closing, you’ll meet with a notary to sign documents to formalize the terms of your HEI agreement. These include the Point Option Agreement, documents to secure Point's lien, and your Closing Disclosure (CD) which summarizes fees, costs, and the final amount you will receive.

Once you sign the closing documents, a federally required 3-day rescission period begins (excluding Sundays and federal holidays). After that, we send funds to the title company and you’ll receive your funds from them, by wire or overnight check—typically no later than 3-5 business days.