Jeff from Florida needed to tackle necessary home repairs. He initially considered a cash-out refinance until he learned it would result in an almost $2,000 monthly mortgage payment.
Instead of opting for an expensive debt product, Jeff sought a better alternative — one that wouldn't tie up his monthly cash flow or leave him vulnerable to losing his home.
Jeff partnered with Point to tap into his home wealth. With the funds from his Home Equity Investment, Jeff was able to replace damaged wood within his property, get his skylights replaced, and improve the stability of his home by repairing the roof.
Without the burden of added monthly obligations, Jeff tapped more than he would have with other traditional equity products. So, in addition to home repairs, he paid off his property taxes, got ahead on bills, and purchased season passes to Universal Studios to carve time out with his family — his biggest priority in life.
With his home in great shape and his financial obligations met, Jeff can now enjoy a home prepped to protect the ones he loves and the financial freedom to savor more of life's precious moments.