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Homeowner story: Meet Johannes B.

Johannes wanted to get his golden years back on track—here’s how he turned things around with his home equity.

Siarra Ortiz
January 10, 2025
Updated:

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Johannes faced a life-altering challenge two years ago when his wife was diagnosed with cancer. Overwhelming medical expenses quickly spiraled into considerable debt, leaving the couple financially strained. 

Frustrated and in need of a solution, Johannes sought to leverage his most significant asset—his home. However, as he was retired with a limited income, traditional lenders turned him away—even though he had significant equity in his home.

When Johannes discovered Point's Home Equity Investment (HEI), he saw a new path forward. Unlike traditional loans, Point allowed him to access his equity without income barriers or monthly payments, giving him the flexibility he needed.

By partnering with Point, Johannes paid off his debt, caught up on home repairs he had been forced to delay, and even invested $50,000 in a certificate of deposit (CD) to grow his savings. "I made some money out of it," he said with pride, reflecting on how the decision gave him a chance to rebuild his financial stability.

Now, Johannes is back to enjoying his golden years with financial peace of mind. While medical bills will remain prevalent, the breathing room Point provided has made all the difference.

Johannes' story is a powerful reminder that financial stability can make all the difference during life's most challenging moments. With Point's help, he found relief, regained control, and created space to focus on what matters most — his family.

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