Point

Basic information

QM program

N/A

Loss payee

Point's subservicers (Roundpoint and BSI)

CPL or subordinate clause

Title insurance. Point will not subordinate.

Lock policies & fees

Lock policies

Lock extension

N/A

Relock

N/A

Lock & Shop

No

Lender's niche & overlays

Lender's niche

Home equity with no monthly payments

Lender's overlays

See product guidelines, either in portal or by asking your representative: https://files.point.com/Point-For-Brokers-HEI-Quickstart-Guide.pdf

Lender turn time

Initial underwrite (days)

2

CTC conditions review (days)

2

Initial CD (days)

3

Reviews