This article explains how to submit a Proof of Ownership (PoW) application for RWA Property Claims or Property Refinances. PoW is the essential bridge between your real-world property and the Peoples Reserve ecosystem, verifying your equity before any financial benefits are unlocked.
When Proof of Ownership Applies
Proof of Ownership is required only for properties you currently own. This verification allows you to access two primary paths:
- RWA Property Claim: For properties owned 100% "free and clear." This verifies that no existing mortgages liens or debts exist so that the property can earn rewards.
- Property Refinance: For homeowners who want to sell their home to TruFi and have it financed back to them. After PoW is approved, you will choose between a Self-Repaying Mortgage (SRM) or a Bitcoin Mortgage (BMR).
Accessing the Proof of Ownership Application
You can navigate to the Proof of Ownership Applications tab in two different ways.
Option 1: From the Sidebar Menu
- Click the arrow (^) next to your email address in the left-hand sidebar
- Select Proof of Ownership from the menu
Option 2: From the Marketplace Dashboard
- Log in to your Peoples Reserve account
- Navigate to Marketplace
- Scroll down to the Property Dashboard (RWA) or the Mortgage Dashboard (SRM/BMR)
- Click the “Waiting for Docs” text shown on the right side of the property
Select the Correct Application
Once you are on the Proof of Ownership page, you’ll need to select the correct application based on your property path.
- Locate the application dropdown
- Expand the dropdown for the appropriate application:
- RWA Property Claim
- SRM/BMR
Complete the Application Form
Fill out all required fields in the application form and upload the necessary documentation. Ensure documents are clear.
- Enter all requested property and ownership details
- Attach required documents (e.g., Property Deed, Homeowners Insurance, and Property Tax Document.)
- Ensure all files are clear, complete, and readable
Submit Your Application
- Review all entered information carefully
- Click Submit to send your application for review
Confirming Your Submission
After submission, you can confirm that your application was received in two ways:
- Check your Notifications for a submission confirmation
- View your RWA or Mortgage dashboard for a status of Pending
Verification & Review Process
Once submitted, your Proof of Ownership application will be processed.
- Status will remain Pending during review
- Approval or rejection notifications are sent via email
- Review times may vary depending on application volume
Next Steps: Upon approval for a Refinance, your "Transformed Home Equity" will be calculated so you can select your preferred mortgage vehicle (SRM or BMR). For RWA claims, your property will immediately begin participating in the reward structure.
When to Contact Support
Contact Peoples Reserve Support if:
- You are unable to locate the Proof of Ownership application
- Your submission status does not appear after submitting
- You receive a rejection and need clarification on next steps