(312) 929-4680 Online Payment

Disclosures


LEGAL


  • Copyright©2024 All rights reserved. Equal Housing Lender. Point Mortgage Corporation. NMLS#231073. 1061 TIERRA DEL REY, SUITE 205, CHULA VISTA, CA 91910. Phone: 619-475-4095. Toll-Free Number: 844-835-0681. Fax: 619-270-2500. www.pointmtg.com For legal questions email: compliance@pointmtg.com
  • This is not an offer to enter into an agreement. Not all customers will qualify. Information, rates, and programs are subject to change without prior notice. All products are subject to credit and property approval. Not all products are available in all states or for all dollar amounts. Other restrictions and limitations may apply. Point is not affiliated with any government agencies. Equal Housing Opportunity.


REVERSE MORTGAGES


Point Mortgage Corporation is not affiliated with any government agencies. These materials are not from HUD or FHA and were not approved by HUD or a government agency. Reverse mortgage borrowers are required to obtain an eligibility certificate by receiving counseling sessions with a HUD-approved agency. Youngest borrower must be at least 62 years old. Your monthly reverse mortgage advances may affect your eligibility for some other programs. At the conclusion of the term of the reverse mortgage loan contract, some or all of the equity in the property that is the subject of the reverse mortgage no longer belongs to you and you may need to sell or transfer the property to repay the proceeds of the reverse mortgage with interest from your assets. We will charge an origination fee, a mortgage insurance premium, closing costs or servicing fees for the reverse mortgage, all or any of which we will add to the balance of the reverse mortgage loan. The balance of the reverse mortgage loan grows over time and interest will be charged on the outstanding loan balance. You retain title to the property that is the subject of the reverse mortgage until you sell or transfer the property and you are therefore responsible for paying property taxes, insurance, and maintenance and related taxes. Failing to pay these amounts may cause the reverse mortgage loan to become due immediately and may subject the property to a tax lien or other encumbrance or to possible foreclosure. Interest on reverse mortgage is not deductible to your income tax return until you repay all or part of the reverse mortgage loan. This is not an offer to enter into an agreement. Not all customers will qualify.

Information, rates and programs are subject to change without notice. All products are subject to credit and property approval. Other restrictions and limitations may apply. Equal Housing Opportunity.


LICENSE


Point is required to disclose the following license information.

(http://nmlsconsumeraccess.org/EntityDetails.aspx/company/231073);

STATELICENSE AGENCYLICENSE TYPELICENSE NUMBEREXPIRATION  DISCLAIMERREGULATOR
AlabamaLicensed by the Alabama State Banking Department under the Alabama Consumer Credit Act. License #2258712/31/2024State Banking Department of Alabama Bureau of Loans
401 Adams Avenue, Suite 680
Montgomery, AL 36104
Phone: (334) 242-3452
ArizonaLicensed by the Arizona Department of Financial InstitutionsArizona Mortgage Banker License # 094710212/31/2024Department of Financial Institutions
100 N. 15th Avenue, Suite 261
Phoenix, AZ 85007
Phone: (602) 771-2800
Fax: (602) 381-1225
ArkansasLicensed by the Arkansas Securities DepartmentMortgage Banker-Servicer License #1111112/31/2024Arkansas Securities Department
Heritage West Building
1 Commerce Way, Suite 402
Little Rock, Arkansas 72202
Phone: (501) 324-8688
Fax: (501) 324-9268
CaliforniaLicensed by the California Department of Financial Protection and Innovationunder the California Residential Mortgage Lending Act, License #413087612/31/2024Department of Financial Protection and Innovation
Residential Mortgage Lending Act
320 West 4th Street, Suite 750
Los Angeles, CA 90013-2344
Phone: (866) 275-2677
ColoradoColorado Mortgage Company RegistrationRegulated by the Division of Real Estate. 12/31/2024Colorado Division of Real Estate
1560 Broadway, Suite 925
Denver, CO 80202
Phone: (303) 894-2166
Fax: (303) 894-2683
ConnecticutLicensed by the Connecticut Department of Banking as a Mortgage Lender, License #ML-23107312/31/2024Department of Banking
Consumer Credit Division
260 Constitution Plaza
Hartford, CT 06103-1800
Phone: (860) 240-8225
FloridaLicensed by the Florida Office of Financial RegulationMortgage Lender Servicer License #MLD162112/31/2024Office of Financial Regulation
Division of Finance
Bureau of Regulatory Review
200 East Gaines Street
Tallahassee, FL 32399
Phone: (850) 410-9895
Fax: (850) 410-9882
GeorgiaLicensed by the Georgia Department of Banking and FinanceGeorgia Residential Mortgage Licensee, Lender License #7037312/31/2024Department of Banking and Finance
NDFI Division
2990 Brandywine Road, Suite 200
Atlanta, GA 30341-5565
Phone: (770) 986-1136
Fax: (770) 986-1029
IdahoLicensed by the Idaho Department of FinanceMortgage Broker/Lender License #MBL-208023107312/31/2024Department of Finance
800 Park Boulevard, Suite 200
Boise, ID 83712
Phone: (208) 332-8000
IllinoisLicensed by the Illinois Department of Financial and Professional Regulation Division of BankingIllinois Residential Mortgage Licensee #MB676154512/31/2024State Of Illinois Community Reinvestment Notice: The Department of Financial and Professional Regulation (Department) evaluates our performance in meeting the financial services needs of this community, including the needs of low-income to moderate-income households. The Department takes this evaluation into account when deciding on certain applications submitted by us for approval by the Department. Your involvement is encouraged. You may obtain a copy of our evaluation. You may also submit signed, written comments about our performance in meeting community financial services needs to the Department.Department of Financial and Professional Regulation, Division of Banking
100 W. Randolph, 9th Floor
Chicago IL 60601
Phone: (800) 532-8785
IndianaLicensed by the Indiana Department of Financial Institutions under the First Lien Mortgage Lending Act, License #6123512/31/2024Department of Financial Institutions
Consumer Credit Division
30 South Meridian Street, Suite 300
Indianapolis, IN 46204
Phone: (317) 453-2539
IowaLicensed by the Iowa Division of Banking Mortgage Banker License #2015-000212/31/2024Division of Banking
200 East Grand Avenue, Suite 300
Des Moines, IA 50309-1827
Phone: (515) 281-4014
Fax: (515) 281-4862
KansasLicensed by the Kansas Office of the State Bank Commissioner Supervised Loan License #MC002576712/31/2024Office of the State Bank Commissioner
Division of Consumer & Mortgage Lending
700 SW Jackson Street, Suite 300
Topeka, KS 66603
Phone: (785) 296-2266
KentuckyLicensed by the Kentucky Department of Financial Institutions Mortgage Company License #MC82300912/31/2024Department of Financial Institutions
Mail Stop 2 SW 19, 500 Mero St.
Frankfort, KY 40601
Phone: (502) 782-9020
Fax: (502) 573-8787
MarylandLicensed by the Maryland Department of Labor  Licensing and Regulation Mortgage Lender License #23107312/31/2024Department of Labor, Licensing & Regulation
500 N. Calvert Street, Suite 402
Baltimore, MD 21202
Phone: (410) 230-6155
Fax: (410) 333-0475
MichiganLicensed by the Michigan Office of Financial and Insurance Regulation First Mortgage Broker/Lender License #FR0023851012/31/2024Department of Insurance & Financial Services
530 W. Allegan St, 7th Floor
Lansing, MI 48933
Phone: (517) 284-8800
Fax: (517) 284-8837
MinnesotaLicensed by the Minnesota Department of Commerce Residential Mortgage Originator License #MN-MO-231073. 12/31/2024This is not an offer to enter into an agreement Any such offer may only be made pursuant to Minn Stat 47206 (3) & (4)Department of Commerce
85 7th Place East, Suite # 280
Saint Paul, MN 55101
Phone: (651) 539-1600
MontanaLicensed by the Montana Division of Banking and Financial Institutions Montana Mortgage Lender License #23107312/31/2024Division of Banking & Financial Institutions Mortgage Licensing
301 S. Park Ave., Suite 316
Helena, MT 59601
Phone: (406) 841-2920
Fax: (406) 841-2930
New JerseyLicensed by the New Jersey Department of Banking and Insurance Residential Mortgage Lender License12/31/2024New Jersey law prohibits discrimination in housing. For additional information: https://www.njoag.gov/wp-content/uploads/2022/07/Sale-and-Rentals-Housing.pdfLicensed by the New Jersey Department of Banking and Insurance
Licensing Services Bureau, Banking
20 West State Street, 8th Floor
Trenton, NJ 08608
Phone: (609) 292-7272
Fax: (609) 633-0822
New MexicoLicensed by the New Mexico Financial Institutions Division Mortgage Loan Company License12/31/2024Financial Institutions Division, Mortgage Unit
2550 Cerrillos Road, 3rd Floor
Santa Fe, NM 87505
Phone: (505) 476-4819
Fax: (505) 476-4670
North CarolinaLicensed by the North Carolina Commissioner of Banks Office  # L-19504112/31/2024Commissioner of Banks Mortgage Division
316 W. Edenton Street
Raleigh, NC 27603
Phone: (919) 733-3016
Fax: (919) 733-6918
OhioLicensed by the Ohio Department of Commerce Division of Financial Institutions  Residential Mortgage Lending Act Certificate of Registration#RM80489900012/31/2024The Ohio Department of Commerce
Division of Financial Institutions
77 South High Street
21st Floor
Columbus, OH 43215-6120
Phone: (614) 728-8400
Fax: (614) 728-0380
OklahomaLicensed by the Oklahoma Department of Consumer Credit Mortgage Lender License #ML01442312/31/2024Department of Consumer Credit
629 N.E. 28th Street
Oklahoma City, OK 73105
Phone: (405) 521-3653
OregonLicensed by the Oregon Division of Finance & Corporate Securities Mortgage Lender License #23107312/31/2024RESIDENTIAL MORTGAGE LOAN SERVICERS ARE REGULATED BY THE OREGON DIVISION OF FINANCIAL REGULATION. TO FILE A COMPLAINT, CALL 866-814-9710 OR VISIT HTTP://DFR.OREGON.GOV.Department of Consumer and Business Services
350 Winter Street, Fourth Floor
Salem, OR 97301
Phone: (503) 378-4100
Fax: (503) 378-6444
PennsylvaniaLicensed by the Pennsylvania Department of Banking Lender License #9849712/31/2024Pennsylvania’s Loan Interest and Protection Law applies to loans of $50,000 or less. This law requires a Lender offering a mortgage with a variable interest rate to also offer a mortgage with an interest rate that will not change. This fixed interest rate mortgage must be offered to you at reasonably competitive terms and rate. On variable interest loans, the Lender will explain to you how the interest rate can change in the future, the effect of changes in the index on the rate and term, and an explanation of the index.Department of Banking and Securities
Market Square Plaza
17 N. Second Street, Suite 1300
Harrisburg, PA 17101-2290
Phone: (717) 787-3717
South CarolinaSouth Carolina Board of Financial InstitutionsMortgage Lendere / Servicer LicenseMLS-23107312/31/2024Know Your Rights
https://storage.googleapis.com/apolloimage/images/SC_Lenders_Rights_Responsibilities.pdf
State Board of Financial Institutions
Consumer Finance Division
1205 Pendleton St., Suite 306
Columbia, SC 29201
Phone: (803) 734-2020
TennesseeLicensed by the Tennessee Department of Financial Institutions Mortgage License #19673112/31/2024Department of Financial Institutions
Compliance Division
Tennessee Tower, 26th Floor
312 Rosa L. Parks Avenue
Nashville, TN 37243
Phone: (615) 253-6714
TexasLicensed by the Texas Department of Savings and Mortgage Lending SML Mortgage Banker Registration12/31/2024Attn: Texas Applicants  Consumer Compliant & Recovery Fund Notice

Complaints regarding a licensed residential mortgage banker or loan originator should be sent  to the Texas Department of Savings and Mortgage Lending, 2601 North Lamar, Suite 201, Austin Texas 78705. Complaint forms and instructions may be obtained from the department’s website at www.sml.texas.gov. A toll-free consumer hotline is available at 1-877-276-5550.

The department maintains a recovery fund to make payments of a certain actual out of pocket damages sustained by borrowers caused by acts of licensed mortgage banker residential mortgage loan originator. A written application for reimbursement from the recovery fund must be filed with and investigated by the Department prior to the payment of a claim. For more information about the recovery fund. Please consult the department’s website at www.sml.texas.gov.
TX Department of Savings and Mortgage Lending
2601 North Lamar, Suite 201
Austin, TX 78705
Phone: (512) 475-1350
Fax: (512) 475-1360
UtahLicensed by the Utah Division of Real EstateMortgage Entity License#1203815912/31/2024Department of Commerce
Division of Real Estate
Heber M. Wells Building, 2nd Floor
160 East 300 South
Salt Lake City, UT 84111
Phone: (801) 530-6747

Department of Financial Institutions
324 S State Street, Suite 201
Salt Lake City, UT 84111
Phone: (801) 538-8834
VirginiaLicensed by the Virginia State Corporation Commission Mortgage Lender License #MC-595012/31/2024State Corporation Commission
Bureau of Financial Institutions
1300 E. Main Street, Suite 800
Richmond, VA 23219
Phone: (804) 371-9690
WashingtonLicensed by the Washington Department of Financial Institutions Consumer Loan Company License #CL-23107312/31/2024Department of Financial Institutions
150 Israel Road SW
Turnwater, WA 98501
Phone: (360) 902-8703
Fax: (360) 586-5068
WisconsinLicensed by the Wisconsin Department of Financial Institutions Mortgage Banker License #231073BA12/31/2024Department of Financial Institutions
Division of Banking
4822 Madison Yards Way, North Tower
Madison, WI 53705
Phone: (608) 261-7578
Fax: (608) 267-6889