**Exhibit 31.2**

**CERTIFICATION**

|   |                        (a) Designed such disclosure controls and procedures, or caused such                  disclosure controls and procedures to be designed under our supervision,                  to ensure that material information relating to the Registrant,                  including                  its consolidated subsidiaries, is made known to us by others within                  those                  entities, particularly during the period in which this report is                  being                  prepared; |
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|   |                        (b) Paragraph omitted pursuant to SEC Release Nos. 33-8238 and                  34-47986; |
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|   |                        (c) Evaluated the effectiveness of the Registrant’s disclosure controls                  and procedures and presented in this report our conclusions about                  the                  effectiveness of the disclosure controls and procedures, as of                  the end of                  the period covered by this report based on such                  evaluation; and |
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|   |                        (d) Disclosed in this report any changes in the Registrant’s internal                  control over financial reporting that occurred during the Registrant’s                  most recent fiscal quarter that has materially affected, or is                  reasonably                  likely to materially affect the Registrant’s internal control over                  financial reporting; and |
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|   |                        (a) All significant deficiencies and material weaknesses in the                  design or operation of internal control over financial reporting                  which are                  reasonably likely to adversely affect the Registrant’s ability to record,                  process, summarize and report financial                  information; and |
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|   |                        (b) Any fraud, whether or not material, that involves management or                  other employees who have a significant role in the Registrant’s internal                  control over financial reporting. |
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|   |   |   | /s/                      M. GWEN MELANSON                                                                                                                                                                                                        |
|   |   |   | M.                      Gwen MelansonChief                        Financial Officer*Point                          Center Financial Inc.,Sole                            Manager of Point Center Mortgage Fund I,                            LLC |

| *  | M.                  Gwen Melanson functions as the equivalent of the chief financial                  officer                  of the Registrant. |
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